4 ms·

Stand with Tornado Cash

2 points by ryankung 4y ago

verdverm 4y ago
Crypto asks for regulatory clarity and then complains when it starts... and then goes further claiming it's an attack on open source. Maybe if blockchain wasn't so fundamentally flawed from the start, you wouldn't need things like tornado?
- josephcsible 4y ago
  > Crypto asks for regulatory clarity and then complains when it starts This take reminds me of https://dilbert.com/strip/1995-03-17 https://dilbert.com/strip/1995-03-17 - sure, lack of regulatory clarity is bad, but when it gets "clarified" in the worst way possible, that's worse.
  - salawat 4y ago
    What do you mean we can't do the thing we couldn't do in your system, so we invented another system to do, that we thought you'd never get around to noticing and regulating? Cryptocurrency in a nutshell.
  - verdverm 4y ago
    It's only the "worst way possible" because crypto expectations do not align with society's. The day of reckoning is nigh
nh23423fefe 4y ago
weaselly omissions and framing treasury says: > “Today, Treasury is sanctioning Tornado Cash, a virtual currency mixer that launders the proceeds of cybercrimes, including those committed against victims in the United States,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals and those who assist them.” https://home.treasury.gov/news/press-releases/jy0916 https://home.treasury.gov/news/press-releases/jy0916 Article only defends with: > Tornado Cash was not designed to protect hackers but to protect all people, just as bulletproof vests were invented to protect all in danger, not specifically robbers. Shitty sophistry.

2 points by ryankung 4y ago

Crypto asks for regulatory clarity and then complains when it starts... and then goes further claiming it's an attack on open source. Maybe if blockchain wasn't so fundamentally flawed from the start, you wouldn't need things like tornado?

josephcsible 4y ago
> Crypto asks for regulatory clarity and then complains when it starts This take reminds me of https://dilbert.com/strip/1995-03-17 https://dilbert.com/strip/1995-03-17 - sure, lack of regulatory clarity is bad, but when it gets "clarified" in the worst way possible, that's worse.
- salawat 4y ago
  What do you mean we can't do the thing we couldn't do in your system, so we invented another system to do, that we thought you'd never get around to noticing and regulating? Cryptocurrency in a nutshell.
- verdverm 4y ago
  It's only the "worst way possible" because crypto expectations do not align with society's. The day of reckoning is nigh

nh23423fefe 4y ago

weaselly omissions and framing treasury says: > “Today, Treasury is sanctioning Tornado Cash, a virtual currency mixer that launders the proceeds of cybercrimes, including those committed against victims in the United States,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks. Treasury will continue to aggressively pursue actions against mixers that launder virtual currency for criminals and those who assist them.” https://home.treasury.gov/news/press-releases/jy0916 https://home.treasury.gov/news/press-releases/jy0916 Article only defends with: > Tornado Cash was not designed to protect hackers but to protect all people, just as bulletproof vests were invented to protect all in danger, not specifically robbers. Shitty sophistry.