This week the U.S. government shook the entire crypto world to its core. Tornado Cash (Ethereum Privacy Mixer) is now illegal for Americans to use. Uniswap, Aave, Bancor, etc are now blacklisting addresses. IN THIS VIDEO I BREAKDOWN & EXPLAIN EVERYTHING.
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Timestamps:
0:00 – Introduction (Watch the WHOLE Video)
0:38 – Malicious actors WEAPONIZING Tornado Cash! Users blocked from Aave, Uniswap, etc.
2:42 – Crackdown on Tornado Cash is Just Round 1
3:23 – Back-End vs Front-End Censorship EXPLAINED!
5:22 – Damage has already been done!
6:30 – Do Kwon (Terra) walks free yet TC dev arrested for open-source code?
7:10 – Monero Just Became MORE Private w/ New Upgrade (5 reasons Monero is BETTER)!
8:45 – Ethereum (After Merge) will scale w these zkEVM Rollups solutions!
9:55 – Final Thoughts
**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.
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Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT
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US government should subscribe to your channel
Eth gonna dump so hard so many got sucked in at the top this time
I have nothing to worry about, I have long identified my favorite coin. The CRP (Utopia ecosystem) is independent and the market crash does not affect it.
i hope that the " land of the free" will not be copied in Europe. I am bit afraid that – as in history- the US willl push thtough to other countries.
Fuck em
Until that happens I will buy sats with usdt. They may not understand how to do it.
Monero recently appeared in my bitfinex portfolio.
And this is why Satoshi wanted to remain anonymous. He created something that would anger the machinery of powerful states.
To store funds, it is better to use CRP from the Utopia ecosystem. Transfers are fast, commissions are minimal.
zkEVM looks like one of those scams that bots pitch you in the comments section of youtube videos.
The beauty of the blockchain is that you can see the ledger. I don’t like addresses being blocked. You say there needs to be some regulations. Well this could be one.
us gov is bunch of crooks
There's about 5 more about to pop up…
How can uniswap block accounts related to torando cash when in theory it is a decentralised exchange?
I don't Hodl any of the privacy coins but I do like them
feels like US should arrest all the gun developers instead of all the gun users ?
Welcome to the real world of open blockchains. If it weren't the government, it could be private institutions. KYC can be combined to most wallets to various degrees, especially if you buy chain analysis information. With this information, governments and activist groups can cancel/fire/discriminate/jain you because you interacted with someone they hate, even if you didn't know the individual or group and even if it was done years ago because the block chain is open. Tornado Cash is just a patch over a problem created by open block chains. Any use of mixers makes you suspicious because you're trying to hide something that shouldn't be open in the first place. If you give me cash, I don't have to "mix it" to keep privacy in my transactions. If I send you a bank-to-bank payment, I don't have to "mix it" to keep it private…governments need a warrant to get that information and activist groups can't get at it so it is mostly private.
If you are afraid of regulation, you can get altcoins close to the US that do business there. There are options such as Near, FLOW. They will not be affected by the regulations.
Run the new front-ends on flux then you can't censor or shut it down
You seemed surprised by all this. Everyone needs to KYC and the gov will regulate everything. Business as usual
The war has begun
"decentralized"
ACD needs to acknowledge the evil of the US gubmint
People need to research black rock and Klaus Schwab before getting too excited about anything they're involved with
very grateful to Raphael platform I just received my profit successfully without stress I also want to appreciate whosoever that introduced me from the beginning till now I'm benefiting alot so I really appreciate you God bless you
Just open a new wallet
Vote out Dems and vote out corruption and control.
This is our corrupt government in the US doing its normal harm to innocent people
Cartesi also does rollups
$DERO fixes this
*MY REAL MVP GOES TO The name above HE IS JUST LIKE A. MAGICIAN APPRECIATE EVERYTHING HE DID*❤️❤️
*MY REAL MVP GOES TO The name above HE IS JUST LIKE A. MAGICIAN APPRECIATE EVERYTHING HE DID*❤️❤️
This will make Velas the blockchain of choice… WooHoo!
Sounds like Obama,Biden Globalist. CRAP 💩
Get the he'll out of Dodge!
when you see black rock going in, know that this industry has come to an end
the government will never be able to defeat the utopia ecosystem!
Unfi
It’s funny how any didn’t see this coming why is anyone surprised?
It’s good. It will make more people finally rise up against the US government and will also encourage more to give up their US citizenship and leave.
Why anyone would want to live in the land of the slaves is beyond me!?