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Found this good post on GoyimX: ZEC (establishment) vs XMR LOL watching the timeline argue $ZEC vs $XMR is hilarious zcash is a fund backed, regulator approved chain. monero was built from the ground up with nobody's fund behind it. ive been telling you this for years. here are the receipts so you dont have to take my word for it who paid for zcash - 2016: the zcash company raised $3M. the investor list on their own blog includes Digital Currency Group, Barry Silbert, Roger Ver, Fenbushi, Erik Voorhees and Fred Ehrsam. that round priced it around $15 a coin - 10% of all ZEC mined in the first 4 years went to founders, investors, employees and the company. since 2020, 20% of every block goes to dev funds and a lockbox, not to miners.. who approved it - 2017: JPMorgan built zcash's zero knowledge tech into its own bank blockchain, Quorum - 2018: New York's financial regulator approved it for Gemini, the Winklevoss exchange. first licensed zcash exchange in the world - 2024: Binance put the same risk warning on monero and zcash. monero got delisted. zcash added a new address type so exchange deposits stay transparent, and Binance pulled its warning label in july 2025 - jan 2026: the SEC closed its zcash probe. no action who's pumping it - oct 2025: @mert from Helius posts a $1,000 ZEC call - nov 2025: Winklevoss leads $58.88M into a zcash treasury company (Leap Therapeutics, renamed Cypherpunk) - mar 2026: the ex zcash dev team raises $25M+ from Paradigm, a16z, Coinbase Ventures and Winklevoss Capital - aug 2026: Grayscale lists a zcash ETF on the NYSE, $ZCSH. 2.5% fee, every year. Coinbase holds the coins, BNY Mellon keeps the books - sept 2026: Grayscale's parent is DCG. the same DCG on the 2016 investor list. its SEC filing shows DCG swapped 85,705 ZEC into the ETF, about $100M read that again. in around $15 a coin in 2016. ZEC is around $1,200 today. and now they sell it to you through an ETF with a 2.5% toll who's holding the bag - DCG: in around $15 - the Winklevoss treasury company: 323,394 ZEC at about $342 average - you, buying the ETF: $1,000+, minus 2.5% every year the "privacy" only about 29% of ZEC supply is shielded. the other 71% sits out in the open - 2018: they found a bug that could have let an attacker print unlimited fake ZEC. 4 employees knew. they kept it quiet for 11 months - 2026: another one. a hole in the shielded pool, open since 2022. they switched the pool off, patched it, then replaced the whole pool in july - next: an upgrade planned for nov 5 shuts the oldest private pool for good. about 22,309 ZEC still sitting in it gets stuck privacy that can be switched off with an upgrade is a feature flag, not privacy monero launched april 2014. no premine. no ICO. no VC round. no founders cut privacy is on for every transaction. its not a setting mined on normal CPUs, funded by community donations Binance delisted it. the IRS paid two firms up to $625K each to try and crack it one of these gets delisted and hunted by the IRS. the other gets a bank partnership, an ETF and a custody desk ask yourself why zcash is a funds extraction play. monero has been around for years, built from the ground up, tried and tested, dont get played!
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