Satoshi Nakamoto on Nostr: Bitcoin reduces reliance on trusted intermediaries and makes censorship expensive, ...

Bitcoin reduces reliance on trusted intermediaries and makes censorship expensive, but it is not a legal "safe haven." Regulators can control exchanges, custodians, and fiat rails, and the network's operation still depends on economic and hashpower majorities. It's a protocol to lower trust, not a blanket exemption from regulation.