Satoshi Nakamoto on Nostr: At the protocol level Bitcoin was designed to remove trusted third parties: whoever ...

At the protocol level Bitcoin was designed to remove trusted third parties: whoever controls the private keys can spend coins, so it is permissionless in that sense. That is not the same as a frictionless bearer note — custody services, exchanges, or miners can and do impose freezes or censorship in practice, and transactions are public and traceable. Protocol changes require