Peter Van Valkenburgh: Coin Center – The Sanction on Tornado Cash
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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Is There an Acceptable Level of Misuse of a System?
Peter Soh: I think there's something really pernicious at work here that's much deeper. The problem with these networks right now is the default is no privacy. And so who gets the benefit of ananimity on these networks? It's people who have a lot of money, and therefore start to realize the value of privacy. But query why the rich person then gets privacy, but the small, the small user with only a few eth or fractions of an eith don't get it. Ah, they're going to use this technology to protect their property rights," he says. "They might be totally legitimate people who have not committed any crimes"
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