I am concerned about mining and censorship. What happens if the US + EU + whk ever else the pressure in to it pass a law saying any mining company must only include transactions in their block that are to/from approved addresses? You must follow our Whitelisting/Blacklisting laws or you will be prosecuted.
u have any dubt that this will happen??? is already real. 1btc≠1btc. Leviatan can easily track once it lands on a exchange with kyc. Those btc are forever in the radar if we do not change base layer.
Monero fixes this. Or am I wrong?
but it is inflacionary. Is not for the same use.
What is the other use Bitcoin has? And no Monero is equal to Bitcoin and has a fix Maximum.
"Monero has a fixed emission rate, not a set maximum supply. Around May 2022, Monero's emission will drop to and permanently remain at 0.3 XMR per minute (0.6 XMR per block). This is approximately 1% inflation for the first year and will approach 0% inflation in future years. This tail emission allows for permanent incentives to secure Monero, even in the far future, while keeping inflation at a very low percent."
bitcoin is deflationary, preserves value. Monery is private, but does not preserve value. Despite being a low rate, is still inflationary. It just depends of what u want.
You mean like gold fails to preserve value because of supply inflation?
supply inflation and fake supply inflation😂 like the etfs from btc.
It's a big world out there and people can mine in other countries if this happens.
I hope that it is a big enough world that mining can stay sufficiently decentralized. Not hard to imagine many different fututes though where censorship comes in to play. I can imagine a future Trump asking why Chinese transactions are included in American blocks. Blockspace sanctions could be a reality. It will be an interesting dynamic that is for sure.
Probably then other blockchains would just gain attractivity. I mean it is opensource. So any blockchain can take the lead at any time. When one chain gets a hit others can profit of this.