Zcash is the gamestop revenge trade on steroids. a revenge against everything:
-corrupt govs and surveillance states
-banksters
-vc slop and hedge funds that have polluted this space
-bitcoin (hello, IBIT??? hello Core???) and crypto in general that has largely abandoned its cypherpunk ideals
privacy coins have the edge that VCs and large funds are too scared to buy for legal reasons
so no one can use institutional size to dump on you
combine that with 8 year PoW distribution and this is one of the few times where the individual, not the institution, has an edge
as crypto gets captured more and more by institutions this seems like one of the only times where the individual has the edge.
using Zcash as a revenge trade creates an institutional catch-22. when retail drives the price higher, the institutions have two choices:
1. "stay sidelined and leave all the profits to retail"; or
2. "get regulatory clarity for privacy and be front-run by retail."