Thursday, April 18, 2024
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What the Tornado Cash Sanction Means for Privacy Coins

Again, I’m not advocating for anything malicious or bad being done using those tools, but it’s a sign that they can work and that governments are struggling to actually deal with them technologically. Because, ultimately, sanctions are not a technological tool. They’re a legal tool that they can try to use to pressure their populace into not using a specific set of technological tools. Outside of that, I think that it’s a bright future because of all of the advances that we’re seeing in the privacy-preserving cryptocurrency space.

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