IgnusAlpha
67 posts

IgnusAlpha
@IgnusAlpha0
Polymarket Bot Quant, sharing my journey along the way.







"why do people like Zcash now when they didn't before?" dear noob, allow me to reframe your question: "why are people updating their minds based on new information and evidence they previously didn't have?" this is how a functioning human brain works shalom








first, money was gold then, the state replaced it with paper after, satoshi created digital gold, bitcoin this was a big improvement, but it was missing a core trait of real gold fungibility a core property of gold is that it's fungible; you can interchange it with other gold but once you add serial numbers and tracking, you can diminish the value and cancel it based on its history in other words, without privacy, you can not get fungibility, and hence you can't fully replicate gold money at internet-scale this wasn't Satoshi's fault, he wanted to add this the reason it wasn't added is that we did not have the technology to make this a reality back then (ZK) we have the technology now unencrypted money is a bug














