Peter Van Valkenburgh — Could Monero be Sanctioned like Tornado Cash

TODAY'S 🎙SHOW: Douglas Tuman interviews Peter Van Valkenburgh who works as research director at CoinCenter. Peter is one of the most well spoken and impactful advocates for creating a positive cryptocurrency regulation landscape and makes some of the strongest legal arguments for why the gov banning of true digital cash-like cryptocurrencies would be unconstitutional. The two discuss the history of legal issues around crypto, OFAC and the current state of AML regulations, the implications of the Tornado Cash case for the Monero ecosystem, the nuances of sanctioning decentralized exchanges, mixers and smart contracts, Monero vs. Zcash and Bitcoin from a regulatory point of view, and whether or not free speech laws are applicable for computer code and much more! Please note that in the discussion of zcashes memo field being used to comply with travel rule regulations Doug seemed to suggest this is not possible with Monero. This is not completely accurate. Monero still does have tx_extra feature which could effectively be used as memo field, but the monero community at large agrees tx extra should not be used this way since it would cause chain bloat, could affect transaction distinguishability, and is unnecessary due to the benefits of off-chain solutions. Consensus is building around completely deprecating the tx feature and the point Doug was attempting to make is zcash promotes itself as being regulation friendly whereas all of Monero’s design choices are towards being more “cash-like”. If you enjoyed the show & would like to support us, a donation of any size would be greatly appreciated and would mean so much! XMR Donations Accepted and supporting us is easier than ever, by typing in our: Free Speech Money Yat emojis: 🗽🎤💵 into your monero.com or cake wallet wallet send address field - to send us a tip ;) https://xn--4k8h8qw4a.y.at 🔗Links: Twitter: https://twitter.com/valkenburgh Twitter: https://twitter.com/CoinCenter Website: https://www.coincenter.org/ 🚨SPONSORS: Monero.com wallet by Cake Wallet 🍰, the first open-source Monero wallet for iOS. If you have an iphone or Android 📲, Monero Talk recommends that you use Monero.com by Cake Wallet ;) It has been verified by the Monero community, you control your own keys, it connects directly to the Monero blockchain, and you can even exchange between XMR, BTC, LTC & more in the app! Monero.com by Cake Wallet - ONLY Monero wallet https://monero.com/ IVPN, resist online Surveillance. IVPN is an open source app and website that doesn’t log your activity, store any of your personal data and no email required to create an account! Go to Ivpn.net today and pay for your subscription with Monero! Don't forget to SUBSCRIBE! The more subscribers, the more we can help Monero grow! 🚀 Listen & Reach out to us: 🎧PODCAST: ITUNES: https://apple.co/34W7FVp SPOTIFY: https://spoti.fi/2t1y9b4 STITCHER: https://bit.ly/2tUcIck WEBSITE: https://www.monerotalk.live 📧CONTACT: [email protected] ODYSEE: https://odysee.com/@MoneroTalk:8 XMRTOPIA22 CONFER VIDEOS: https://youtube.com/playlist?list=PLfJ_JjSwYaa-dDCLHpwZaDxmT0RNHIafg Get 🤓😎Social with us: TWITTER: https://twitter.com/monerotalk FACEBOOK: https://www.facebook.com/MoneroTalk/ HOST: https://twitter.com/douglastuman INSTAGRAM: https://www.instagram.com/monerotalk/ TELEGRAM: https://t.me/monerotopia MATRIX: https://matrix.to/#/%23monerotopia%3Amonero.social