Categories: CryptoNews

Bitcoin Core IRC Chat Shows Signs of Censorship

It is pertinent to keep in mind there is a very fine line between promoting Bitcoin and making it a target for bans in specific country. One user tried to promote a story about Bitcoin in Iran, and was promptly banned by Jeff Garzik from IRC. But was it the right decision?

Bitcoin Does Not Need Unwanted Government Attention

It all began when one user posted a link to Ycombinator, which is a recap of a Bloomberg article on how Iranians started to discover back in 2012. While this news is far from current, there should not be any harm in bringing up this old content, according to most people. But this is where the fickle nature of Bitcoin regulation becomes apparent.

Up until now, there has been no action by the Iranian government as far as Bitcoin and cryptocurrency is concerned. Bringing up this topic has no negative effect, but it could bring unwanted government attention to this concept once again. This is the point various people in the Bitcoin Core IRC channel tried to point out.

Jeff Garzik explained his views as follows:

“If you want bitcoin to survive in the long term, don’t do stupid stuff like this that waves a red flag in front of big governments. I don’t want Bitcoin to be illegal anywhere, but in particular, it is the height of stupidity to encourage bitcoin use in (a) countries under sanction by the US and Europe.”

Related Post

But that is not the only problem, as the Bloomberg article is not exactly representing the facts either. Just because one person – or a select few –  see the benefit of Bitcoin in Iran does not mean consumers and businesses will flock to cryptocurrency all of a sudden. Nor should they, unless they conduct the proper research and use it for the right reason.

However, there is also a point to be made as to whether or not IRC users promoting this type of content should get a ban in the first place. Granted, putting Bitcoin in the crosshairs of government officials may have a negative effect on cryptocurrency adoption in specific countries. But at the same time, topics like these should not be discouraged completely either, as that borders on censorship.

Source: Pastebin

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Ondo Facilitates Big Banks’ Connection to Blockchain in Historic Settlement

A crucial development is taking place at the intersection of legacy finance and blockchain as…

1 hour ago

Morgan Stanley Adds Crypto Trading To E*Trade With Aiming Millions Of Retail Investors

Morgan Stanley is taking a big step into digital assets space with the launch of…

2 hours ago

Brian Armstrong Sets Course for AI-Driven Transformation As Coinbase Cuts 14% of Workforce

Coinbase is about to undergo one of its largest structural reorganisations in some time, with…

12 hours ago

$150M Crypto Ponzi Scheme Crumbles, Forming Global Fraud Network As Investigators Freeze $41.5M

The suspicious DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, now confirmed a Ponzi operation,…

12 hours ago

BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows As Demand Soars Following Ceasefire

Demand from institutions is heating up again, with U.S. spot Bitcoin ETFs logging a tally…

1 day ago

Western Union Launches USDPT Stablecoin on Solana to Transform Global Payments Infrastructure

Western Union expands its participation in the digital asset ecosystem with USDPT, a Solana native…

2 days ago