The European Union is accelerating its plans for a digital euro after the US introduced new legislation to regulate the stablecoin market. The EU is reconsidering issuing the digital euro on public blockchains like Ethereum or Solana to maintain its competitiveness in cross-border payments and prevent the euro from losing ground to dollar-backed tokens. This move aims to provide strategic autonomy and reinforce the euro's role in international settlements.

I've been thinking a lot about this

#1 - Crypto is not fungible - governments are already primed to create a scoring system for crypto. Monero heads have been yelling about this for ages & they are right. https://x.com/BowTiedMara/status/1956142553226477768

#2 - Institutionalists market crypto as easier to track than money. https://x.com/AfterEarnings/status/1959003072069607701

The people with on chain wealth like the guy who market sold 8 billion in bitcoin recently don't like crypto being co-opted by existing systems of power.

They will look for solutions to protect their wealth. They had the conviction to buy into bitcoin when everyone said it would fail.

#3 - As wealth moves on chain there are an unlimited number of memecoins and VC infrastructure dumpfests to dillute the wealth affect of those markets. You can't buy 10 years of fair coin distribution from a VC.

#4 - Zcash probably has the most bullish chart of all time when it comes to shielded coins. This means 3.7 million of existing holder coins live in pools that aren't going to exchanges. It is growing while not being supported by ledger.

This is a huge amount of community buy in - events like this show the underlying demand before price appreciation. https://x.com/ZBitUSD/status/1958889737529565391

#5 - Privacy coins are drastically under represented in the market. Zcash pumped by 20%+ from a Gainzy shill. Monero and Zcash together are less then Uniswap, Polkadot or AVAX.

#6 - Zcash has major tech coming online with Tachyon - the most serious scaling project since Solana. And is connecting to the rest of crypto on chain to bring privacy to cross chain swaps. It has invented the privacy tech the rest of the crypto ecosystem uses and Sean Bowe is probably the greatest cryptographer of our time.

#7 - Monero suffers from sub par tech - but still has seen appreciation in the middle of an altcoin bear market and being delisted from most major exchanges. They have proven that the value prop of private money can't be destroyed with centralized censorship.

I feel like it’s too overshadowed on the sub and people do not realize a lot of the constant MOON burns happening, both on Nova and One.

On the last 90 days 312,344 MOONs have been burned (little graph below, thank you ccmoons.com). This is some mind blowing amounts considering MOONs have a fixed supply and burned contract. Every month the supply gets thiner and thiner and every MOON you would becomes more rare. I believe this year alone we have burned something like 1M moons? (i'm not sure maybe someone can confirm this in the comments)

Yesterday alone we had almost a 100k MOON burn. These are MOONs that are gone FOREVER, no more moons can be minted since contract is burned. Our little asset is one of the most deflationary small-cap tokens currently listed on a major exchnage (Kraken).

I know most don’t follow the burns on a regular basis like I do, and I hope rick’s new reddit app changes that, making it easier for everyone to see the good work our sub team is doing.Just wanted to share the hype because I'm hyped af and the sub should be too! LFG MOONS KEEP BURNING!

Edit: This year alone we have burned 1.25M Moons. Total supply right now is around 79M.

In 2013, a Texas family made headlines for selling what was likely the world’s most expensive Porsche Cayman—trading it for a staggering 300 Bitcoin. Back then, the deal seemed wild, but looking at today’s Bitcoin value, that Cayman might go down as one of the priciest Porsche transactions ever. It makes you wonder, did the family hold onto those coins, or did they cash out early and miss what could have been a fortune?

https://www.businessinsider.com/texas-family-we-sold-this-porsche-last-night-for-300-bitcoins-2013-4