they are doing better than zec. my wages priced in zec are down 50%-90%. my wages in USD are not down.
the fed is raising rates to stop inflation. they made a policy mistake, its going to be painful.
Something we can agree on, governments over react.
exactly! you are coming around to my point. they are getting killed by owning zec
we need a privacey coin that works for poor people who canât afford to wait it out or tap into savings to make up for declines in zec price. they get paid on friday and its gone by monday. they canât handle the price volatility. put yourself in their shoes for a moment
No! They are learning about ZEC, thanks to ZecHub and all its supporters, and they can choose whats best for them. I disagree owning ZEC is killing anyone.
Its a matter of choice. We shouldnât, and canât, decide whats important for anyone. If someone needs privacy to survive they most certainly will loose some value if that was warranted.
this is just a fact and not an opinion. anyone who has bought zec and put their hard earned savings into zec is worse off today than they were especially on an inflation adjusted basis. and targeting poor counties and poor people seems like a bad strategy.
we had a moment. it was short but sweet.
Worse off. Relative to what? Some folks are OK with losing USD value for the benefits of needed privacy.
1 Like
are you promoting zec as something for fun or a real currency?
Everyone needs privacy, even rich oligarchs
Iâm educating about Zcash, a real private cash alternative in the digital age.
2 Likes
they need a store of value first. otherwise it goes to zero and then privacy isnât needed because they are broke.
they are better off donating in this case. they lose 80% to miners. 100% would go to their zcash cause instead of only 20%z if we had a way for this people to donate any currency they want. itâs why i propose a crowdsourcing platform.
Letâs see how well the SOV narrative does when everyone realizes who actually has control.
Zcash will sadly continue to fail itâs users, and will fail to ever go mainstream, if it is driven by illogical business strategies. Catering to underdeveloped demographics with trivial amounts of capital will continue to yield lose-lose-lose outcomes.
I feel sad to have to be once again saying out loud what the cold facts are and what theyâve been for so many years.
If Zcash never takes itself serious as a business, then it will remain in an afterthought circumstance.
Just imagine how futile it would be to startup a restaurant in India, that only serves Beef to LGBTQIA American expatriatesâŚ
Sure that is an honorable theory and allows for positive virtue signaling, but in practice the restaurant is almost certainly bankrupt in a year or two.
1 Like
I certainly donât speak of Zcash as a whole, all I can offer is my perspective. You and Jgx7 have certainly voiced your opinions, my hope was to counter your arguments and get more folks to speak up 
1 Like
the toxic culture is at least partly the fault of the organizations governance structure. they force us to fight it out on these boards because they use the boards and polls to define consensus. a simple coin weighted voting mechanism would likely help to keep decisions focused and tone down the rhetoric.
also, why are we voting for organizations as opposed to proposed projects? each organization should propose well defined projects for funding on a project by project basis. why are we forced to provide âblank checksâ when project level or based funding might be more productive and focused? we should hold our organizations to the same standards as grant receipients. the best projects win. no people can rest on controlling zec through an organization. we can alter funding based on the best projects.
1 Like
What projects, in your opinion, should we fund? Iâm actually curious if you find the work ZecHub has been doing worthwhile. I love the work we have been doing but perspective is needed from the others in the community. Does everyone in the community feel how you and naom feel? Or is this a vocal minority ?
2 Likes
my job isnât to propose a project, my job is to vote. you have it reversed.
zec holders sell. we have no way to vote except by selling. itâs the paid people looking for grants that stay. itâs what i call the negative feedback loop. we are certainly a minority the way consensus is defined. a very small group of people are determining the direction of zcash.
1 Like
So you can be critical of others but offer no work for alternatives?
I was working on ZecHub before I was paid, and will continue to help out when funding ends. Is that a negative feedback loop?
Perhaps miners and investors, looking to make a quick buck are the negative feedback loop?
1 Like
The interests of ZEC holders will always be a minority because of the inverted economics, ecosystem/ governance structure.
ZEC is currently designed to lose value over time based on the Block Reward in combination with proof of work, and the zero transaction cost/ fee model.
My opinions are primarily based around the idea that the Zcash ecosystem can make decisions in the next year or two which will radically shift the designs around ZEC and therefore will result in a repricing of ZEC (higher).
The predominant ideology of Zcashers today who share their opinions is totally consistent with the ideology from Zooko, Jack, Josh, Nathan, et al Thought Leaders from within the Block Reward Salary ecosystem.
It should never be surprising when us ZEC investors speak minority opinions about how to transform Zcash into a capitalist-business minded system, rather than a pseudo-socialist type of academic research system.