๐๐ก๐ ๐๐ซ๐๐๐ญ ๐๐๐ญ๐ซ๐๐ฒ๐๐ฅ: ๐๐จ๐ฐ ๐๐ข๐ญ๐๐จ๐ข๐งโ๐ฌ ๐G (Rich elites ) ๐๐จ๐ฅ๐ ๐๐ฎ๐ญ
๐๐ซ๐ข๐ฏ๐๐๐ฒ ๐๐จ๐ซ ๐๐ซ๐จ๐๐ข๐ญ
We all know the legend. The cypherpunk dream. A peer-to-peer electronic cash system,
designed to be sound money, free from the grasp of centralized banks and coercive
governments. It was meant to be decentralized, permissionless, and ใ๏ปฟ๏ฝ๏ฝ๏ฝ๏ฝ๏ฝ๏ฝ๏ฝ
๏ผใ
But somewhere along the line, the dream was corrupted. Not by outsiders, but from within. The very OGs who built their fortunes on Bitcoinโs early promise have become its most reactionary gatekeepers.
And their campaign against true privacy coins reveals their true motive: ๐ฏ๐ฐ๐ต ๐ด๐ฐ๐ถ๐ฏ๐ฅ
๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ง๐ฐ๐ณ ๐ข๐ญ๐ญ, ๐ฃ๐ถ๐ต ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ธ๐ฆ๐ข๐ญ๐ต๐ฉ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ๐ฎ๐ด๐ฆ๐ญ๐ท๐ฆ๐ด !
The smoking gun? Their inexplicable, coordinated promotion of **Zcash** over fundamentally
superior and more Bitcoin-aligned privacy protocols like ๐๐ซ๐ข๐ง.
https://docs.grin.mw/wiki/introduction/grin-for-bitcoiners/
๐ง๐ต๐ฒ ๐ฃ๐ฒ๐ฟ๐ณ๐ฒ๐ฐ๐ ๐ฃ๐ฟ๐ถ๐๐ฎ๐ฐ๐ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป, ๐๐ด๐ป๐ผ๐ฟ๐ฒ๐ฑ
Letโs be clear about what Grin offers:
๐ผ ๐๐๐๐ง ๐๐๐ช๐ฃ๐๐: No pre-mine, no founderโs reward, no early advantage for insiders. It
embodied the very ethos Bitcoiners claim to cherish.
๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐๐๐ฅ๐๐๐ฅ๐: Its Mimblewimble protocol is elegant, allowing for smaller
blockchains and faster verification. It fixes problems Bitcoin still struggles with.
๐๐ฉ๐ง๐ค๐ฃ๐, ๐ฟ๐๐๐๐ช๐ก๐ฉ ๐๐ง๐๐ซ๐๐๐ฎ: Privacy isn't an option; it's woven into the fabric of every
transaction. Itโs what Satoshi envisioned before the realities of a transparent ledger became
clear.
๐ฝ๐พ ๐ฒ๐๐ฐ๐ผ, ๐ฝ๐ ๐น๐ฟ๐ด๐ถ, ๐ฝ๐พ ๐๐ฟ๐ฐ๐ผ
๐๐ค ๐ผ๐๐ง๐๐จ๐จ๐๐จ, ๐๐ค ๐๐ข๐ค๐ช๐ฃ๐ฉ๐จ ๐ซ๐๐จ๐๐๐ก๐ ๐ค๐ฃ ๐๐ก๐ค๐๐ ๐๐๐๐๐ฃ !
No metadata, previous data erased.
๐ฟ๐๐๐๐ฃ๐ฉ๐ง๐๐ก๐๐ฏ๐๐ ๐๐๐ฃ๐๐ฃ๐: It uses a mining algorithm (Cuckoo Cycle) promoting a more distributed mining base. You can run a FULL NODE with a old mobile phone.
Grin is the cypherpunk dream, fully realized. So why did the Bitcoin elite meet it with a collective yawn, or outright hostility?
๐ง๐ต๐ฒ ๐ญ๐ฐ๐ฎ๐๐ต ๐๐ผ๐ป๐๐ป๐ฑ๐ฟ๐๐บ: ๐ ๐ง๐ฒ๐น๐น๐๐ฎ๐น๐ฒ ๐ฆ๐ถ๐ด๐ป ๐ผ๐ณ ๐๐ฟ๐ฒ๐ฒ๐ฑ
Enter Zcash. A privacy coin with some significant, and very telling, compromises:
1. ๐๐๐ โ๐๐ค๐ช๐ฃ๐๐๐งโ๐จ ๐๐๐ฌ๐๐ง๐โ: For its first four years, 20% of all block rewards went to the founders, investors, and developers. It was a massive, pre-programmed wealth transfer to insiders. ๐ผ ๐ฟ๐๐ ๐๐ผ๐.
2. ๐๐ง๐ช๐จ๐ฉ๐๐ ๐๐๐ฉ๐ช๐ฅ: Its initial setup required a โceremonyโ where participants had to trust that the private keys were destroyed. A critical point of failure and centralization that Bitcoin would never tolerate. Even it is removed, **optional privacy** stayed.
3. ๐ป๐๐๐๐๐๐ ๐๐๐๐๐๐ข: Crucially, Zcash mimics Bitcoinโs hard cap of 21 million coins.
And here we find the heart of the conspiracy. The OGs donโt champion Zcash because itโs technically superior; they champion it because its economic model ๐ฝ๐ฟ๐ผ๐๐ฒ๐ฐ๐๐ ๐๐ต๐ฒ๐ถ๐ฟ ๐ฒ๐
๐ถ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ฒ๐ฎ๐น๐๐ต.
๐ง๐ต๐ฒ ๐๐ฎ๐บ๐ฒ ๐ง๐ต๐ฒ๐ผ๐ฟ๐ ๐ผ๐ณ ๐ฎ ๐๐ฅ๐๐๐๐ฌ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป๐ฒ๐ฟ๐ข๐
Greedy sneaky mind of an early Bitcoin adopter sitting on a fortune:
๐๐๐๐๐ง ๐๐ค๐๐ก: Preserve the purchasing power of their BTC stack. Not to create the best monetary system, but to ensure their early adoption pays off maximally.
๐๐ก๐ซ๐๐๐ญ #๐ (๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ): they know their wealth, sitting on a public ledger, is at risk from future wealth confiscation, punitive taxes, or regulation. They *desperately* need privacy.
๐๐ก๐ซ๐๐๐ญ #๐ (๐๐ข๐ฅ๐ฎ๐ญ๐ข๐จ๐ง):
๐ฐ ๐๐๐ , ๐๐๐๐๐ข ๐๐๐๐๐๐๐๐๐๐๐ฃ๐๐, ๐๐๐๐๐๐๐, and *predictable issuance* coin like ๐๐ฟ๐ถ๐ป ๐ฝ๐ผ๐๐ฒ๐ ๐ฎ๐ป ๐ฒ๐
๐ถ๐๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ต๐ฟ๐ฒ๐ฎ๐.
Its fair launch means they have no head start.
Its tail emission model (a small, continuous inflation) prevents it from becoming a purely deflationary asset that would simply replicate and challenge Bitcoin's "digital gold" narrative.
๐๐๐๐๐ง ๐๐ค๐ซ๐: They need a privacy solution that neutralizes Threat #1 without activating Threat #2.
๐๐๐๐จ๐ ๐จ๐๐๐ก๐ก ๐๐จ ๐ฉ๐๐ ๐ฉ๐ค๐ฎ: It provides the **optional** privacy they need to shield their own wealth from governments, while its hard-capped supply ensures it can never challenge Bitcoinโs core value proposition as a deflationary store of value.
By shilling Zcash, they * think they get the privacy tool they need without sponsoring a competitor that could actually dethrone their king.
( ๐ผ ๐๐๐จ๐ฅ๐๐ง๐๐ฉ๐ ๐๐ฉ๐ฉ๐๐ข๐ฅ๐ฉ ๐ฌ๐๐ฉ๐ ๐๐๐พ ๐๐ฃ๐ ๐ค๐ฅ๐ฉ๐๐ค๐ฃ๐๐ก ๐ฅ๐ง๐๐ซ๐๐๐ฎ)
๐๐ง๐๐๐๐ฎ ๐ง๐๐๐ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ๐๐งs are in ๐ฃ๐ฎ๐ป๐ถ๐ฐ
This is the ultimate hypocrisy. The OGs lecture the community on "sound money" and "decentralization" while backing a project with a founder's reward and a trusted setup. They attack Grin's tail emission as "inflationary" while ignoring that its fair launch is more morally and economically sound than Zcash's insider-friendly & dev tax model.
๐๐ฉ๐ฆ๐ช๐ณ ๐ข๐ค๐ต๐ช๐ฐ๐ฏ๐ด ๐ฑ๐ณ๐ฐ๐ท๐ฆ ๐ต๐ฉ๐ข๐ต ๐ต๐ฉ๐ฆ๐ช๐ณ ๐ข๐ญ๐ญ๐ฆ๐จ๐ช๐ข๐ฏ๐ค๐ฆ ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ค๐บ๐ฑ๐ฉ๐ฆ๐ณ๐ฑ๐ถ๐ฏ๐ฌ ๐ช๐ฅ๐ฆ๐ข๐ญ๐ด ๐ฐ๐ง ๐ง๐ณ๐ฆ๐ฆ๐ฅ๐ฐ๐ฎ ๐ข๐ฏ๐ฅ ๐ฑ๐ณ๐ช๐ท๐ข๐ค๐บ ๐ง๐ฐ๐ณ ๐ข๐ญ๐ญ.
๐๐ต ๐ช๐ด ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ฑ๐ณ๐ฆ๐ด๐ฆ๐ณ๐ท๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ง ๐ต๐ฉ๐ฆ๐ช๐ณ ๐ฐ๐ธ๐ฏ ๐ฑ๐ณ๐ช๐ท๐ช๐ญ๐ฆ๐จ๐ฆ๐ฅ ๐ฑ๐ฐ๐ด๐ช๐ต๐ช๐ฐ๐ฏ ๐ธ๐ช๐ต๐ฉ๐ช๐ฏ ๐ต๐ฉ๐ฆ ๐ฆ๐น๐ช๐ด๐ต๐ช๐ฏ๐จ ๐ค๐ณ๐บ๐ฑ๐ต๐ฐ ๐ฉ๐ช๐ฆ๐ณ๐ข๐ณ๐ค๐ฉ๐บ.
They aren't building a future of free, private, decentralized money. They are building a gated community with their Bitcoin wealth at the center, using projects like Zcash as a privacy fence to keep the authorities out, and shunning projects like Grin to keep any real competitors down.
The message is clear: *๐ฌ๐ผ๐๐ฟ ๐ฝ๐ฟ๐ถ๐๐ฎ๐ฐ๐ ๐ถ๐ ๐น๐ฒ๐๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐๐ต๐ฎ๐ป ๐ผ๐๐ฟ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐.*
The great betrayal is complete.
๐๐ฉ๐ฆ ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐๐๐ด ๐ข๐ณ๐ฆ๐ฏ'๐ต ๐ญ๐ฆ๐ข๐ฅ๐ฆ๐ณ๐ด ๐ฐ๐ง ๐ข ๐ณ๐ฆ๐ท๐ฐ๐ญ๐ถ๐ต๐ช๐ฐ๐ฏ; ๐ต๐ฉ๐ฆ๐บ ๐ข๐ณ๐ฆ ๐ซ๐ถ๐ด๐ต ๐ข๐ฏ๐ฐ๐ต๐ฉ๐ฆ๐ณ ๐ค๐ญ๐ข๐ด๐ด ๐ฐ๐ง ๐ธ๐ฆ๐ข๐ญ๐ต๐ฉ๐บ ๐ฆ๐ญ๐ช๐ต๐ฆ๐ด, ๐ฑ๐ณ๐ฐ๐ต๐ฆ๐ค๐ต๐ช๐ฏ๐จ ๐ต๐ฉ๐ฆ๐ช๐ณ ๐ต๐ถ๐ณ๐ง.
๐๐ฉ๐ฆ๐บ ๐ธ๐ช๐ญ๐ญ ๐ญ๐ฐ๐ฐ๐ด๐ฆ ๐ต๐ฐ ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ข๐ต๐ช๐ฐ๐ฏ, ๐ต๐ณ๐ถ๐ด๐ต ๐ฎ๐ช๐ฏ๐ช๐ฎ๐ช๐ป๐ฆ๐ฅ ๐ฑ๐ฆ๐ณ๐ฎ๐ช๐ด๐ด๐ช๐ฐ๐ฏ๐ญ๐ฆ๐ด๐ด, ๐ญ๐ช๐จ๐ฉ๐ต๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ๐ด๐ค๐ข๐ญ๐ข๐ฃ๐ญ๐ฆ ๐ฑ๐ณ๐ช๐ท๐ข๐ค๐บ very soon.
As the satoshi says; Bitcoiners kicked the hornest nest with Zcash privacy panic shilling, and swarm headed towards to us.
Just take your seat at fronts and GRIN ใ to them.