EDUCATION

Zcash Book Club

Zcash Book Club: Promoting educational foundation for liberal democracy and economic freedom. Financial, historical, and consent education. Next book: "Cyber Privacy" by April Falcon Doss. Learn and support!

June 29, 2022· 3 min read
30.3 score

🛡️🦓📚

**Insatiably curious? Read books.
**
Mission Statement:

To promote a well rounded educational foundation as it relates to the underpinnings of true liberal democracy and to fight for Economic Freedom for All.

Education on the importance of consent.
Ex.
Big data has effectively hacked the minds of citizens. Cambridge Analytica is an example. Just because Cambridge Analytica no longer exists does not mean big data has stopped being leveraged against world citizens for various reasons; politics is still one among many.

Financial Education
Ex. 1 Data brokerage industry worth $200B;
Ex. 2 Collateral shortage, liquidity, etc. Friedman, Keynes, Hayek, Jeff Snider/Emil Kalinowski, Luke Gromen, etc.

Historical Education
Ex. 1 ***"Ways may someday be developed, by which the government, without removing papers from secret drawers, can reproduce them in court, and by which it will be enabled to expose to a jury the most intimate occurrences of the home."

-Justice Brandeis
Nov 13, 1856 - Oct. 5, 1941***

The word "government" could easily be substituted with "Big Tech data brokers" in the 21st century.

Ex. 2
"In 1941, a decree was issued requiring all Jews to register at their local Census Office. For decades, the Dutch had naively collected data on religion and other personal details, aspiring to have a comprehensive system that could follow each person 'from cradle to grave'. Lentz and his team used the Hollerith machines and all the information available to them to make it easier for Nazis to track down people."

  • "Privacy is Power" by Carrissa Véliz

Next book might be "Cyber Privacy" by April Falcon Doss, or maybe another book.

I am employed full time so, book reviews/citations/etc and other content will come as fits in between work and family.

Would like to start video content but that would require more time. Currently working on something though...

Very long Vision Statement (Fantasy, but hey, the world runs on dreams and narrative):

Data could become a fountain of growth and prosperity for all. Please indulge my vision...

Zcash, as I understand it, is ultimately a super-duper encrypted communication infrastructure with global "moneyness" neutral reserve potential.

I'm not a banker, not in finance... But as I understand it the current banking system utilizes CHIPS (domestic), Fedwire (domestic), and SWIFT (global) as it's communication/ledger infrastructure. Very, very old systems. Newer versions of these same systems are now being used in Russia and China (and maybe includes India) but the reality is that these systems are no different than SWIFT; they are simply different sovereign powers centralizing financial communications - but these systems are still totally sanctionable.

Zcash or layered solutions built on top of Zcash, possesses the ability to replace outdated infrastructure for some of the banking system of the world. There is real value to secure, neutral settlement/communication infrastructure.

If Zcash became considered a neutral reserve asset of some sort (optionality outside of current communication/settlement infrastructure, diversified away from SWIFT, CHIPS, Fedwire, SPFS, CIPS, etc.; providing secure infrastructure utility for some transactions, optional ledger/payment rails... here's a wild idea... then central banks of countries could replace some of the BTC they hold with ZEC. It would generate a positive feedback loop.

👉 Potentially consistent level of demand for ZEC
👉 World citizens can benefit with private cash which will experience halvings or maybe convert to PoS for deflationary effects over time
👉 As a neutral reserve asset outside of the current financial system, but providing utility to the current financial system, with deflationary price appreciation over time, ZEC becomes a type of derivative to hedge against potential trade dispute/sanctions - thereby freeing societies to access liquidity without fear of sanction repercussions.
👉 Because central banks hold ZEC in this fantasy world, they could then utilize the asset as a means of tier 2 collateralized capital or something.

If all that is too much or crazy talk just ignore it. I'm gonna be doing some content on books.

Any support is greatly appreciated 👍

Twitter: ZcashBookClub @TheZonp
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Live long, and prosper.

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