102 - Why Sanctions Against Tornado Cash Are Counter-Productive

<p><span style="font-weight: 400;">The Tornado Cash sanctions are unusual, unclear, and in my opinion, a perfect example of how modern politicians weaponize financial services and technical infrastructure. Tune in for this week’s episode, where I share my thoughts on why sanctions against Tornado Cash are counter-productive.</span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:39] An overview of today’s topic and the inspiration behind it.</span></p> <p><span style="font-weight: 400;">[01:51] Thoughts that I had about Mikhail Gorbachev during my teenage years and what I respect most about him now. </span></p> <p><span style="font-weight: 400;">[04:41] What I believe to be the best use of political power. </span></p> <p><span style="font-weight: 400;">[06:26] An explanation of how Tornado Cash works. </span></p> <p><span style="font-weight: 400;">[08:24] Impacts of the sanctions imposed against Tornado Cash. </span></p> <p><span style="font-weight: 400;">[09:29] The unusual nature of the sanctions against Tornado Cash. </span></p> <p><span style="font-weight: 400;">[12:08] Lack of clarity around what happens when a Smart Contract is sanctioned.</span></p> <p><span style="font-weight: 400;">[14:48] Why I disagree with the decision to impose sanctions against Tornado Cash.</span></p> <p> </p> <p><strong>Show links:</strong></p> <ul