⚡️ Zcash co-founder at the SEC roundtable — key messages:

- Zuko’s mother (77) says: “Mass surveillance turns us into test subjects. The Fourth Amendment protects everyone who owns a computer or phone. The Constitution guarantees protection against unreasonable searches, but today they happen without a court order — and that’s wrong.”

- Previously, the SEC (under Gensler) accused Zcash’s creators of fraud. The regulator has issued subpoenas to many crypto companies to burden the industry with legal fees. Now the new SEC has invited us to explain how Zcash works.

- The most important question isn’t “privacy or transparency,” but “who chooses?” Who decides what information is shared and what is not? When evaluating any policy or product, ask: who is making the decisions here?

- In Zcash, only the owner controls the Send and Share buttons. Whether you show transactions to an accountant, a friend, or under a court order is up to you. No one else in the world can press these buttons. This is your sole moral responsibility.

- In 10 years, we’ve transformed zero-knowledge proofs from a theoretical idea into an industrial product. The technology lets you choose with whom and when to share your transaction history.

- Zcash works in real life — for example, buying a burrito at Chipotle. Text memos are attached to transactions, just as the purpose of payment used to be written in the corner of a check.