3min chapter

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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates

Lex Fridman Podcast

CHAPTER

Bitcoin's Censorship Resistance

There's almost psychological values there instilled in Bitcoin. You have these computer science technical features of the system that cause it to have these political qualities, which is very hard or impossible to censor a specific individual. Then you have the fact that it's a cryptographic based system and you can hold value in your brain by memorizing 12 words, for instance,. That gives it seizure resistance, which is again a political concept. If you wanted to desert your jurisdiction with your wealth intact in your brain, that gave it this political salience.

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