Tornado Cash and Privacy on the Internet
The U.S. has sanctioned a piece of open source code called Tornado Cash, which allows people to transact privately online. Like any tool, it can be used for good or bad. In breaking news, the developer was just arrested for creating Tornado Cash. I share my thoughts about privacy on the internet and the recent events.
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DISCLAIMER: Everything Alec Torelli says on the CrypTorelli YouTube, his trades, strategies, and news coverage are based on his opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the cryptocurrencies and public and private markets, and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence. You and you alone are responsible for all of the financial risks you take.
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