*Laughs in libertarian, privacy advocate, and long time
$ZEC holder*
I’ve spent years studying, defending, and investing in ZEC because I genuinely believe privacy matters and because I appreciated the technology and monetary model behind it.
The issue many maxis are missing is that Ironwood doesn’t make potential counterfeit claims disappear. It simply accelerates reconciliation.
If the Orchard bug was exploited, someone ultimately absorbs that discrepancy. The common response is that dormant balances or lost funds will cover the gap.
Maybe.
But the entire reason we’re having this discussion is that there is no way to prove that inside a shielded environment.
I still appreciate the technology.
I still appreciate the mission.
But pretending this hasn’t damaged one of the core assumptions behind the investment thesis, at least in the short term, isn’t analysis.