Replying to Avatar Sovereign Matt

It’s interesting I was just in DMs with a bitcoiner from 2011 who’s now considering selling all his btc.

He thinks Bitcoin is no longer censorship resistant from the state.

Sorry for fud but it’s always interesting to hear a perspective that challenges the core idea of bitcoin especially from an og bitcoiner.
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Sovereign Matt 2y ago

Anyone got any idea how the state could capture bitcoin?

Kyc enforcement of mining pools maybe?

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etherstatic 2y ago

Custodial wallet? Gun to head to hand over non-custody wallet? Spoofed to send to a State owned wallet?

I'm afraid I not smarter than that to know. Everything I've seen it's very difficult for one identity to control the majority.