I’m new here, just recently learned about Zcash and now I would love to see what the community will say to a very concrete case for Zcash.
Please, let me introduce my initiative, and then I will ask if Zcash would solve our concrete problems.
I’m leading a team of activists working on a progressive crowdfunding platform for direct action and international solidarity. Our goal is to facilitate network-funding, starting out with classical crowdfunding models, with pledged microdonations, aiming to create a crowdfunding model suited to fund political action for progressive politics.
It’s basically Kickstarter for activists - and it’s called firefund.net.
We are using bitcoins. We need the blockchain for us to function properly - for high-risk international money-transfers to political groups fighting institutions who would go to great lengths to freeze, steal or just stop money transfers to particular political groups in their country.
Bitcoin is great for that, but it goes without saying, that anonymity is still a huge problem. A campaign could fund a totally legit political cause, but person A in a certain country might end up on a bad list or might be taken to court, because authorities will be able to prove, that person A transferred money for the ‘terrorists’.
Person A will surely be able to transfer the bitcoins - but not in a way that cannot be proven in a courtroom.
That’ll be my simple question. Is this out of the picture with Zcash?
The more advanced question is, if that has been taken care of, won’t we still have the same basic problem, when person A wishes to spend the money? Person A will need to convert the Zcash into domestic currency - which requires a relatively big market for it in his or her country. If not, if person A needs to buy bitcoin which has a bigger international market, and then buy domestic currency to be able to buy the goods needed, won’t all that anonymity quickly fly out the window?
I’m sorry for bad spelling or if I’m not being clear enough. I’m in a rush, but would love some feedback on this case.
Karl from FIREFUND