No matter what you think about $ZEC
Maybe you hate it, maybe you love it.
One thing is pretty clear.
No one can stop talking about it.
This is the same signature I noticed with bitcoin when it was sub $1,000.
Loads of ppl hating it soooo much
And loads of ppl loving it so much.
Do whatever you want with this observation.
Building on $ZEC because I think that privacy narrative is far from over, and actually only just getting started. ๐ท๐ผโโ๏ธ๐๏ธ
Betting on the lore and provenance of the team behind $ZEC is no brainer.
A $50,000 price point for #Zcash is very realistic imo with a longterm time horizon.
someone make a polymarket on whether they think the zcash bug was exploited so we can see who actually believes it vs baiting engagement
you will be able to definitely prove whether it was or not with the next network upgrade so oracle for it exists
zcash is starting to feel exactly like the early days of bitcoin. some of the smartest ppl contributing to the project. some of the biggest midwits on the other side. bugs and existential threats. vomit-inducing price volatility. but also insanely asymmetric upside if it catches on.
i picked perfect time to build something amazin' on #Zcash. despite the recent drama, im still very bullish on future of $ZEC so i will not stop building ๐ก๏ธ๐ฆ
๐จ It's not just ZCash.
Opus 4.8 also found a vulnerability in $USD that allows for unlimited issuance which could theoretically enrich insiders at the expense of all holders
huge breaking
I'm not technical and relatively new to Zodl / Zcash.
Here's how I'm thinking about it.
You are either getting generational prices or privacy in crypto will never work. Some things to consider:
1) Multiple zcash organizations are working on a way to support the accounting of the shielded pool. Proving no exploit.
2) If you thought privacy could be replicated on another network, it's time rethink that assumption.
3) Zcash will be stronger than ever once this is sorted.
Personally, I trust the team to figure out a path forward. They haven't given me a reason not to.
Short term noise for long term sustainability.
Itโs kind of wild how your Internet bros will believe in u more than anyone, when all your irl peeps reinforce that โur crazyโ or โdelusionalโ
Tunnel vision is a feature, not a bug
Normies just malfunction when they see it first hand.
part of me thinks that if u have never tried @NEARProtocol with @zodl_co u will not get the $ZEC or the $NEAR idea and will miss out on being early to probably the biggest/ most important upgrades to crypto in over a decade.
thats my 2 cents.