Live with Paul Puey!
Today at 3pm EDT/7pm UTC Paul Puey comes on the Digital Cash Rundown to talk about Binance delisting privacy coins in the EU, the Monero privacy bug, and more!
I don't have loyalty to any specific crypto project. I have loyalty to values:
-Permissionlessness
-Decentralization
-Censorship resistance
-Privacy
-Accessibility
I use whatever lets me best transact financially with those values, and promote what's working towards them. Short-term, I use what works for those goals. Long-term, I look at "insurance policy" metrics that help guarantee that experience holds long-term:
-Explicit governance
-Self-funding
-L1 scaling
-Security
-Advanced privacy
Use what works today, but prefer with these values. For example, Litecoin works fantastic for short-term today. But long-term, I don't trust its scalability plan, sustainable long-term development, governance process, privacy commitment, or even security. I'll happily use it, but where there's an option I prefer others.
This is what keeps me using Dash so heavily after all these years. It works today for everything I need from money purposes as outlined above. Also is top-notch in most of the long-term values, so I can be sure it'll always work as it did before.
Zcash is another one. I can use it for only a few things today, and I'm not as confident in its governance process, but its privacy today is second to none. And because of its self-funding, it's clear its privacy offering will continue to be industry-leading.
I've seen a lot in my decade-plus in crypto. It's hard to know which projects to focus on. I recommend the short-term long-term principle-based strategy outlined above. Keeps you focused, but adaptable to change.
This Friday at 4pm EDT/8pm UTC Dash Core Group CTO Sam Westrich comes on the Dash Podcast to talk the Dash chain split, the new EvoNode release, and more
Cryptos which offer increased privacy are starting to be delisted from exchanges in the EU. Stuff like this is why I view THORChain/Maya and any other workable DEX as crucial to crypto's survival.
Great and thorough chat with Zooko last week facing hard and thought-provoking questions during a pivotal time in Zcash's history. Really enjoyed it!
Take any step you can to improve your privacy. I don't care if it's imperfect. Each step cuts off a certain group of people from having access to your private information.
Who cares if the CIA can still track you. They aren't likely the ones you who will actually harm you.
If you knew all the cool stuff being built, you'd be optimistic about the future too.
Had a blast at ETHDam, had to recap the experience with Nate, who I got to meet IRL for the first time there. Good show!
If you don't get thrown in the deep end you'll never learn how to swim. We all need that wake-up call that happens when we go all-in on something are realize we're nowhere near ready to be all-in. 😅
Nice you're kind of in my neck of the woods.
Live with Zooko!
Live with Nate!
Live in about 90 minutes (3pm EDT/7pm UTC) Nate from Eat Sleep Crypto joins the Digital Cash rundown to talk the Tornado Cash exploit, the Dash chain halt, and an ETHDam recap!
So much work went into making our money and payments system run as smoothly as it does. Rebuilding it newer and freer isn't going to be easy.
Tomorrow at 4pm EDT/8pm UTC Zooko Wilcox comes on the Zcash Podcast! Watch live and post any questions you have ahead of time
Finally catching up after a week-long trip to Europe for ETHDam. Over the weekend Tornado Cash got rekt and the Dash blockchain halted during an upgrade, but everything was fine after I woke up in my own bed the next morning. Definite "What did I miss?" vibes 😆
I also feel liberated and optimistic, but the work of advancing freedom across a few domains is very difficult, sometimes lonely, usually unpaid or criminally underpaid, and sometimes you have to fight allies as much as enemies.
Couldn't resist the lame crypto puns
https://twitter.com/TheDesertLynx/status/1660788733807931392