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Author Topic: [2017-12-27]Edward Snowden: Zcash the most interesting bitcoin alternative  (Read 44 times)
DowBit
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December 27, 2017, 03:45:00 PM
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Famous whistleblower and former CIA employee Edward Snowden values privacy above all. This is why when speaking about cryptocurrencies, Snowden is especially interested in those that are anonymous. Snowden believes that Zcash is as close as it gets to a truly private cryptocurrency, with zero-knowledge proofs being the future of trading.

"I'm with Vitalik Buterin. Zcash's privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but if it's not private, it's not safe."

Zcash endorsements
It seems that people are starting to rally behind Zcash. Snowden?s support comes after John McAfee endorsed Zcash as well, together with Monero and Dash. According to McAfee, private and anonymous cryptocurrencies will act as a barrier to government control of the market.

more:https://dowbit.com/edward-snowden-zcash-most-interesting-bitcoin-alternative/

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December 27, 2017, 04:01:29 PM
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Famous whistleblower and former CIA employee Edward Snowden values privacy above all. This is why when speaking about cryptocurrencies, Snowden is especially interested in those that are anonymous. Snowden believes that Zcash is as close as it gets to a truly private cryptocurrency, with zero-knowledge proofs being the future of trading.

"I'm with Vitalik Buterin. Zcash's privacy tech makes it the most interesting Bitcoin alternative. Bitcoin is great, but if it's not private, it's not safe."

Zcash endorsements
It seems that people are starting to rally behind Zcash. Snowden?s support comes after John McAfee endorsed Zcash as well, together with Monero and Dash. According to McAfee, private and anonymous cryptocurrencies will act as a barrier to government control of the market.

more:https://dowbit.com/edward-snowden-zcash-most-interesting-bitcoin-alternative/

Privacy coins is a must on the industry to avoid the government to take control the whole cryptocurrency enconomy. On the other side, about illegal transactions? Maybe this can be use on terrorism or drugs and since it is private, no traces could be found. I understand Mr. Snowden but on the other hand this also had disadvantages that is more worse than it's pros.
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December 27, 2017, 05:55:46 PM
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So even Snowden is putting his money where the mouths of McAfee, Buterin et al are at. I think it can be really arguable to what an actual Bitcoin alternative could propose to make things "interesting". I won't pretend to know the unique differences between Dash, Zcash and Monero; for me Monero already took its own stage and to me is still the coin most associated with anonymous use.

People like Snowden might have some beef with Bitcoin, (I'm only half serious) but they're really free to seek other alts. I remember reading old forum posts about Satoshi posting telling people it was a very bad idea to use Bitcoin to support Wikileaks. Even all those years ago, it was well understood that Bitcoin was never meant to be anon.

Interesting, certainly. Worthy of the hype? We'll see.

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