submitted by /u/francis105d1 [link] [comments] |
source https://www.reddit.com/r/btc/comments/nfos1s/how_to_convince_people_to_accept_bitcoin_cash_as/
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It seems that Venmo is censoring payments sent to the Palestinian religion fund. (I don't want to turn this into a pro Palestine vs pro Israel, so please refrain.) The point here is that nobody can censor bitcoin. THAT'S why we bitcoin, so nobody can censor your transactions.
If I want to send money to Palestine, no shitty Venmo to stay in my way. If I want to send money to Venezuela, no fucking regulations in my way. Same for Iran or Cuba. Or China. Or some tiny village in Africa. My money, my choice.
And this cannot happen without decentralization.
Edit: Have a look at this post and all the people who are openly (and happily) discussing how Venmo is just following the law.
Q: As someone whom believes deeply in technology, do you believe in Bitcoin?
"Very much so. It's a way to wrest some control from big tech and government bureaucracies. It can restore some balance by giving power to "plain folks." Cryptocurriences are a bit of the wild west now, so I understand it can look dangerous and confusing, but I'm convinced they are only going to become more important and powerful and in a way that is positive for individual freedom and society."