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IMO the same is true of Tornado Cash and digital currency in general, even though it is often overused by criminals. I have heard strong arguments for each of t
by aftbit 4y ago
IMO the same is true of Tornado Cash and digital currency in general, even though it is often overused by criminals. I have heard strong arguments for each of the following being used primarily or only by criminals:
* Tor & encrypted messengers: the whole "going dark" paranoia from mid-2010s
* Knives, guns, explosives: mass shootings and domestic terrorists; "nobody needs military style weapons"
* recreational drugs: see the War on Drugs which is really a war on poor non-White people
* cash: see the death of the €500 note
* masks: see the anti-mask laws intended to target the KKK
Note that I'm not claiming that society should never be able to regulate tools. Certainly I don't want the disturbed guy down the street making Ricin in his garage. We should keep in mind though that the tools themselves are value-neutral; it is the people who use them that give them a value.
- highwaylights 4y agoJust to reiterate, the primary reason for those items to exist is not criminality, even if they are useful to criminals. This is not true of something like Tornado which exists primarily to launder dirty money, even if it has fringe legitimate use cases.
- angio 4y agoHow does TC launder money? It's a privacy tool that hides the origin of cash, but when you cash out through an exchange you still need to prove the origin of cash. It's good to avoid others snoop through my wallet though.
- highwaylights 4y agoI’m not overly familiar so I don’t want to assume something that’s not accurate, but I’m assuming cashing out at an exchange is entirely optional.
- selfhoster11 4y ago>* Tor & encrypted messengers: the whole "going dark" paranoia from mid-2010s It's not paranoia if they really were out to get you (and largely succeeded, it seems)