zcash has just hit a 100x return for those who bought at the all-time low ($15). I hope there are few of them😂
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for zcash, privacy is often misunderstood as the end all be all
that certainly serves a clear market segment and is incredibly important
but I posit the more significant part of privacy is its role in enabling a better monetary asset
privacy enables choice, but more importantly it enables the safe haven and fungibility required for a true internet-native SoV
internet-money by default has historical information attached to it which means that one coin may not actually be fungible for another coin (i.e if the Canadian government determines your coins came from those supporting the truckers, they can come after you for years into the future)
i.e the money you receive shouldn't come with the baggage of those who held it before you
cash does not have this problem and is devoid of all information which enables true fungibility and higher liquidity in the limit, and so too must internet-native money have this property
even with gold and other offshore holdings, there's a reason people (used to) put them in Switzerland to take advantage of bank secrecy
but with Zcash, we now scale this to the entire planet. that's the point of tech: scale
now, all you need is an internet connection and a cryptographic keypair to get all these benefits that were only available to a select few
so, even if you're someone who doesn't need the privacy aspect of zcash, it's still foundational for enabling a better monetary asset along with quantum proofing and performance upgrades
trillions
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the market forced cupsey to be the pumpfun pill, but now you have the real pill paired with pump.
take the solana:DvdmEnztCmXwBnAbedD48XVGZJSxq31zNvnyftXdpump 💊
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