I specifically bought Zcash after I knew THV would exist - because of THV.
#1 - The ecosystem would push itself forward if funding was accountable to coin holders instead of insiders.
#2 - The moral robustness to bitcoiner OGs is 1,000X easier with THV than committee / insider forum badges.
Insiders in the community forums are rarely the effective people on X (IE Naval, Mert - but they are why Bitcoiners now care about Zcash)
I’m not a whale, but I’m thrilled they care enough to vote. It is more skin in the game than forum badges. This old obscure governance to mask everything going to insiders needs to go.
We can 10X from here and take on Bitcoiners but it requires THV. Having it for ZCG would be the single most bullish thing that could happen right now.
Once we make it easy, people who have less to lose will get on board (just like Zashi did for shielded addresses) but until then we HAVE to move past the perception of insiders allocating money.
It is the only credible way to carry the “encrypt your bitcoin / bitcoin hedge” forward in a serious way. Think about what changed in Zcash to carry it from $50 to $500 and get it back in the conversation. We need to run towards that, not back to old systems.
P.S. This post has more of my thoughts https://forum.zcashcommunity.com/t/proposal-to-switch-zcg-elections-to-token-holder-voting/53533/20