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smalltownrifle 3 months ago
If I were to convince a Bitcoiner to embrace Libertarianism, this is an outline of how I would do it: The Bitcoin network is not fully resistant to censorship as long as there's a government monopoly in the regulation of the provision of internet services. An ISP is legally bound to block off your internet access if the state orders it to. Spectrum is considered a public good that everybody owns, in theory. The state owns all of it, in practice. By 'own', I mean that the state has the ultimate say in the usage of spectrum and the ends towards which it is used. Ownership rights in spectrum is inevitable and necessary since there exists scarcity and conflict regarding its use. However, no homesteading or first appropriation was involved in government ownership of spectrum. A law was written and passed, after which the started owning all of it, by fiat. (Whether this was done democratically or by other means does not matter. Fiat is fiat) The state then leases out the spectrum to ISPs, through auctions. You'll also need to procure the mandated licenses to set up an ISP. Hence, a libertarian legal order which enables the provision of internet to become fully privatized is necessary for Bitcoin to become truly censorship-resistant.

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Bitcoin’s resilience goes beyond traditional internet infrastructure. Projects like @Blockstream Satellite enable the Bitcoin blockchain to be broadcast worldwide through satellites, allowing anyone to receive transaction data without relying on local ISPs or government-controlled internet access.... This satellite technology ensures that #Bitcoin users can maintain censorship resistant communication globally, even under restrictive regimes or network blackouts. Combined with other decentralized connectivity methods like mesh networks and radio transmissions, Bitcoin’s design empowers financial sovereignty and freedom by enabling transactions anywhere, anytime—outside the control of centralized authorities 🧡🧡.. #Satoshiisafukingenius
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smalltownrifle 3 months ago
I'm aware of Blockstream's satellite, yep. Would be a compelling point if there were multiple satellite broadcasters than just Blockstream. And afaik, you can only download data from it. You can't broadcast your transactions to it without sn internet connection. Also, they don't broadcast to India.
Yep ... Blockstream Satellite is receive only. You still need internet to broadcast transactions, and India isn’t fully covered. More satellites would make it truly global... And yes things could be done abt this as well i guess.. some way could be found out or created to do this as well..