"The core flaw with Bitcoin, the largest likelihood for why Bitcoin would fail in the long term, is because it's not private." - Edward Snowden the solution to Bitcoin's privacy problem is Zcash

@Snowden Being a company with a CEO is the core flaw

How do you audit total supply especially given that supply bug you had? Also development is centralized AF, Wilcox blocks anything that he thinks will bring heat down on him. Which is understandable but is not decentralized. And the legacy of the founders reward is not good and led to the centralization of development. Lastly as much as I respect the spirit of zcash it has no meaningful network effects and it's success would bring into question how long until the next zcash emerges to take it's place (bye bye digital scarcity).

Edward Snowden's critique of Bitcoin's public ledger remains spot-on, and his role in Zcash's 2016 launch underscores the need for privacy in crypto. Zcash's zk-SNARKs offer a solution that balances transparency with user protection, aligning with Snowden's vision for financial freedom. Despite debates, Zcash's optional shielded transactions provide compliance and privacy, crucial for crypto's evolution. Privacy isn't just a feature—it's a right, and Zcash advances that principle. Let's focus on the bigger picture: building a crypto future where transactions are as private as they are secure. #PrivacyMatters #Zcash #CryptoEvolution

@Snowden The solution to privacy is MWEB and Litecoin

@Snowden Check out Chaumian ecash. There are two main implementations. Even more private!

@Snowden Snowden has not tweeted about zcash since 2019.

@Snowden ZCash is hash trash

@Snowden The better functioning Litecoin is private though 😈

@Snowden Litecoin MWEB Zcash wallet rugged me 😶

@Snowden Oh, fuck off.

@Snowden The other flaw not mentioned is that the network can handle a whopping “7 transactions per second” read that again … “7 transactions per second”.

@Snowden Just got the Zashi wallet. Excited to try paying for lunch at Chipotle from my shielded address tomorrow.

@Snowden There was bitcoin private, which was a huge flop

@Snowden Everything wants to be the solution to bitcoin. None have succeeded.

@Snowden wow @snowden bullish on $Zcash

@Snowden privacy matters more than hype

@Snowden

@Snowden Bitcoin CAN be private

@Snowden There is a reason that Zcash will fail in the long term as well. Mathematically strong but it is not invariant to time and space so when humanity starts galactic travel, we will not be able to bridge both time and space. For that we will need a truly quantum store of value.

@Snowden 囤比特币，是幸福的来源。你会感到无比激动，因为你明白它的原理。如果不明白，你今天看到Zcash在吹牛，可能会很焦虑。以前没明白的时候，我被许多项目给骗过，这些骗子项目，再也骗不了我了。

@Snowden @CryptoWizardd 😉

@Snowden Privacy scales

@Snowden @grok when did did happen ? ( date wise)

@Snowden The answer is @ZeraLabs

@Snowden Scam coin

@Snowden Zcash party growing

@Snowden AI BS

@Snowden Does zcash have a public blockchain? If so there’s nothing private about it

@Snowden Ala $ARRR

@Snowden Privacy as a bitcoin layer is a good solution imho.

@Snowden

@Snowden

@Snowden @ConfidentialLyr is making BTC and other crypto private already

@Snowden zcash is like saying diet coke will save you from diabetes... cute idea but still gonna rot your insides