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Feb 04
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AVOID
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Azeem Khan
Co-founder of Miden
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Khan references the "unfair trial" of Tornado Cash developers but admits that in the current political climate, "privacy is evil" and associated with North Korea/money laundering by regulators. The "taint" mechanism (where interacting with these contracts flags wallets permanently) makes these protocols radioactive for any serious capital or institutional participant. Even if the tech works, the regulatory "social consensus" renders them unusable for the broader economy. These assets face existential regulatory risk and zero path to institutional liquidity. Ideally, a court ruling could reverse sanctions, legitimizing code as free speech (low probability in near term). |
The Block
Is crypto still cypherpunk? With Miden co-fou...
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