# What made me change my mind about Zcash

**URL:** <https://forum.zcashcommunity.com/t/what-made-me-change-my-mind-about-zcash/42212>\
**Category:** General\
**Created:** [June 15, 2022, 4:51am UTC](https://forum.zcashcommunity.com/t/what-made-me-change-my-mind-about-zcash/42212 "2022-06-15T04:51:32Z")\
**Posts on this page:** 1\
**Showing post:** 14

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**Author:** ![nullius](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/nullius/32/20935_2.png) [@nullius](https://forum.zcashcommunity.com/u/nullius)\
**Post date:** [July 11, 2022, 7:13am UTC](https://forum.zcashcommunity.com/t/what-made-me-change-my-mind-about-zcash/42212/14 "2022-07-11T07:13:32Z")

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> [@steve.b](#):
>
> Who’s arguing to “give up”?? Is seeking to check a move to hamstring your access to its use [by using a more energy-efficient algo] “giving up”?? Maybe it’s giving up on PoW; but it’s not giving up on blowing away a semi-plausible reason to marginalize you…

This argument is predicated on the unexamined assumption that POS is a drop-in replacement for POW, providing equal or better (a) security and (b) economics. False on both points.

> [@steve.b](#):
>
> Well, fortunately we found the solution to that: the [Bitcoin] Foundation was blown up.

Yes, and Bitcoin has _thrived_ since then! Decentralization for the win. Who needs a centralized foundation?

I do recognize that in today’s environment, startup coins perforce need to start with some centralization. I do hope that over time, ECC and ZF could bootstrap the ecosystem to the point that it _can_ achieve greater decentralization. I think that some of the principals there would probably love that; they are idealists about this kind of thing—sometimes even too much so, in my opinion.

> [@steve.b](#):
>
> its [Bitcoin’s] tendency to be manipulated by many interests.

That is a fancy way of saying that Bitcoin is truly decentralized: No one party can control it, so yes, there are always many irreconcilably conflicting interests trying to pull it in all different directions. Thanks for agreeing with me.

> [@steve.b](#):
>
> It was impossible to make any move at the Foundation without shrieks that it was to somebody’s personal benefit.

The so-called “Bitcoin Foundation” was irredeemably corrupt. Its continued organizational viability would have destroyed Bitcoin to the point that I would have become an activist _against_ Bitcoin. Good riddance.

Imagine how much more robust Zcash will be, if someday it can grow to the point that it does not need any centralized entities of such a nature! It is a dream I’d be willing to work for.

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