I'm not, like, against the idea of sanctioning North Korean hacking groups. But the regulators here aren't really prepared for the crypto endgame.
I could clone Tornado.Cash's contract code in half an hour; would my new deployment also be sanctioned?
What about if Ethereum migrated to some kind of ZK-EVM and _all_ of the transactions are suddenly private and untraceable? Other chains already have some of these properties.
I dunno. I don't think I particularly want to live in a world where it's essentially impossible to regulate money. But I don't really see how to avoid it anymore.
I could clone Tornado.Cash's contract code in half an hour; would my new deployment also be sanctioned?
What about if Ethereum migrated to some kind of ZK-EVM and _all_ of the transactions are suddenly private and untraceable? Other chains already have some of these properties.
I dunno. I don't think I particularly want to live in a world where it's essentially impossible to regulate money. But I don't really see how to avoid it anymore.