19/ I believe ETH and it’s gas mechanics is more of a commodity than “active usage as money”. I also believe that smart contracting functionality will get commoditized. In an of itself it is not enough of a moat to force itself to be the ultimate SoV.
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etc is capped too
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To me, mathematically guaranteed privacy is more important than dApps.
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i don't think there's a mathematical proof that the trusted setup backdoor has not been exploited, and low hash rate means double doing vulnerability
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Hashrate going up fast now that ASICs are involved. Trusted Setup dangers are overexaggerated. They have 30+ participants now, and as long as 1 is honest there is no problem. They all have to collude for there to be a problem, which is absurd.
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Finally, if/when they move to STARKS, there is no trusted setup involved.
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sure, in the future zec may be good money, but to recommend it at this stage as sound money over etc makes no sense to me
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Later it might not be as cheap anymore. This inflationary, pre-Overwinter, pre-Zcon0, pre-Sapling, pre-mandatory privacy, pre-great UX, pre-Wallets with Z-txs, pre-STARKs even, might be a good time to invest in some.
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I thought we were talking about sound money properties not investment opportunities... US based company centralising the decision making and development of a form of sound money? there are plenty better options
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