The enthusiasm of Zooko (founder of Zcash) reveals a dangerous naivety.
Believing the SEC—an institution built on financial surveillance and control—will embrace true privacy just because the administration changed is a fundamental error.
The state's machinery naturally opposes opaque transactions, regardless of who is in charge.
By participating, Zooko risks validating political theater: a charade where regulators pretend to listen to "builders" only to justify stricter crackdowns later.
Seeking permission in Washington, rather than relying on code, undermines the cypherpunk ethos.
This isn't a diplomatic victory; it is likely a trap that legitimizes the very apparatus designed to dismantle financial #privacy.
That's why #Monero
