# Will Zcash replace offshore banking?

**URL:** <https://forum.zcashcommunity.com/t/will-zcash-replace-offshore-banking/28076>\
**Category:** General\
**Created:** [April 1, 2018, 3:42am UTC](https://forum.zcashcommunity.com/t/will-zcash-replace-offshore-banking/28076 "2018-04-01T03:42:26Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Blazin8888](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/blazin8888/32/9263_2.png) [@Blazin8888](https://forum.zcashcommunity.com/u/Blazin8888)\
**Post date:** [April 1, 2018, 3:42am UTC](https://forum.zcashcommunity.com/t/will-zcash-replace-offshore-banking/28076/1 "2018-04-01T03:42:27Z")

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In my opinion Zcash has the potential to replace the need for offshore banking all together. It is becoming increasingly difficult and takes quite a bit of planning / effort for companies and individuals to set up shell companies / hide their money offshore these days. As more people become educated to the power of Zcash the $$$ exodus from the system will really begin.

What do you guys think?

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**Author:** ![lordfeo](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/lordfeo/32/9277_2.png) [@lordfeo](https://forum.zcashcommunity.com/u/lordfeo)\
**Post date:** [April 1, 2018, 10:20am UTC](https://forum.zcashcommunity.com/t/will-zcash-replace-offshore-banking/28076/2 "2018-04-01T10:20:43Z")

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Yes, imo zcash will replace offshore banking and many more things that we can not imagine now. But we have to wait, one day majority will understand bitcoin, use bitcoin in real life as payment processor with huge scale, that’s time to shine zcash.