固定されたツイート
Moshe Nathanim 🛡️
3.8K posts
@TomZarebczan @valemadeit @RobinhoodApp No, you can't actually buy it, withdraw and shield. No zec wallets or reserves. A scam.
English
@valemadeit @RobinhoodApp Can you actually buy it? Withdraw to shielded address support?
English
let’s go @RobinhoodApp listed zcash:native
i now have no need for coinbase
i’m deleting the app actually and buying zcash:native on robinhood
also just ordered a robinhood credit card
this is THE super app of finance
English
@RobinhoodApp Why you can't send/receive zec? It seems that you are running just a paper IOUs. Sounds scammy to me. I think you guys are non genuine, thus flagging you in my internal world as scammers. I wouldn't recommend anyone to buy/sell with you as you don't hold any zec reserves.
English
@Zerodartz @IAMSTACKMASTER So the button is there, but you can't actually send/receive...
GIF
English
askin for a friend
does anyones robinhood app allow withdrawing ZEC?
English
@zodl_zcash @zooko No (my opinion). I honestly don't see at this point any way to replicate what zcash is. Both technologically and community wise. You have the best devs working in distributed teams and some hardcore zodlers who value the work that's being done by those devs. Not replicable.
English
Do you see what is happening with Zcash?
It is becoming as accessible and widely integrated as Bitcoin across protocols, DEXs, and CEXs.
And when a coin becomes that deeply integrated, what happens when AI agents start searching for the best medium of exchange?
Unless they are explicitly told to use Bitcoin, they will naturally move toward the asset with the easiest market access, faster settlement, stronger privacy, and the best ability to compete in an automated economy.
That asset is Zcash.
Zcash is the agentic medium of exchange.
Zcash is the “AI coin” agents will use.
English
no clue wat dis magic is but every time i communicate with Zcashers i feel positive bout humanity future
and they are just pure gud ppl dat are easy to feel a true connection - weird sorcery
English
buying Zcash on Robinhood is like losing your virginity to a prostitute
Robinhood@RobinhoodApp
$ZEC is now available to trade on Robinhood Crypto, including NY.
English
I don't like customer data sellers and IOUs pretending to be the thing. So, not super excited for this listing.
English
One is a proof of concept. The other is the final product. You better figure out which is which.
English
So, to recap, the sentiment on the TL is:
- DeFi is dead: don't bother with it, don't deposit anywhere, 'just use aave' is dead, off-ramp and at best park with ibkr or coinbase
- The age of crypto is over: we're no longer early, it's the instutitionals era, coins have infinite price-insensitive sellers, and retail isn't coming to buy your bags
- Onchain is dead, especially on solana, because of pvp tards that rush to outdump each other on 30k market caps. The only true runners are flukes on ethereum that are old and have no gen z to control its supply and is reliant on elon tweets.
- The handful of projects that were considered investment-worthy are either not (aave, for example) or are already adequately priced (hype, zec). there are a few silent runners like $morpho but not many and low volume.
- GameFi is dead. SocialFi is dead. L2s are barren. Financial activity only exists to farm points.
Did I miss anything? Is anyone excited about anything? Something?
If you're reading this - why are you still in crypto?
English
@elonmusk You can check Silvio Gessel ideas and the Worgl experiment (actually tested due to high unemployment). It's not UHI, but you'll get the idea and how it might work.
English
Elon Musk's proposal of 'universal high income' to combat AI job losses baffles economists: 'So wrong on this' trib.al/OMUOuCz
English
I feel like I'm really coming full circle in my crypto journey.
Started at being interested in BTC being decentralized money.
Thought ETH's programmable money was fascinating.
Thought SOL felt like magic to use.
At this point I have a hard time recommending friends to put money into DeFi/stables at all.
Stables have depegged.
DeFi get's hacked.
The reward used to be higher returns, but today you get higher returns on USD in the bank for a fraction of the risk.
I think a caveat is potentially citizens outside of the US who want access to dollars. Which is a real use case, but not very inspiring or magical as this space used to feel. This path disrupts nothing. The system remains as it is, and I'm not really excited about that.
The difference for me between a stablecoin and money in the bank is just simply shifting my bank to the "bank of stablecoin". The same risk in that the money is not truly yours and you must trust those entities.
You can also sprinkle some extra risk on top if you want to earn a bit of yield by also trusting a DeFi protocol to safeguard your funds. Really just the exact same system as before in almost all meaningful ways.
So my interest in certain areas is waining a bit. I've come full circle back to decentralized money, although now with zcash as the focus. It's the only place I still feel the magic of potentially disrupting how the system currently works.
TL;DR = my relationship with crypto is zcash or bust
Aave@aave
The rsETH markets on Aave V3 and Aave V4 have been frozen. Aave's contracts have not been exploited and this is an exploit related to rsETH. The freeze follows an exploit of the Kelp DAO rsETH bridge. Freezing the rsETH markets prevents new deposits and borrowing against rsETH collateral while the situation is assessed. We are reviewing information about rsETH borrows on Aave that occurred after the exploit and will share more details as soon as possible. If the protocol accumulates bad debt from this incident, we'll explore paths to offset the deficit.
English
@jeremiahrogers True but the context is different. As I holdt through both moves, now the tide is different on a fundamental level. Then it was highly experimental(first ever zk real world implementation), there was mania on the market, inflation was extremely high, z2z was impractical etc, etc
English
Not much of a technical analysis guy, but I will say...
The last few months of $ZEC price action look a lot like 2017-2018 (first chart)
I also expect the (second hourly chart) that the two massive gaps-up in price could be retested.
Basically, price often needs to grind up for people to be confident. Massive gaps-up often lead to reversals.
Shielded pool is down a very small amount (from 31.1% to 31%) in my latest metrics. Holding strong.
English
Moshe Nathanim 🛡️ がリツイート
Starting a 12-session guided reading of the Zcash Protocol Specification.
Session 1: "What Problem Does Zcash Actually Solve?"
Tuesday April 21 with @nate_zec.
🧵
luma.com/ahwthgyr
English
@Cryptopathic This proposal reminds me of the DAO in 17'. And how every bitcoiner was bashing Ethereum for this. How time changes, eh?
English
Two narratives here.
The rules of a network are never truly immutable. They are a projection of the social attitude of its participants. Being able to adapt a network in order to survive is not necessarily a betrayal of its values; it is evolution. It is the best of a bad situation. But, at the same time...
The capital class will wear your values as a skinsuit in order to extract from you so long as it is in their interest to do so. Idealists will be gut checked. Funds are not going to lose billions of dollars so Bitcoin can remain pure - they will just walk through you, and then they will invent a post-hoc justification for what was done so that the passive flows keep flowing.
English
BIP-361 is inevitable. The vaunted censorship-resistance of Bitcoin will be sold out in the blink of an eye to protect the liquidity of institutional funds. It is a big, simple button that immediately solves the problem AND has the added bonus of removing supply.
There is a lot of anger from the community today that it could even be considered, which makes me think there will be another hardfork where these guys become the new Bcashers holding onto trampled values. What do you think friends?
English