Curious how that type of coercion would be manifest. Logistically the regulators would need an automated mechanism in place to evaluate transactions going into each block. Then respond quick enough to...
Censorship has a direct cost to miners: they forgo the fees the censored party would have paid. This makes non-censoring miners more profitable.
The end result is that censoring miners go out of business… eventually.
The end result is that censoring miners go out of business… eventually.
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