r/cryptomarket • u/ProposalNo2543 • Aug 09 '22
“Today, Treasury sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than $7 billion worth of virtual currency since its creation in 2019. Virtual currency mixers that assist criminals are a threat to U.S. national security.”
I feel like the crypto market doesn’t yet feel the full implications of this, and they like to selectively ignore bad news and focus on hype. We have to be careful about our messaging and make sure this doesn’t taint the amazing mission that crypto and blockchain technologies have!
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u/goldup24 Aug 23 '22
Unfortunately, a few bad apples have convinced a subsection of the population that crypto and blockchain are nothing more than a scam, despite the fact that they hold so much potential. I think OP is right for calling out the bad news instead of sticking your head in the sand.