Raoul Pal interviews Mert Mumtaz about the importance of privacy in cryptocurrency, particularly focusing on Zcash. Mert explains his journey into crypto, his work with Solana, and his passion for Zcash, highlighting its unique privacy features compared to other cryptocurrencies like Monero. He emphasizes that Zcash uses encryption to ensure complete invisibility of transactions, addressing a critical gap in the original vision of crypto, which was started by cypherpunks who valued privacy. The conversation covers the potential for Zcash to appeal to Bitcoiners, the challenges of regulatory hurdles, and the practicalities of buying and using Zcash for everyday transactions, ultimately positioning it as an essential tool for financial privacy in an increasingly transparent digital world.
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