What the Tornado Cash Sanction Means for Privacy Coins

Again, I’m not advocating for anything malicious or bad being done using those tools, but it’s a sign that they can work and that governments are struggling to actually deal with them technologically. Because, ultimately, sanctions are not a technological tool. They’re a legal tool that they can try to use to pressure their populace into not using a specific set of technological tools. Outside of that, I think that it’s a bright future because of all of the advances that we’re seeing in the privacy-preserving cryptocurrency space.

Source: https://www.coindesk.com/layer2/2022/08/09/what-the-tornado-cash-sanction-means-for-privacy-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines