In this video, I share a clip that is going viral from the All-In Pod where Chamath is talking about the need for decentralized, private money. From the words he uses in this clip, it is clear to me that he has been Z-pilled.
Whether or not you think ZEC will rise in price in the future, the technology is extremely important.
In a society that is increasingly digitized, the need for a private digital money will only continue to rise.
One thing I love about what Chamath said is that he gave a non-illicit example of why private transactions are important. Most people from the outside looking in tend to think of private transactions as inherently illicit.
This is simply not true and one great example is the one Chamath used: what if your insurance company could instantly track that you're buying sugary cereals and decide to raise your health insurance premiums?
In this clip, I talk about what Chamath said and how I think ZEC solves the problems he outlined. I also give my take on whether or not I think Chamath is actually talking about ZEC specifically.
- 00:00 Introduction to Privacy and Zcash
- 00:35 Chamath's Perspective on Digital Privacy
- 02:19 Real-World Applications of Zcash
- 03:26 The Importance of Privacy in Transactions
- 04:21 How Zcash Solves Privacy Issues
- 06:53 The Growing Network Effect of Zcash
- 08:31 Conclusion and Shameless Plug
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Chamath endorses & has promoted all kinds of centralized stuff his investor buddies are in on. I wouldn’t take this as a positive at all.
The best for privacy is Monero. It would be great if Leodex offered the option to obtain Monero, perhaps a Leo/Monero pool?