most problems arise from man's unwillingness to put in work but demanding the outcomes of that work ...

> zcash deemed dead for years, largely because of awful governance> gov structure shows signs of change> project skyrocketsvitalik: this is worse than before actuallyzetardiovitalik.eth (@VitalikButerin):I hope Zcash resists the dark hand of token voting.Token voting is bad in all kinds of ways (see https://t.co/Cvl7CFVgtc ); I think it's worse than Zcash's status quo.Privacy is exactly the sort of thing that will erode over time if left to the median token holder. ...

btw, zcash is literal proof of my point> project deemed dead for years> gov structure shows signs of change> project skyrocketsvitalik: this is worse than before actuallyzetardio ...

RT Sean Bowe (@ebfull)There is probably no better way to convince a bunch of freedom loving capitalists to support Zcash than to publicly lament that those people will then be able to steward privacy technology by rewarding productivity.THV is *extremely* good actually. ...

RT Akshay BD (@akshaybd)even if well intentioned, decision-making by committee reliably drags everyone into peak bureaucrat mode ...

something that's kind of depressing is that almost none of your ideas are really yoursmost of my ideas are some weird mix of the views of thiel, taleb, and deutsch with a hint of brain damage, articulated much worsehumans really are just parrots 99% of the time ...

the number of startups working on privacy has effectively 10x'd since we started and you think I'm gonna stoplmaotrillionsMason Nystrom (@masonnystrom):Startup categories that are very crowded right now:1) Prediction markets (aggregators, long tail markets, verticalization, etc.)2) Privacy - ZEC revitalizing a value proposition of privacy.3) Stablecoin neobanks and agentic payments - tons of neobank players with real ...

yea let's instead elect our friends to make decisions they're not accountable for while having nothing to lose and reporting to no onezetardiotoken voting *is flawed*, but markets learn and convergecommittees are reliably masturbatory and do not learnsee: all of historyWhale Insider (@WhaleInsider):JUST IN: Vitalik Buterin says he hopes $ZEC will avoid adopting token-based governance, arguing that token voting is flawed and could erode core values like privacy. https://t.co/8M2fuPCWsc ...

also note how vitalik is saying simultaneously that THV is bad because top holders get more influence AND also saying that it is bad because the median token holder voter gets influencefreudian slip?literally implies that anyone who actually holds the coin is stupid lol https://t.co/dogbnAd3zK ...

it's 2025 and we are still arguing for committees over marketsthis is the most dangerous idea in governance, whether countries or blockchainswe have not learned our lessons from history, so allow me:- the question is not whether market voting is good or whether committees are bad- we *know* that all systems are imperfect and have their flaws- the question is: given we know that all systems are imperfect and full of errors, which system exposes its errors to criticism and correction?- this is the question th ...