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Comment by anon191928 | Hacker News Reader

anon191928·

it will never be full available to us unlike bitcoin or ethereum? this is literally like a fast db? like you people here used to say. Finally HN is right and stripe founders joined on calling fast db a "blockchain" with lie.

they will censor you and block you in blockchain level so literally db for few big companies, lol.

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If you want to be censorship resistant, stick to decentralized blockchains (ethereum + bitcoin). There's still value in Tempo vs traditional payment rails - (much) lower fees, faster + 24/7 transactions.

sure there is value but it's just a some db with multiple hosters probably? are we going to be able to do basic things what other blockchains offer? probably no.

The value will be in the utility of the stablecoins. These will be high trust, 1-1 backed, and fully audited. i.e. Much more than just a db with multiple hosts.

That doesnt help much. Since new regulations, it will be basically illegal for companies to touch your blockchain transactions without mapping out the source of funds.

>If you want to be censorship resistant, stick to decentralized blockchains (ethereum + bitcoin)

Both of these are the antithesis to censorship resistance because not only are all transactions publicly tracable but also non-fungible making censorship not only possible but viable on a large scale.

https://cryptodefendersalliance.com/blacklist

Monero is actual censorship resistant currency.

https://www.getmonero.org/resources/moneropedia/fungibility....

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