Rotating doors. Probably he is joining some crypto or CBDC company to make sure the government plans are implemented correctly and that the right backdoors will be built in. I hope I am wrong.

With Paypal and the other payment providers my bank account information has become completely cryptic to me. After a couple of months I have no idea which payment was for which order. Gladly, Paypal still knows what I bought and suggests the next thing to buy for me. Enter inverse privacy :P

These people will leave (or learn!) when NGU ends.

The challenge for these stable coins will be to remain competitive against their underlying collateral. Why not directly hold and use BTC? As soon as people start using these stablecoins they will realize that holding the real thing is actually not more difficult.

A convincing argument against KYC or ID verification is that it creates data that will eventually be hacked and makes everyone a target for targeted scams, social engineering attacks, etc. Nobody wants to be a target and these attacks will increase in the coming years and become more sophisticated.

You can control the character of an LLM. You can also profile the user and provide the fitting counterpart nodel character. Monitor and control...

I see. In the end both aspects are needed. Demand for censorship resistant transactions and private (or privacy preserving) mining.

I agree that the subsidy provides a first runway for hashpower. Therefore, an attacker cannot simply spin up some hashpower themselves for the attack. OK. However, I don't agree that this runway provides censorship resistance. Public pressure might be helpful for now, but I doubt it will be enough long-term. Even with spacially distributed energy availability and mining: What makes you so sure that nation states will not collaborate and push for censorship? (e.g. "sanctions") I am pretty sure they will some day. They will legally bind the miners to their will. Mining companies will comply, or they go out of business. In the end, someone has to pay for the resistance. Either by directly mining the illegal/censored transactions or by paying a fee premium. In any case it's only possible with a sustained demand.

It pays censoring miners exactly the same as it pays non-censoring miners. This, it is censorship neutral. What does provide censorship resistance is a fee premium by the censored transactions. That's the demand referred to.

How does the block subsidy protect against censorship??