Oddbean new post about login | logout Question for my technical friends. If we somehow got a fork enacting covenants on bitcoin, what’s to stop governments from forcing spending restrictions upon all bitcoin purchased on KYC exchanges in the future?
The fact that you, when generating a receive address, are doing so by defining the spending conditions. As long as you control which wallet software you use, no one can force you to generate receive addresses with spending conditions to which you don't agree.
Thank you kind ser 🫡