i don't talk about it much, but i'm pretty stoked about @Zcash.
been running a full node + indexer stack + more for a bit now, and i have to say, it feels good building privacy-centric tooling after so long.
and yes of course i built a web based OS around it π
MSTR is the vehicle through which Bitcoin could be exited to the sleepwalking capital of institutional laggards with a half-understanding of what Bitcoin actually is. Saylor is a soon-to-be two-time fall guy, a professional useful idiot. The current valuation is based mostly on a cult con game that unlocked access to these passive flows. A decade long innovation freeze has killed any chance of Bitcoin ever acquiring the fee revenue it needs to stay afloat further along the emission curve. All it has is social pressure, a snowball of adoption that nearly rolled all the way into the welfare of government reserve purchases. Now that it has lost its momentum it needs to find some grounding in reality, but taking its number one spot for granted for so long has left it without a plan B.
@followjason@zooko I look forward to seeing more apps built on ZCash that aren't just used purely for maximizing profits. IMO, the tech needs to live under the hood of applications that provide day to day services beyond storage and expenditure of money.
@crucifore It's about quality for 10% of the buyers. The act of pitching to the other 90% is the part we're all frustrated with, because it feels like selling out.
Capitalism.
gonna get on a plane go to South East Asia for a bit. Looking forward to not hearing about how it's all over for the next couple days.
See y'all next week when we're so back (Zunday zec pump as usual maybe lol)