Oddbean new post about | logout
 Yes and no.

Yes if you’re in the Western sphere where they have control. No if you memorise 12 words and get on a plane to a jurisdiction that doesn’t hate you 
 This is true, but the surveillance state is reaching a potency we have never dreamed of. I don't think running or hiding will remain an option 
 This is true but if large mining pools are forced to censor transactions, it doesn't matter who or where you are.  
 Right 
 There will always be a small mining pool willing to take your sats, you just may have to wait a few blocks & pay a small premium.

Lightning can't be censored, there's also enuts & liquid. 
 All layer 2s and 3s require on chain transactions to set up or to reach final settlement, but I do believe you'll be proven correct as mining game theory matures.  
 Yeah - you need to have those setup before you actually need them.

The fee spike with that ordinal garbage taught me that.

You don't need everything in there but optionality is always reassuring.