Greg Zuckerman

Bitcoin is just an object of speculation.

It's digital gold at this point.

And the argument for Zcash is it's digital gold plus because you've got this ability to shield yourself from the government.

It's got more privacy.

Bitcoin lets users send and receive funds on this public ledger.

And the difference is Zcash gives users the option to use these shielded addresses.

You can hide sensitive data.

You want to send, you want to receive money, and you can hide it a lot better.

Part of it is this reaction to the fact that Bitcoin has been embraced by a lot of high-profile politicians and such.

And that's kind of not the ethos.

Now it's sort of mainstream and people looking for an alternative.

or kind of make it anti-authoritarian.

And part of the idea of Bitcoin, especially abroad, was to protect your money, your wealth from the authorities and their ability to kind of swoop in and take it away.

And then now you can watch it on the blockchain.

You can trace it.

Yeah, I'm nervous, frankly, because Hamas, Hezbollah, they've been proven to have used crypto in the past.

And if we're now going to embrace and have some liquidity in another alternative that's harder to trace and understand what they're doing, well, that raises all kinds of troubles and challenges for the authorities and for all of us in society.

The proponents of Zcash will say, well, yeah, maybe some of the bad guys will use it, but a lot of the good guys will too.

And the good offsets the bad.

So listen, we have to keep in mind that it's tiny.