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a few days ago the U.S. Treasury dropped OFAC sanctions, which are normally used on people, on the Tornado Cash protocol itself. Now Americans that use Tornado can face 30 years in prison!
The rationale is that North Korean hackers used Tornado, so now the rest of the free world will be criminals if they do the same. What about the internet, should we ban that too since the bad guys use it?
Tornado’s code is free speech and its infra is a public good, open to anyone. In a free society, we shouldn’t cede everyone’s right to basic financial privacy just to counter North Korea. We should go after the enemies of freedom harder in all the other ways that are possible as free peoples. That’s what makes us free and have the high ground in the first place!
I say all this because in a certain sense the attack on Tornado Cash represents an attack on crypto and NFTs altogether. So if ever there was a time to protest for the sake of blockchain privacy, it’s now. In the meantime, thanks for reading everyone, and have a great weekend
a few days ago the U.S. Treasury dropped OFAC sanctions, which are normally used on people, on the Tornado Cash protocol itself. Now Americans that use Tornado can face 30 years in prison!
The rationale is that North Korean hackers used Tornado, so now the rest of the free world will be criminals if they do the same. What about the internet, should we ban that too since the bad guys use it?
Tornado’s code is free speech and its infra is a public good, open to anyone. In a free society, we shouldn’t cede everyone’s right to basic financial privacy just to counter North Korea. We should go after the enemies of freedom harder in all the other ways that are possible as free peoples. That’s what makes us free and have the high ground in the first place!
I say all this because in a certain sense the attack on Tornado Cash represents an attack on crypto and NFTs altogether. So if ever there was a time to protest for the sake of blockchain privacy, it’s now. In the meantime, thanks for reading everyone, and have a great weekend
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