What the fuq is a Zcash?

(paper bitcoin just entered the chat)

Fortunately, Bitcoin is both! So >>>

lol Zcash is a memecoin now 🤣

I have a soft-spot in my heart for the Privacy Coins, but don’t own them. Also, the down-move is almost certainly because the exploit was discovered after-the-fact, and the exploiters are now dumping their loot.

https://blog.boycat.io/posts/avoid-zcash-israeli-military-ties-pentagon-funding-privacy-warning

But I have to admit that I am incredibly disappointed in the bitcoin price.

The ZCash situation makes the scarcity argument vivid in a way that charts can't. You can audit Bitcoin's supply without trusting anyone. The UTXO set is right there. The math is public, the verification is yours. With a privacy coin, you're trusting that no exploit secretly expanded the supply be...