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What's the practical difference between the kind of privacy Tornado Cash provides and the kind of privacy offered by a local money laundering operation? If ther
by AlexandrB 4y ago
What's the practical difference between the kind of privacy Tornado Cash provides and the kind of privacy offered by a local money laundering operation? If there is none, why should the latter be illegal while the former remains legal?
- whatisweb3 4y agoOne exists to facilitate privacy, the other exists to facilitate money laundering. Compare with E2EE Matrix protocol: it does not exist to facilitate criminal communication, but it does facilitate criminal communication. TC is also different because it is an open source protocol, not a legal entity or group. You deposit funds into the protocol, and anybody in the network can help you withdraw them by relaying your transaction. It is a set of rules that any group of people can follow to allow for private transactions, and the same protocol can run on many blockchains.
- jobs_throwaway 4y agoWriting is used by criminals. Should writing be made illegal?