Jeremiah
@jeremiahrogers
Independent Analyst | ex-Meta, Flexport, Fin | Building
810 Following 1.9K Followers
A voluntary arrangement between consenting adults.
IDK how a person can be a freedom maximalist and against this.
Just don't participate if you don't like it.
Over time a private SOV should attract capital.
We can see this in a new analysis mapping NEAR swaps across assets.
Relative to its market cap, Zcash is more than 18× over-weighted in its centrality in the swap graph.
So people aren't swapping to Zcash randomly because it's a common asset. They are picking it for some other reason. Likely speculation or privacy.
If my thesis plays out I expect Zcash to become an even larger attractor of capital as it's price stabilizes/grows.
More details at the link.
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More than half of Zcash appear to be in "long term storage."
- In the transparent pool 30.4% of coins have not moved in more than a year
- 20% have not moved in more than 3 years.
- 30.8% are in the shielded pools
Either way you add these two numbers up (20% + 30.8% or 30.4% + 30.8%) you end up at more than half.
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