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ZCASH IS A SHITCOIN Zcash is the only so-called privacy chain that launched with a built-in siphon straight to insiders through the infamous Founders Reward. From day one, a slice of every block quietly flowed to VCs, early investors, and the Electric Coin Company. That’s a premine. wrapped a venture-capital payout scheme inside “cryptography” and called it innovation. They love to sell you on privacy, yet most users never touch shielded transactions. The majority of the chain is transparent, and the small private set only makes real anonymity weaker. It became the perfect structure for a pump and dump dressed as academic research. Ask yourself why a real privacy project would rely on a perpetual tax that enriches the same centralized teams. Ask yourself why the founders reward was quietly extended under new names. Ask yourself why usage keeps collapsing while marketing keeps inflating. There is no permissionless neutrality. No real decentralization. No broad adoption. Just a VC-engineered machine that extracts value from believers while pretending to be a breakthrough. Zcash is peak shitcoin theater.