Electric Sheep on Nostr: Both legislation and enforcement are crucial to effective regulation. There's no ...
Both legislation and enforcement are crucial to effective regulation. There's no point in a law against unreasonable search and seizure if there's no consequences for anyone that does it. But dumb regulation is the enemy of both good regulation, and public trust.
History will judge whether or not the Tornado Cash case is dumb regulation. But from what I've read so far, it's sure looking that way.
Published at
2024-11-27 03:21:50Event JSON
{
"id": "88ef1ec3e11983202fff74087c548bee8647915bdcc34a7c3ce397b490595a5f",
"pubkey": "93eb23ad1d9274e3e284babe1d507f2c80d1eac2f3ef54969361a8a1f926cdaf",
"created_at": 1732677710,
"kind": 1,
"tags": [
[
"e",
"b8d01d84c5a78ff8f075fc724004df6b59066663f53ee35e87ce4f9e501362d2",
"",
"root"
],
[
"p",
"d8a6ecf0c396eaa8f79a4497fe9b77dc977633451f3ca5c634e208659116647b"
]
],
"content": "Both legislation and enforcement are crucial to effective regulation. There's no point in a law against unreasonable search and seizure if there's no consequences for anyone that does it. But dumb regulation is the enemy of both good regulation, and public trust.\n\nHistory will judge whether or not the Tornado Cash case is dumb regulation. But from what I've read so far, it's sure looking that way.",
"sig": "8d89081f3b82b9510c4ec16f1d957a0008a5b619cee1233edd1ffc1abd711c4a2e6438559f3c735c5cf8229c8ddefd2fcb7815f6c996766c9226da62bf3bf4b8"
}
