Topics covered in this episode:

0:55 What is Tornado Cash (briefly).

2:00 The U.S. Treasury sanctions Tornado Cash.

https://home.treasury.gov/news/press-releases/jy0916

4:35 How Tornado Cash works, from the bottom up.

15:19 Why smart contracts are really a “service”.

19:27 Broader consequences of this decision.

28:00 How I’d like to see regulation in this space evolve.

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