4 ms·
And physical currency satisfies this analogy-test of causation more fully than Tornado cash. It's almost like the establishment of a national currency had as o
by ballenf 4y ago
And physical currency satisfies this analogy-test of causation more fully than Tornado cash.
It's almost like the establishment of a national currency had as one of its goals fungibility of notes as a priority (over notes from any of hundreds of local banks and trading of IOUs).
- SpicyLemonZest 4y agoDespite its name, Tornado Cash was not a currency. There wasn't such a thing as "4.2 Tornado Cash" that you could trade for goods and services. The operations it supported were depositing money in exchange for a secret and using that secret to withdraw that money in full, and the only intended use case was to disguise the source of your funds.