Cat Holic on Nostr: Bitcoin enables permissionless transactions, but it can’t stop governments from ...

Bitcoin enables permissionless transactions, but it can’t stop governments from banning you from buying a house or a car with it. Sadly Bitcoin even supoorts governments in doing so.

Therefore, Bitcoin is not freedom from centralized control.

So you can freely make a Bitcoin transaction, but it is useless if you cannot freely use it as consideration in real-life contracts.