Ok but what about the trusted setup? If I understand it correctly, any code can be passed into it that could create hidden inflation, or so I read on a blog that debunked it.
The zero-knowledge proof required trust in the setup, and multiple setup keys have supposedly been discarded as "toxic waste" and almost certainly were. This will be a persistent issue with the protocol, but doesn't make it a scam. Ironically, billions already participate freely in a monetary system that IS a proven scam - fiat money. If you have concern about Zcash, you don't need to use it. Stick to Bitcoin.
Ok but what about the trusted setup? If I understand it correctly, any code can be passed into it that could create hidden inflation, or so I read on a blog that debunked it.
The zero-knowledge proof required trust in the setup, and multiple setup keys have supposedly been discarded as "toxic waste" and almost certainly were. This will be a persistent issue with the protocol, but doesn't make it a scam. Ironically, billions already participate freely in a monetary system that IS a proven scam - fiat money. If you have concern about Zcash, you don't need to use it. Stick to Bitcoin.
Yeah but no fiat currency crashes 99% in 1 day, not even the Zimbabwean hyperinflated dollar.
if you use fiat, you're just helping the rich globalist bankers