Cypherpunk
Public Company, Privacy & Self-Sovereignty, Zcash
Gold-making machines are real, undermining gold's scarcity. Gold goes to zero; unlike Bitcoin, whose supply is fixed at 21 million, new gold can be made. x.comÂ
Marathon Fusion's claim that it made stable gold from mercury is a reason to prefer Bitcoin to gold. The company says the demonstration beat CERN's record by a factor of 10. Sell gold and buy Bitcoin. x.comÂ
Central bank reserves will never let gold fade. That is the answer to @legitamit's concern about gold's eventual risk after Marathon Fusion's claim of turning mercury into gold. x.comÂ
Marathon Fusion's reported gold-from-mercury demonstration sets up what should be an amazing liquidity flow from gold to Bitcoin. The company says it made stable gold at ten times CERN's previous record. x.comÂ
Zcash's privacy is its lasting edge because bank accounts may never become private, while quantum resistance should become a requirement for all survivors. Its public transactions make institutional integration easier than Monero's, giving it a larger potential market. Monero has value and is probably oversold, though FCMP++ has no clear timeline. Institutions' comfort with Zcash could fade if governments clamp down. x.com x.com x.com x.com x.com x.comÂ
Gold faces confiscation risk that Bitcoin held through memorized seed words may avoid. Americans had to surrender gold for $20.67 an ounce in 1933; a year later it was priced at $35. That risk does not overturn owning both. x.comÂ
Bitcoin benefits as the risk of creating gold through alchemy has entered public consciousness. That perceived threat to gold's scarcity supports a long Bitcoin position as a persistent theme. x.comÂ
Gold will see a diamond-like price decline if lab-grown gold takes hold. The quoted post says lab-grown diamonds halved diamond prices since 2016; gold is currently the largest asset class on Earth, so its money moving into Bitcoin could be consequential. x.comÂ
Gold is set to take off as energy-driven stagflation traps the Fed and negative real rates favor it. Today's dovish hold was likely its last chance to hike: once the AI bubble bursts, the Fed loses that option, while current debt-to-GDP rules out Volcker-style hikes without fiscal insolvency. Per Macrotrends' chart, gold rose eightfold from its 1976 low to its 1980 high, equivalent to $32,000 gold over five years in today's terms. x.com x.com x.comÂ
Zcash's store-of-value narrative is more valued than revenue-linked privacy applications for now. Revenue-generating tokens could outperform once trust is established, but privacy store-of-value tokens remain the preferred narrative today. x.com x.comÂ