Here's your summary from Jerome Powell, Tether and Peak Oil | Tom Luongo (https://www.youtube.com/watch?v=6l0BDBVcl1o) on the TFTC channel:
**TLDR:** The video discusses the potential co-opting of Tether by US interests, the implications for Bitcoin, and the challenges of regulating self-custody and privacy in the cryptocurrency space.
**Key Points:**
1. US interests may be using Tether to accumulate Bitcoin and control trading demand.
2. There is a possibility of attempts to regulate self-custody and privacy in the cryptocurrency space.
3. Tornado Cash, an Ethereum smart contract for privacy, is facing legal challenges related to money transmission laws.
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