How is this even close to true. There are multiple exchanges right now that have locked up people’s money and don’t allow them to access it.
Cryptocurrency is banned in China and is basically inactive there. How did it evade censorship?
To the extent it’s “censorship proof” in some areas right now is because the censoring entities simply don’t give a shit about it.
Governments that have tried to stop it have found it beyond easy to do so. There are no stories of governments that have tried to control crypto and have failed to do so.
For the obvious reason that crypto is much harder for someone living under an authoritarian regime to get into than just holding US dollars.
I can physically buy US dollars from tourists visiting my country. How do I get Bitcoin? And how do I maintain that Bitcoin. Never mind actually using it…I can give someone else USD without them having to have done any work…but to receive crypto for me, that individual needs to have gone through the same illegal process to setup a crypto account that I have. USD requires only 1 side to have gone through a much easier process to acquire it. Whereas crypto requires both sides to go through it. And it also requires protecting a digital key and internet access to certain sites while your internet is being monitored. I can stick USD under my mattress and carry it in my pocket to someone else’s apartment and then they can stick it under their mattress without even the most repressive govt noticing.
The same cannot be said for crypto.