羅斯·烏布利希特 (Ross Ulbricht) 的釋放和對龍捲風現金制裁的解除標誌著加密貨幣社區的關鍵時刻

這不僅僅是像徵性的。這是一個將美國重新塑造為建立貨幣網路安全之地的機會。

The release of Ross Ulbricht and the lifting of sanctions on Tornado Cash mark pivotal moments for the crypto community. It’s more than symbolic. It’s an opportunity to clearly rebrand the U.S. as a safe place to build the internet of money.

Ross Ulbricht 的釋放和對 Tornado Cash 制裁的解除標誌著加密貨幣社群的關鍵時刻。這不僅僅是像徵性的。這是一個將美國重新塑造為建立貨幣網路安全之地的機會。

Ross’ freedom comes after over a decade of imprisonment — a journey defined by relentless advocacy, legal battles, and unwavering support from the crypto community. His release matters deeply to me because over a decade ago I launched Silk Road 2.0, his site’s successor.

羅斯在被監禁十多年後重獲自由——這段旅程由不懈的倡導、法律鬥爭和加密貨幣社區堅定不移的支持所定義。他的發布對我來說意義重大，因為十多年前我推出了絲綢之路 2.0，他的網站的繼任者。

His double life sentence without parole wasn’t just about the Silk Road, though. It symbolized the U.S. government’s resistance to the blockchain industry and to the idea of a financial system controlled by individuals instead of big banks.

不過，他被判處不得假釋的雙重無期徒刑不僅與絲綢之路有關。它像徵著美國政府對區塊鏈產業和由個人而非大銀行控制的金融體系理念的抵制。

The U.S. dollar is the world reserve currency; and, cryptocurrency has given the world democratized access to this reserve via stablecoins. Satoshi Nakamoto announced Bitcoin as a “peer-to-peer electronic cash system,” and the Silk Road was the first to actually execute that vision. Silk Road opened the door to cryptocurrency and introduced Silicon Valley (and many other groups) to bitcoin. It spawned companies like Coinbase, projects like Ethereum, and paved the way for stablecoins, which are not yet private.

美元是世界儲備貨幣；而且，加密貨幣使世界可以透過穩定幣民主化地使用該儲備。中本聰宣布比特幣是一種“點對點電子現金系統”，而絲綢之路是第一個真正實現這一願景的。絲綢之路打開了加密貨幣的大門，並將比特幣引入了矽谷（和許多其他團體）。它催生了像 Coinbase 這樣的公司和以太坊這樣的項目，並為尚未私有化的穩定幣鋪平了道路。

Still, there is no legitimate marketplace for buying and selling things with bitcoin. Our industry’s reputation is that we’re highly speculative and scam-filled. We can’t forget that Satoshi created bitcoin for payments, not speculation.

儘管如此，仍然沒有合法的市場可以用比特幣買賣東西。我們的行業以高度投機和充滿騙局而聞名。我們不能忘記，中本聰創造比特幣是為了支付，而不是投機。

The U.S. cannot miss out on the internet-of-money. During previous administrations, global developers have become nervous to even attend conferences hosted here. This has consequences for the U.S. crypto industry. Ross’ release is a clear signal that the U.S. is no longer a scary place to innovate in cryptocurrency. His experience underscores the need for proportionate justice and serves as a reminder of the human cost of overreach in regulating innovation.

美國不能錯過貨幣互聯網。在前幾屆政府期間，全球開發者甚至對參加在這裡舉辦的會議感到緊張。這對美國加密貨幣產業產生了影響。羅斯的發布是一個明確的信號，表明美國不再是加密貨幣創新的可怕地方。他的經歷強調了適度正義的必要性，並提醒我們過度監管創新會造成人類成本。

His release is an opportunity for reflection — to celebrate his freedom while remaining clear-eyed about the past. Ultimately, his harsh sentence stymied bitcoin innovation for all of us. We must ensure his case becomes a catalyst for constructive change rather than a footnote in a history of missed opportunities, a series of memecoins, or a divisive narrative that further erodes trust.

他的獲釋是一個反思的機會——慶祝他的自由，同時對過去保持清醒的認識。最終，他的嚴厲判決阻礙了我們所有人的比特幣創新。我們必須確保他的案件成為建設性變革的催化劑，而不是錯失機會、一系列迷因幣或進一步削弱信任的分裂敘事歷史的腳註。

Similarly, the case of Tornado Cash founder Roman Storm — who is still in legal jeopardy — clearly shows the dangers of criminalizing innovation. Tornado Cash offers a critical function (a “mixer”) in enabling private Ethereum transactions — an essential component of conducting business competitively.

同樣，Tornado Cash 創始人 Roman Storm 的案件（仍處於法律危險之中）清楚地表明了將創新定為犯罪的危險。 Tornado Cash 提供了實現私人以太坊交易的關鍵功能（「混音器」）——這是開展業務競爭的重要組成部分。

It’s important to create privacy technologies, but we also need to understand the line between legal and illegal use cases. Yes, launch the Silk Road, but don’t allow the sale of drugs on it. Launch Tornado Cash, but don’t encourage money laundering on it. The chilling effect that both cases have had on developers like me cannot be overstated. Privacy innovators in the U.S. and abroad are now second-guessing their work, fearing legal repercussions for creating tools that protect privacy.

創建隱私技術很重要，但我們也需要了解合法和非法用例之間的界限。是的，開通絲綢之路，但不允許在上面銷售毒品。推出 Tornado Cash，但不鼓勵洗錢。這兩個案例對像我這樣的開發人員所產生的寒蟬效應怎麼強調都不為過。美國和國外的隱私創新者現在正在重新審視他們的工作，擔心創建保護隱私的工具會產生法律後果。

And what do you do when you launch something decentralized that takes on a life of its own? The sanctions on Tornado Cash were deemed unlawful by the Fifth Circuit Court, yet the Department of Justice dismissed the ruling as irrelevant. Tornado Cash’s developers were allegedly aware of its misuse for money laundering but did not act decisively to address it. On a decentralized platform, should its initial developers be responsible for users’ activity? There is a clear need for America to define a “Section 230” for developers of decentralized software to not be criminally liable for what their users do on their platforms. (“Section 230” refers to a law freeing social media platforms from responsibility for content published on their networks.)

當你推出具有自己生命力的去中心化產品時，你會做什麼？第五巡迴法院認為對 Tornado Cash 的製裁非法，但司法部認為該裁決無關緊要。據稱，Tornado Cash 的開發商意識到其被濫用於洗錢，但沒有採取果斷行動解決這個問題。在去中心化平台上，其最初的開發者是否應該為使用者的活動負責？美國顯然需要為去中心化軟體的開發者制定“第 230 條”，以免其用戶在其平台上的行為承擔刑事責任。 （「第 230 條」指的是一項法律，該法律免除了社群媒體平台對其網路上發布的內容的責任。）

As entrepreneur-politician Vivek Ramaswamy said, “You can’t go after the developers of code. What you actually need to do is go after individual bad actors who are breaking the laws that already exist.”

正如企業家兼政治家維韋克·拉馬斯瓦米 (Vivek Ramaswamy) 所說：「你不能追隨程式碼開發人員。你真正需要做的是追捕那些違反現有法律的個別不良行為者。

To move forward as an industry, we need to separate the tools from the misuse of those tools. Privacy technologies like Tornado Cash, Monero, and Zcash are unfairly stigmatized due to their potential use for illicit activities. But they hold transformative potential for legitimate use cases, from safeguarding personal financial data to enabling secure business transactions.

為了作為一個行業向前發展，我們需要將這些工具與這些工具的濫用分開。 Tornado Cash、Monero 和 Zcash 等隱私技術因可能用於非法活動而受到不公平的污名。但它們對於合法用例具有變革潛力，從保護個人財務資料到實現安全的商業交易。

Zcash, with its optional shielded transactions, provides individuals and businesses with the ability to conduct secure, private transactions while remaining compliant with anti-money laundering (AML) and know-your-customer (KYC) regulations. Such innovations bridge the gap between cryptocurrency and traditional industries, empowering businesses to adopt crypto without exposing sensitive financial details.

Zcash 具有可選的屏蔽交易，使個人和企業能夠進行安全、私密的交易，同時遵守反洗錢 (AML) 和了解你的客戶 (KYC) 法規。此類創新彌合了加密貨幣與傳統產業之間的差距，使企業能夠在不暴露敏感財務細節的情況下採用加密貨幣。

Privacy tech like Zcash also addresses a fundamental flaw in bitcoin and other public ledger cryptocurrencies: the exposure of transaction data that creates competitive disadvantages and privacy risks. Soon, Zcash will be on Mayachain, allowing a decentralized way to convert between bitcoin and Zcash. It will also soon support ZSAs (

像 Zcash 這樣的隱私技術也解決了比特幣和其他公共帳本加密貨幣的基本缺陷：交易資料的曝光會造成競爭劣勢和隱私風險。很快，Zcash 將出現在 Mayachain 上，允許以去中心化的方式在比特幣和 Zcash 之間進行轉換。它還將很快支持 ZSA（