Legal expert Ahmed Ghappour believes that there will still be a push for projects that prioritize privacy and security.
focusing on privacy, others believe that these projects will keep pushing forward and keeping their commitments to anti-censorship and decentralization.
According to Ghappour, there are contradictory concepts in the Web3 space. This is the promise of returning data ownership to the people while having complete transparency regarding blockchain transactions. The lawyer noted that to fulfill these contradictory goals, privacy is the key. “The United States is trying to swat a fly with a sledgehammer. [...] OFAC designation is meant to trigger economic sanctions primarily against countries and groups of individuals, such as terrorists and narcotics traffickers—not ideas, algorithms, or code.”
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