See nostr:nprofile1qqsxd7rasz53jav2vjlq6twg5wj68lgvm0t4lj79skkka9jju8qfv3cpzpmhxue69uhnzdps9enrw73wd9hszxthwden5te0v9j82mr59ccnsurvw4ejuum0vd5kzmqr63y6e's https://frankbraun.org/zecbag
But no, not really. I also hold Monero only for small purchases, where it does not matter. Bitcoin is the ngu tech
Ngu tech? You serious? It gets pumped by fiat and stabelcoin masters as if fake NGU numbers mattered.
I would not trust my savings with NGU tech that relies on the fiat printer to socially (not technically) work!
If there's anything you can rely in this world, it's fiat printers.
Zcash has good tech, but too many flaws in other areas like a dev tax. Use it when LN or Monero (especially post FCMP) are not available. It's still a better private means of transacting than almost all other "cryptos".
Especially with the near intents swaps, you can pay any shitcoin privately. Someone wants usdc on Arbitrum? Sure give me the address, I'll pay it right from Zashi.
And there's no CEX involved that could stop the tx.
I think Cake is implementing these automatic swaps from xmr into other crypto as well.
Amazing, the more, the better.
Only problem is that most exchanges are super slow from xmr, they not only wait for confirmation, but until it is spendable. If you for example have an invoice that needs at least unconfirmed transaction in mempool of target in 15 minutes, because of an exchange rate, it does not work. 2.5 minutes is still quite long, but bearable.
Yeah lightning to shitcoin remains undefeated.
With all due respect to Frank, this article does not claim to be objective. It is an article written by someone who has invested in Zcash and believes it has "enormous potential". This is neither good nor bad; it is simply a fact that the article is written in this style.
There's no objective investment thesis by definition.
