# Proposal for a Fresh Zcash **URL:** \ **Category:** General\ **Created:** [August 16, 2023, 10:50pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357 "2023-08-16T22:50:18Z")\ **Posts on this page:** 8\ **Page:** 5
**Author:** ![dismad](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dismad/32/18432_2.png) [@dismad](https://forum.zcashcommunity.com/u/dismad)\ **Post date:** [August 31, 2023, 4:49pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/94 "2023-08-31T16:49:43Z")
> [@Jgx7](#): > > buying btc/eth is a speculative investment decision. > [@Jgx7](#): > > It’s a protection from money printing; digital gold. Not meant to replace money. It would not surprise me in the least if it was created by the fed or a government or if governments were some of its largest owners. This is what I suspected. It’s always been about control. 🤠 Yes I’m mad, I’ll opt out with Zcash 🦓 ---
**Author:** ![noamchom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/noamchom/32/20269_2.png) [@noamchom](https://forum.zcashcommunity.com/u/noamchom)\ **Post date:** [August 31, 2023, 5:05pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/95 "2023-08-31T17:05:25Z")
> [@dismad](#): > > The fact that people _choose_ to hedge with ZEC _because_ of privacy This is completely taking away from what the conventional definition of **hedge** means. JGX is clearly speaking from a strict Financial Analyst’s sort of perspective, whereas your use of “hedge” feels like an ambiguous concept about currency devaluation or destruction or a dark 1984 style regime change. The term **hedge** as we’re applying it to actions from the block reward orgs (ECC, ZF, ZCG) should be strictly regarded in the conventional finance context. To retain non-profit status and upright chartership in America, its not likely that the CFO(s) are allowed to indulge in adventurous “hedging” to how I understand dismad is describing. > **[Hedge Definition and How It Works in Investing](https://www.investopedia.com/terms/h/hedge.asp)** > > A hedge is an investment that is selected to reduce the potential for loss in other investments because its price tends to move in the opposite direction. ---
**Author:** ![dismad](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dismad/32/18432_2.png) [@dismad](https://forum.zcashcommunity.com/u/dismad)\ **Post date:** [August 31, 2023, 5:08pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/96 "2023-08-31T17:08:17Z")
> [@noamchom](#): > > conventional definition Who said I had to be conventional? I not reading some dictionary, or using some AI 😃 A lawyer I am not… ---
**Author:** ![noamchom](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/noamchom/32/20269_2.png) [@noamchom](https://forum.zcashcommunity.com/u/noamchom)\ **Post date:** [August 31, 2023, 5:13pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/97 "2023-08-31T17:13:42Z")
You don’t have to be anything, I am recommending that for the sake of productive discussion about the specifics of the ECC/ ZF/ ZCG treasury allocations, that use of commonly understood terms is best. Holding BTC, ETH, or other altcoin assets (Agoric, StarkWare, Namada, et al) are not **hedges** against USD. They’re also not hedges against ZEC holdings. Holding dollars against any crypto position can be considered a hedge (but the opposite isn’t true… that ZEC is a hedge against USD, for instance). JGX mentioned this above. Suppose an 80/20% allocation in USD vs Crypto would be a way of convincing some financial auditors that the non-profits are sufficiently hedged. ---
**Author:** ![dismad](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/dismad/32/18432_2.png) [@dismad](https://forum.zcashcommunity.com/u/dismad)\ **Post date:** [August 31, 2023, 5:17pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/98 "2023-08-31T17:17:31Z")
I’ll let the experts way in, I’m not debating definitions ---
**Author:** ![NaomiBrockwell](https://avatars.discourse-cdn.com/v4/letter/n/8dc957/32.png) [@NaomiBrockwell](https://forum.zcashcommunity.com/u/NaomiBrockwell)\ **Post date:** [September 1, 2023, 8:10pm UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/99 "2023-09-01T20:10:34Z")
Thanks for posting this, Josh! Sorry I’m late to respond! I really like your vision for moving forward, and share your enthusiasm for the future of zcash. Indeed, “ **privacy must win!** ” One of my favorite experiences with zcash was actually when Zooko came to visit my state, and it was really inspiring to see the impact he had on the community. Adoption really skyrocketed, people were so excited to meet him and grateful for him taking the time to explain how to use zcash. And he was relentless: everywhere we went, everyone who worked there would end up with a wallet and a zec tip. And the effects had a lasting impact – people became willing to try this when they previously hadn’t given it a go. I would love for Zooko to lean more into this role – I’ve seen first hand the impact he has on the broader community. I know that he doesn’t like to be the “face of zcash”, & I completely get that. But the reality is that many people see him as zcash’s Satoshi, and I don’t predict that ending any time soon. I hate to see him dealing with the politics and behind-the-scenes, I think he has the biggest impact leading the community with face-to-face engagement. If he does end up leaning more into this role, I really hope you would consider stepping up to fill some of his other roles. I think you’re also a really trusted member of the community – I would 100% support you if you decide it’s something you would be willing to do. ---
**Author:** ![pkr](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/pkr/32/29938_2.png) [@pkr](https://forum.zcashcommunity.com/u/pkr)\ **Post date:** [September 2, 2023, 3:31am UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/100 "2023-09-02T03:31:36Z")
> [@NaomiBrockwell](#): > > Adoption really skyrocketed $80 dollars in fees… stop the presses! 🤣 I came around on @joshs. He was muzzled by the powers that be; that much is clear. ---
**Author:** ![tromp](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/tromp/32/522_2.png) [@tromp](https://forum.zcashcommunity.com/u/tromp)\ **Post date:** [September 2, 2023, 9:38am UTC](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357/101 "2023-09-02T09:38:45Z")
> A simple, secure digital currency Zcash is not that simple… Sure; it’s simpler than something like Ethereum; but it’s quite a bit more complex than bitcoin, which itself it far from the simplest currency… [Previous page](https://forum.zcashcommunity.com/t/proposal-for-a-fresh-zcash/45357.md?page=4)