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The discussions on this seem to be fixated on the implementation details, when lawmakers tend to focus on results. The desired result is for people to stop lau
by NegativeK 4y ago
The discussions on this seem to be fixated on the implementation details, when lawmakers tend to focus on results.
The desired result is for people to stop laundering money for sanctioned groups. How the Ethereum network does that isn't of particular interest to the law (yet), but "it's not designed to let us stop that!" isn't going to be an excuse.
Somewhat related, I'm not sure how anyone didn't see this coming from a mile away.
- StanislavPetrov 4y ago"We must restrict the freedom of Americans so we can better restrict the freedom of people we say are bad". What's more important, the freedom of Americans or the possibility that North Koreans or other "bad" people on the other side of the world can escape the edicts of the US government? Personally I'm far more concerned with the former than the latter. I'm far from alone in thinking that we should massively downsize the federal government and strip them of most of their powers.
- miracle2k 4y agoWe all want results, but implementation details matter, particularly in law. The suit is merely saying that if law makers want to give OFAC the authority to sanction the Tornado Cash smart contracts, they have yet to do so.