I’m looking forward to the Zcash halving. There’s not much time left.
Halving countdown: November 23, 2024
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I’m wondering. Will it have the same impact on the price as Bitcoin?
“I wish I could have bought Bitcoin cheaper”
“You know you can buy ZEC for under 40 bucks right now. That’s pretty much a better Bitcoin more than 1800 times cheaper”
“Gosh I don’t know, that seems so risky…”
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I believe that Zcash will still be seen as an improved Bitcoin, a Bitcoin with a layer of security, like HTTPS.
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I believe that this was the initial idea on the part of Satoshi Nakamoto. Cryptocurrency is a way of keeping a financial value anonymous and out of the reach of governments.
I would be a hypocrite if I said that I don’t want Zcash to appreciate. I would be very happy if Zcash reached the $24,000 level, but I don’t care if Zcash doesn’t give me significant profits. What matters is having the freedom to have money that no government will have the power to confiscate. If one day the government decides to tax it abusively, I will simply have the courage to venture out and live in another country.
In my opinion, Zcash is as good as Bitcoin, an evolution. I wouldn’t find it strange if Satoshi Nakamoto was involved with Zcash. If he is involved in some way, it’s even better if no one knows about it. I believe that Zcash is increasingly aligned with Satoshi Nakamoto’s principles.
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I’m looking forward to seeing how Zcash behaves during the halving. We’re going to have fewer and fewer coins being distributed. When Proof of Stake is launched, the selling pressure will decrease, especially since the Zcash development fund is ending. From that moment on, the halving will have a more important meaning and the scarcity of Zcash will be more impactful.