When are we going to start taking this seriously?
The largest assets are not liquid, and laundering requires an even larger sum of loosely monitored funds to mix with.
What do you mean by this? I haven't been following this space for a long time and searching only brings up NFT stuff.
Btw, calling Tornado Cash a "DPRK tool" is disingenuous. It's a privacy tool.
fwiw, the person you're responding to doesn't seem to be using the word in this manner.
There are no shades of fungibility, it's a binary state.
Until then, Gresham's Law is at work, and cheaper products and services that are of barely acceptable quality along their happy paths are going to dominate markets.
A large part of the problem is political cronyism and the incredibly tedious culture that develops when you get a lot of people with very few skills together to talk about something they know nothing about.
I'd legitimately take less money if I could somehow be convinced an employer isn't a piece of shit. If I'm going to work for an asshole, I will be well paid. I think this is a reasonable stance most people in the space take. That, or retiring and having a communal garden.
> for businesses with small profit margins.
…
> It's hard because your security department
Dude, we barely have money for an engineering team, let alone enough people to call it a department.
The security department is me when I’m not being inundated with five other things, all at the same time.
It’s not like anyone else has a department either, there’s like, 12 people working here in total man.
^ parent, probably.
I know it was true for me in “cash strapped” environment