Anthony Pompliano
π€ SpeakerAppearances Over Time
Podcast Appearances
And the price of Zcash is going to go up a lot to reflect this desire to have privacy over the internet.
I don't think it's compatible with the system that they're trying to run.
It's almost like cash is not compatible in this day to the bank, right?
Cash made sense in the time in which it was better than having a bar of gold or some sort of physical commodity, right?
Cash was invented for that particular purpose, discounting bills and whatnot.
And the banks were all about cash.
But in this digital age where the banks are under constant surveillance from the government for, you know,
where this money come from, where it's going.
Oh, fuck this.
Why do I have to deal with this cashing?
I have to physically put it somewhere.
I got to have this branch.
This is expensive.
Got to hire these fucking humans and the security guards and all this.
Fuck this.
Let's just move to digital.
You hold it on my ledger.
I let you send it back and forth.
So I don't think cash makes sense for banks.
It's just very expensive to use relative to the use case that it provides in a digital economy.