5 years into the game of crypto. Did well for myself but learned some lessons the hard way…starting a fresh account to cleanse the feed and gain a new perspective.
Looking for some good follows, so if this tweet finds you drop your favorite. Excited to see where this goes
Blockchain wars going to get spicy the next couple years.
A few new interesting participants, a few OGs going to be at max strength, the future of the new internet on the line.
Privacy is the precondition for many of our freedoms. It’s the point at which government and corporate reach end and our individual freedoms and self-sovereignty begin. As our lives have moved online, privacy’s become a rare, vanishing commodity.
That’s why we founded Cypherpunk (@cypherpunktech) — a company dedicated to privacy and self-sovereignty. We will execute on our mission by accumulating, building, and supporting privacy-protecting assets and technologies at a time when the world needs them more than ever.
To that end, Cypherpunk — Ticker: $LPTX (today), $CYPH (tomorrow) — was launched with a $50 million+ investment from @winklevosscap to begin accumulating Zcash ($ZEC) at what we believe to be a significant discount to Zcash’s true long-term value. Cypherpunk currently holds 203,775 ZEC purchased at an average price of ~$245 per coin, representing ~1.25% of the current ZEC supply. We plan to continue accumulating ZEC rapidly so that Cypherpunk owns at least 5% of the total ZEC supply.
Since Zcash’s launch 9 years ago, we’ve observed its highly symbiotic relationship with bitcoin. Zcash is a fork of Bitcoin and shares identical tokenomics — both have a fixed total supply of 21 million coins. If bitcoin is digital gold, Zcash is encrypted bitcoin, or digital cash. One is your store of value, the other is how you privately move your value. We’ve been tracking this symbiosis for years and believe that now — as we enter the age of AI — is the right time to begin accumulating ZEC.
We feel strongly that Zcash could become a meaningful percentage of Bitcoin’s market capitalization — just on the merits of it being a privacy hedge or insurance policy to Bitcoin’s transparency alone. We believe bitcoin will continue to ascend to $1,000,000 per coin over the next 5-10 years. We also believe Zcash will appreciate significantly from here as well. These coins go hand in hand.
Over the next few weeks, we’ll continue to lay out our thesis. In the meantime, we’re excited to have you join us as we stack zats and invest in other technologies that promote privacy and self-sovereignty. Let us proceed together apace.
Onward.
Interested in so much, Base has so much potential. But Zcash has a hold on me here. What started as a fun win on a recommendation from a friend, has turned into an understanding that this could be the next step the space is taking
$ZEC
Part of rebuilding my portfolio/feed meant moving on from Cardano.
It’s just not going to work out like those who have been there forever, myself including, have dreamed. It’s held strong for a long time, but you can see it beginning to fade and lose market share. There’s too many good new things being built for it to not be the case.
There are some incredible projects there, like every blockchain there are great builders, and there will be some cool things we see from the ecosystem. But the opportunities elsewhere are just better and more plentiful, and it’s been refreshing to take a step out into the wilderness.