US Government to WRECK the Crypto Market [I’M WORRIED]!? + Monero & Ethereum UPDATE!

 

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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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US Government to WRECK the Crypto Market [I’M WORRIED]!? + Monero & Ethereum UPDATE!

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Created by Sara Bauer and Richard Abermann

37 comments

  1. TRMLabs have their code in all these ‘decentralised’ apps like AAVE. Their code is what detects addresses in the front end app. TRMLabs is backed by a bunch of centralised corporations btw 😉

  2. This is a basic 4th Amendment (illegal search and seizure) issue. The government isn’t suppose to infringe on our rights including our property.

  3. A lot people got excited with black-rock they don’t know that block-rock is the fed tornado cash .

  4. Luna* could have been somthing. Dow Kwon, was fairly arrogant and not the brightest bulb. Definitely a rube!

    he stole dignity from himself and crypto in general. He stole value from us all.

    * – Void where prohibited. Your mileage and your crypto will vary. Some crypto will go to zero – or approach it very fast. I think my 200 Luna is worth about $0.000 000 017 USD! w00t!

  5. Thank you for posting these videos daily!

    This is definitely an event that needs to be monitored closely regarding what and how other DeFi Tokens are going to respond in general, respond to these malicious attacks, and how the people are going to respond to those decisions 👀

    I also agree this is just the beginning.

  6. I put a little Eth/bnb through tornado when I thought there was going to be an airdrop. No idea how to tell if they put alll my main accounts on a list lol

  7. Crypto should focus on transaction efficiency, stop putting enphasis on anonimity or the governments will shut down everything due to money laundering non compliance.

  8. I have seen the best interest rates only at staking sites with Cross Staking technology, Cross Staking for example

  9. I put a little Eth/bnb through tornado when I thought there was going to be an airdrop. No idea how to tell if they put alll my main accounts on a list lol

  10. @Altcoin Daily Joe Bidens still got a nokia 3210. Wouldn’t know how to use a smartphone.

  11. 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.

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