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RE: Zcash could be partially adopted in Venezuela. What does this mean for it’s price?
Honestly, I think Edward Snowden either made a poor choice and/or was paid when he endorsed Zcash - but maybe that's just me.
Second, Zcash won't be endorsed or backed by the Venezuelan government; it is just that it could become a large on/off ramp for money coming in and out of Venezuela. I think they'd allow it to happen because it would succeed where the petro failed.
Why? Zcash is not so secure?
What then, Dash and Monero?
If you really do some digging you can find a lot of reasons why not to use Zcash, some of it legitimate and some of it conspiracy. But I'm mainly concerned for 2 reasons:
A: Because it had some potential vulnerabilities when it was set up, and it may not be as secure as people think if there was any corruption by the devs. You might want to check out this article and this one too.
B: There may be a backdoor accessible by the devs and/or government. Could it be just an idea, a de-anonymization backdoor, or something else?
just read those articles, the tweet was the most troubling, thanks for the links.