Oddbean

Oh, but they sure as hell can. They can get together and tell the miners in their country they either have to shut down or not mine these transactions. And if those are more than 51% of all mining power, then that's it. Even if your transaction gets mined, they could just orphan the block.

There are a lot of countries in the world with anonymous miners. They don’t all just do whatever our government wants them to do. The fee market incentivizes miners to not censor. As the number of censored transactions rises, the incentive to mine them grows. If those transactions don’t go through, the price could suffer and the miners would be shooting themselves in the foot.

That is a fair point. How long can your transaction be delayed though? And how long can you withstand it being delayed? Is the real question? If it were your rent for, say, then you would not be able to withstand it being delayed very long.

Transactions cancel after about 2 weeks. You can also increase your fee while it is in the mempool using RBF which incentivizes more people to mine it. If all your sats were doxxed and you were being censored, it would be bad. But I don't think they would go to the miners to censor you if they knew where you lived. They could just come arrest you. Now if you are saying they will censor all non kyc sats, that is extremely difficult to accomplish. It's hard to even know what sats belong to who. How many sats are non kyc? Can you force all miners around the world to kyc all new mined sats? Also, people buy kyc sats and then send them in as donations or use them to buy things from other people. And with payjoin, it gets more difficult to track. All this does is add a lot of friction for US miners which other businesses or countries can take advantage of. Do you think America, China, and Russia will come together and agree to censor each other? We already sanctioned Russia so that clearly shows that they can't agree on everything. If the government in the US even hinted that they were going to subsidize bitcoin mining, they would open the floodgates to new bitcoin adoption. What would that do to the confidence of bond holders and the value of the dollar? Other countries would get in bitcoin and try to mine as well. It would pump the price, making mining more profitable, and add new miners to the network from different countries. This is all very convoluted and we are just speculating about an unknown future. My belief is that the incentive to mine bitcoin is strong enough to overcome censorship. But I admit that remains to be seen. I'd like to see mining pools get more decentralized. I wish bitcoin had more privacy by default but you cant know for certain that there are only 21 million bitcoin if the blockchain isn't transparent. So pseudonymity seemed like a reasonable tradeoff.

Who talk about the sats, they will only go to the green and red address. If ur keys are kyc and u are know u are green. if ur keys are non kyc u will be targeted by any agency and get u an ID or go to jail. Like always it won happen in one take. Just some turn up time to time the heat.

what an individual miners aka anon can do against big corrupt money and infinite money that pay those big miners ? Remember its all about hash power in bitcoin mining. A pretty big gape in mining security.