disappointing wake-up sign how many Bitcoin people have lost the plot promoting off-chain databases instead of blockchains some brief counters for the reader, even though the OP is clearly bad faith i) started talking sub $18, I can assure you I'm not underwater or need exit liquidity. if that were the case, I could launch a shitter on Solana for a fraction of the effort or would've sold by now this is not a trade, it's a vote ii) if you use zashi — which everyone does — the privacy is not opt-in, it's the default this is a design choice that's left up to the apps, the dual mode allows for privacy to scale to a planetary scale as a trojan horse you can confirm this by seeing ATHs in the shielded pool "Privacy is not secrecy. Privacy is the power to selectively reveal oneself to the world." — Cypherpunk Manifesto iii) it's weird to call this a tax, 8% goes to grants voted on by people, and 12% goes to a lockbox controlled by token-holders to reward devs if they deem worth it token-based governance seems pretty cool and useful to me, we wouldn't have had zashi without it that said, the amount goes down every halving, and I agree we can bring it down more iv) "it can't scale" lol I think I know a thing or two about scale, and let me tell you we are scaling this thing at least 100x faster blocks, higher TPS, and complete elimination of the state-growth problem via Tachyon I do hope that as Zcash continues to rise, Bitcoin people take privacy more seriously at the core L1 layer instead of off-chain band-aids that have extremely weak properties I continue to hold a lot of Bitcoin regardless because one can simply hold multiple coins I'll finally leave you with a quote from Satoshi himself about how he wanted to incorporate ZK at the base later: