Why ZCash CRASHED Over 30% in 1 Day (Mert)

Summary

Mert joins Thread Guy to rebut the viral narrative that Zcash developers left and the team cashed out, explaining that the Electric Coin Company moved from a nonprofit structure to a tech-startup structure while keeping the same engineers. He argues the restructuring is positive for Zcash development, capital raising, hiring, and market-driven shipping, and highlights Tachion's scaling and quantum-privacy work. The latter half covers the vibe-coding renaissance, AI coding tools, and implications for startups, venture capital, and software competition.

• Zcash sold off after a viral thread claimed its devs left and the team cashed out.
• Mert says the real change was ECC moving from a nonprofit to a tech-startup structure with the same engineers.
• He views the restructuring as bullish because it removes bureaucracy and improves capital raising, hiring, and product shipping.
• Tachion's Sean Bo is cited for plans to scale Zcash and make privacy quantum-resistant.
• Mert says Zcash's chain and monetary properties were unchanged by the restructuring.
• The conversation shifts to Opus 4.5 and the vibe-coding renaissance.
• Mert expects vibe coding to increase software founders and competition, changing venture capital and startup formation.
• He is cautious about one-size-fits-all monetization for AI-built software.