I have been working through an approach and mechanism to support Zcash adoption with @zcashco. What does adoption mean and how do we get there? Here’s the plan.
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I don't agree. BTC as a hedge for hyperinflated local currencies requires anonymity that BTC doesn't currently provide. As the does the need to move and store large amounts of money.
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Let's imagine a situation. I am a Russian billionaire industrialist in Siberia. I have decided to allocate a certain chunk of cash to a portfolio of crypto. Current Y2050 mcap size of ZEC vs. BTC is 2%. Why should I allocate more than 2% of the amount I allocate to BTC, to ZEC?
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I’m not great with hypotheticals and % would be based on an investment thesis...if it were me, I’d want to know that my money is highly secure and not visible or traceable by bad actors. The other factors you outlined matter. But good enough isn’t good enough.
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7/ Therefore, to carve out a monetary niche, ZEC needs to be competitive against BTC as a SoV, first and foremost. Can it be? The very existence of BTC makes your job very difficult. (no malice or snark intended - genuine views & opinions)
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8/ This is the progression the way I see it.pic.twitter.com/byLRdY4Z04
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