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August on Nostr: ๐“๐ก๐ž ๐†๐ซ๐ž๐š๐ญ ๐๐ž๐ญ๐ซ๐š๐ฒ๐š๐ฅ: ๐‡๐จ๐ฐ ...

๐“๐ก๐ž ๐†๐ซ๐ž๐š๐ญ ๐๐ž๐ญ๐ซ๐š๐ฒ๐š๐ฅ: ๐‡๐จ๐ฐ ๐๐ข๐ญ๐œ๐จ๐ข๐งโ€™๐ฌ ๐ŽG (Rich elites ) ๐’๐จ๐ฅ๐ ๐Ž๐ฎ๐ญ
๐๐ซ๐ข๐ฏ๐š๐œ๐ฒ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐Ÿ๐ข๐ญ

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…๏ผŽใ€‘
But somewhere along the line, the dream was corrupted. Not by outsiders, but from within. The very OGs who built their fortunes on Bitcoinโ€™s early promise have become its most reactionary gatekeepers.
And their campaign against true privacy coins reveals their true motive: ๐˜ฏ๐˜ฐ๐˜ต ๐˜ด๐˜ฐ๐˜ถ๐˜ฏ๐˜ฅ
๐˜ฎ๐˜ฐ๐˜ฏ๐˜ฆ๐˜บ ๐˜ง๐˜ฐ๐˜ณ ๐˜ข๐˜ญ๐˜ญ, ๐˜ฃ๐˜ถ๐˜ต ๐˜ด๐˜ฐ๐˜ถ๐˜ฏ๐˜ฅ ๐˜ธ๐˜ฆ๐˜ข๐˜ญ๐˜ต๐˜ฉ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ๐˜ฎ๐˜ด๐˜ฆ๐˜ญ๐˜ท๐˜ฆ๐˜ด !

The smoking gun? Their inexplicable, coordinated promotion of **Zcash** over fundamentally
superior and more Bitcoin-aligned privacy protocols like ๐†๐ซ๐ข๐ง.

https://docs.grin.mw/wiki/introduction/grin-for-bitcoiners/

๐—ง๐—ต๐—ฒ ๐—ฃ๐—ฒ๐—ฟ๐—ณ๐—ฒ๐—ฐ๐˜ ๐—ฃ๐—ฟ๐—ถ๐˜ƒ๐—ฎ๐—ฐ๐˜† ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป, ๐—œ๐—ด๐—ป๐—ผ๐—ฟ๐—ฒ๐—ฑ

Letโ€™s be clear about what Grin offers:

๐˜ผ ๐™๐™–๐™ž๐™ง ๐™‡๐™–๐™ช๐™ฃ๐™˜๐™: No pre-mine, no founderโ€™s reward, no early advantage for insiders. It
embodied the very ethos Bitcoiners claim to cherish.

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐š๐ง๐ ๐’๐œ๐š๐ฅ๐š๐›๐ฅ๐ž: Its Mimblewimble protocol is elegant, allowing for smaller
blockchains and faster verification. It fixes problems Bitcoin still struggles with.

๐™Ž๐™ฉ๐™ง๐™ค๐™ฃ๐™œ, ๐˜ฟ๐™š๐™›๐™–๐™ช๐™ก๐™ฉ ๐™‹๐™ง๐™ž๐™ซ๐™–๐™˜๐™ฎ: Privacy isn't an option; it's woven into the fabric of every
transaction. Itโ€™s what Satoshi envisioned before the realities of a transparent ledger became
clear.
๐™ฝ๐™พ ๐™ฒ๐š‚๐™ฐ๐™ผ, ๐™ฝ๐š˜ ๐™น๐™ฟ๐™ด๐™ถ, ๐™ฝ๐™พ ๐š‚๐™ฟ๐™ฐ๐™ผ
๐™‰๐™ค ๐˜ผ๐™™๐™ง๐™š๐™จ๐™จ๐™š๐™จ, ๐™‰๐™ค ๐™–๐™ข๐™ค๐™ช๐™ฃ๐™ฉ๐™จ ๐™ซ๐™ž๐™จ๐™ž๐™—๐™ก๐™š ๐™ค๐™ฃ ๐™—๐™ก๐™ค๐™˜๐™ ๐™˜๐™๐™–๐™ž๐™ฃ !
No metadata, previous data erased.

๐˜ฟ๐™š๐™˜๐™š๐™ฃ๐™ฉ๐™ง๐™–๐™ก๐™ž๐™ฏ๐™š๐™™ ๐™ˆ๐™ž๐™ฃ๐™ž๐™ฃ๐™œ: 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?

๐—ง๐—ต๐—ฒ ๐—ญ๐—ฐ๐—ฎ๐˜€๐—ต ๐—–๐—ผ๐—ป๐˜‚๐—ป๐—ฑ๐—ฟ๐˜‚๐—บ: ๐—” ๐—ง๐—ฒ๐—น๐—น๐˜๐—ฎ๐—น๐—ฒ ๐—ฆ๐—ถ๐—ด๐—ป ๐—ผ๐—ณ ๐—š๐—ฟ๐—ฒ๐—ฒ๐—ฑ

Enter Zcash. A privacy coin with some significant, and very telling, compromises:

1. ๐™๐™๐™š โ€œ๐™๐™ค๐™ช๐™ฃ๐™™๐™š๐™งโ€™๐™จ ๐™๐™š๐™ฌ๐™–๐™ง๐™™โ€: 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. ๐˜ผ ๐˜ฟ๐™€๐™‘ ๐™๐˜ผ๐™“.
2. ๐™๐™ง๐™ช๐™จ๐™ฉ๐™š๐™™ ๐™Ž๐™š๐™ฉ๐™ช๐™ฅ: Its initial setup required a โ€œceremonyโ€ 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. ๐™ป๐š’๐š–๐š’๐š๐šŽ๐š ๐š‚๐šž๐š™๐š™๐š•๐šข: Crucially, Zcash mimics Bitcoinโ€™s hard cap of 21 million coins.


And here we find the heart of the conspiracy. The OGs donโ€™t champion Zcash because itโ€™s technically superior; they champion it because its economic model ๐—ฝ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜๐˜€ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฒ๐˜…๐—ถ๐˜€๐˜๐—ถ๐—ป๐—ด ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐˜„๐—ฒ๐—ฎ๐—น๐˜๐—ต.


๐—ง๐—ต๐—ฒ ๐—š๐—ฎ๐—บ๐—ฒ ๐—ง๐—ต๐—ฒ๐—ผ๐—ฟ๐˜† ๐—ผ๐—ณ ๐—ฎ ๐—š๐—ฅ๐—˜๐—˜๐——๐—ฌ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป๐—ฒ๐—ฟ๐—ข๐—š

Greedy sneaky mind of an early Bitcoin adopter sitting on a fortune:

๐™๐™๐™š๐™ž๐™ง ๐™‚๐™ค๐™–๐™ก: Preserve the purchasing power of their BTC stack. Not to create the best monetary system, but to ensure their early adoption pays off maximally.

๐“๐ก๐ซ๐ž๐š๐ญ #๐Ÿ (๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ): they know their wealth, sitting on a public ledger, is at risk from future wealth confiscation, punitive taxes, or regulation. They *desperately* need privacy.

๐“๐ก๐ซ๐ž๐š๐ญ #๐Ÿ (๐ƒ๐ข๐ฅ๐ฎ๐ญ๐ข๐จ๐ง):

๐™ฐ ๐š—๐šŽ๐š , ๐š๐š›๐šž๐š•๐šข ๐š๐šŽ๐šŒ๐šŽ๐š—๐š๐š›๐šŠ๐š•๐š’๐šฃ๐šŽ๐š, ๐š™๐š›๐š’๐šŸ๐šŠ๐š๐šŽ, and *predictable issuance* coin like ๐—š๐—ฟ๐—ถ๐—ป ๐—ฝ๐—ผ๐˜€๐—ฒ๐˜€ ๐—ฎ๐—ป ๐—ฒ๐˜…๐—ถ๐˜€๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐˜๐—ต๐—ฟ๐—ฒ๐—ฎ๐˜.

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.

๐™๐™๐™š๐™ž๐™ง ๐™ˆ๐™ค๐™ซ๐™š: They need a privacy solution that neutralizes Threat #1 without activating Threat #2.

๐™•๐™˜๐™–๐™จ๐™ ๐™จ๐™๐™ž๐™ก๐™ก ๐™ž๐™จ ๐™ฉ๐™๐™š ๐™ฉ๐™ค๐™ฎ: It provides the **optional** privacy they need to shield their own wealth from governments, while its hard-capped supply ensures it can never challenge Bitcoinโ€™s 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.
( ๐˜ผ ๐™™๐™š๐™จ๐™ฅ๐™š๐™ง๐™–๐™ฉ๐™š ๐™–๐™ฉ๐™ฉ๐™š๐™ข๐™ฅ๐™ฉ ๐™ฌ๐™ž๐™ฉ๐™ ๐™†๐™”๐˜พ ๐™–๐™ฃ๐™™ ๐™ค๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ๐™–๐™ก ๐™ฅ๐™ง๐™ž๐™ซ๐™–๐™˜๐™ฎ)


๐™‚๐™ง๐™š๐™š๐™™๐™ฎ ๐™ง๐™ž๐™˜๐™ ๐˜ฝ๐™ž๐™ฉ๐™˜๐™ค๐™ž๐™ฃ๐™š๐™งs are in ๐—ฃ๐—ฎ๐—ป๐—ถ๐—ฐ


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.

๐˜›๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐˜ฑ๐˜ณ๐˜ฐ๐˜ท๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ข๐˜ญ๐˜ญ๐˜ฆ๐˜จ๐˜ช๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ๐˜ต ๐˜ต๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜บ๐˜ฑ๐˜ฉ๐˜ฆ๐˜ณ๐˜ฑ๐˜ถ๐˜ฏ๐˜ฌ ๐˜ช๐˜ฅ๐˜ฆ๐˜ข๐˜ญ๐˜ด ๐˜ฐ๐˜ง ๐˜ง๐˜ณ๐˜ฆ๐˜ฆ๐˜ฅ๐˜ฐ๐˜ฎ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ณ๐˜ช๐˜ท๐˜ข๐˜ค๐˜บ ๐˜ง๐˜ฐ๐˜ณ ๐˜ข๐˜ญ๐˜ญ.
๐˜๐˜ต ๐˜ช๐˜ด ๐˜ต๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ณ๐˜ท๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ฑ๐˜ณ๐˜ช๐˜ท๐˜ช๐˜ญ๐˜ฆ๐˜จ๐˜ฆ๐˜ฅ ๐˜ฑ๐˜ฐ๐˜ด๐˜ช๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ธ๐˜ช๐˜ต๐˜ฉ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฆ๐˜น๐˜ช๐˜ด๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ค๐˜ณ๐˜บ๐˜ฑ๐˜ต๐˜ฐ ๐˜ฉ๐˜ช๐˜ฆ๐˜ณ๐˜ข๐˜ณ๐˜ค๐˜ฉ๐˜บ.

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: *๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ถ๐˜ƒ๐—ฎ๐—ฐ๐˜† ๐—ถ๐˜€ ๐—น๐—ฒ๐˜€๐˜€ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜ ๐˜๐—ต๐—ฎ๐—ป ๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐˜€.*

The great betrayal is complete.

๐˜›๐˜ฉ๐˜ฆ ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ ๐˜–๐˜Ž๐˜ด ๐˜ข๐˜ณ๐˜ฆ๐˜ฏ'๐˜ต ๐˜ญ๐˜ฆ๐˜ข๐˜ฅ๐˜ฆ๐˜ณ๐˜ด ๐˜ฐ๐˜ง ๐˜ข ๐˜ณ๐˜ฆ๐˜ท๐˜ฐ๐˜ญ๐˜ถ๐˜ต๐˜ช๐˜ฐ๐˜ฏ; ๐˜ต๐˜ฉ๐˜ฆ๐˜บ ๐˜ข๐˜ณ๐˜ฆ ๐˜ซ๐˜ถ๐˜ด๐˜ต ๐˜ข๐˜ฏ๐˜ฐ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ ๐˜ค๐˜ญ๐˜ข๐˜ด๐˜ด ๐˜ฐ๐˜ง ๐˜ธ๐˜ฆ๐˜ข๐˜ญ๐˜ต๐˜ฉ๐˜บ ๐˜ฆ๐˜ญ๐˜ช๐˜ต๐˜ฆ๐˜ด, ๐˜ฑ๐˜ณ๐˜ฐ๐˜ต๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ต๐˜ถ๐˜ณ๐˜ง.

๐˜›๐˜ฉ๐˜ฆ๐˜บ ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ญ๐˜ฐ๐˜ฐ๐˜ด๐˜ฆ ๐˜ต๐˜ฐ ๐˜ฅ๐˜ฆ๐˜ค๐˜ฆ๐˜ฏ๐˜ต๐˜ณ๐˜ข๐˜ญ๐˜ช๐˜ป๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜ต๐˜ณ๐˜ถ๐˜ด๐˜ต ๐˜ฎ๐˜ช๐˜ฏ๐˜ช๐˜ฎ๐˜ช๐˜ป๐˜ฆ๐˜ฅ ๐˜ฑ๐˜ฆ๐˜ณ๐˜ฎ๐˜ช๐˜ด๐˜ด๐˜ช๐˜ฐ๐˜ฏ๐˜ญ๐˜ฆ๐˜ด๐˜ด, ๐˜ญ๐˜ช๐˜จ๐˜ฉ๐˜ต๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต ๐˜ด๐˜ค๐˜ข๐˜ญ๐˜ข๐˜ฃ๐˜ญ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ช๐˜ท๐˜ข๐˜ค๐˜บ 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 ใƒ„ to them.