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Enforcing Sanctions in Crypto Isn't the Problem

The Breakdown

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Etheorium and Cryptocurrency Resistance

Etheorium has spent the last years moving to try to compete with bict coin on store value, sound money properties. The episode that we've seen this week makes clear that it cannot compete with bickcoin when it comes to censorship resistance,. at least certainly not now as the eco system is currently organized. It's a moment for those who have been ignoring the clear, centralized points of failure in the etherium and other potential ego systems to reflect on whether those are the types of trade offs they're willing to make.

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