# Vitalik's Updated Statement on Privacy

**URL:** <https://forum.zcashcommunity.com/t/vitaliks-updated-statement-on-privacy/29373>\
**Category:** General\
**Created:** [May 30, 2018, 5:46am UTC](https://forum.zcashcommunity.com/t/vitaliks-updated-statement-on-privacy/29373 "2018-05-30T05:46:03Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Tonic1080](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/tonic1080/32/10020_2.png) [@Tonic1080](https://forum.zcashcommunity.com/u/Tonic1080)\
**Post date:** [May 30, 2018, 5:46am UTC](https://forum.zcashcommunity.com/t/vitaliks-updated-statement-on-privacy/29373/1 "2018-05-30T05:46:03Z")

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> <https://twitter.com/VitalikButerin/status/1000869998385074176>

Nice to see his opinion on this but not surprising knowing his interest in Zcash tech. Shame he wants to go PoS with ETH and away from PoW.

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**Author:** ![cryptometrix](https://avatars.discourse-cdn.com/v4/letter/c/977dab/32.png) [@cryptometrix](https://forum.zcashcommunity.com/u/cryptometrix)\
**Post date:** [May 30, 2018, 11:12pm UTC](https://forum.zcashcommunity.com/t/vitaliks-updated-statement-on-privacy/29373/2 "2018-05-30T23:12:18Z")

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Going POS on Ethereum isn’t that huge of a thing really. It was always in the road map from my understanding. Otherwise Ethereum would never have a finite supply…which would eventually be “bad” for it’s value and longevity of the coin.

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<div class="post-metadata">

**Author:** ![Tonic1080](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/tonic1080/32/10020_2.png) [@Tonic1080](https://forum.zcashcommunity.com/u/Tonic1080)\
**Post date:** [May 31, 2018, 12:33am UTC](https://forum.zcashcommunity.com/t/vitaliks-updated-statement-on-privacy/29373/3 "2018-05-31T00:33:27Z")

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I’ve always been curious how that will play out. There is a major part of crypto that hasn’t been addressed yet: coin-loss over time.

People losing their wallet keys, people die without passing them on, laptops get thrown away…etc.  
Eventually, that will make an impact. I think it already does, but the “HODL” mentality is still dominant in crypto so it isn’t really noticed. I think once adoption becomes more regular I expect this to start being a real consideration. I believe in the long run we might see more models like ETH that don’t have a supply limit built-in.  
Might be another decade or two before that starts being a consideration though.