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RE: Z-CASH is probably a Scam!

in #money8 years ago

The zero-knowledge proof required trust in the setup, and multiple setup keys have supposedly been discarded as "toxic waste" and almost certainly were. This will be a persistent issue with the protocol, but doesn't make it a scam. Ironically, billions already participate freely in a monetary system that IS a proven scam - fiat money. If you have concern about Zcash, you don't need to use it. Stick to Bitcoin.

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Yeah but no fiat currency crashes 99% in 1 day, not even the Zimbabwean hyperinflated dollar.

if you use fiat, you're just helping the rich globalist bankers