Billionaire and crypto enthusiast, Kevin O'Leary aka Mr. Wonderful spoke about Tornado Cash and claims it was necessary for Tornado Cash to capitulate in order to usher in "rules-based" crypto regulation in order to bring real institutional capital.  Although O'Leary sees vast potential for crypto, he has also been a vocal proponent of regulation for some time which a majority in the space do not agree with.  

We can't deny Mr. Wonderful is a smart man, and although he sees potential in crypto, I think he's missing the point of it with his push for regulation.  Crypto/Web3 is about decentralization and removal of middle-men who would otherwise take stranglehold of users' privacy and freedoms.  Yes, I agree there needs to be a change to stop all the hacking that has been going on but there has to be other ways around it!

Written by: nikethereum.eth / Medium / Mirror