The founder of Zcash, Zooko Wilcox, turns bearish on Bitcoin due to concerns about the community culture.

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Source: Yellow Original Title: The founder of Zcash, Zooko Wilcox, turns bearish on Bitcoin over concerns about community culture.

Original Link: https://yellow.com/es/news/el-fundador-de-zcash-zooko-wilcox-se-vuelve-bajista-sobre-bitcoin-por-preocupaciones-sobre-la-cultura-de-la-comunidad The founder of Zcash (ZEC), Zooko Wilcox, expressed a bearish sentiment towards Bitcoin (BTC) on Saturday, citing community culture as a fundamental weakness of this cryptocurrency.

Wilcox quoted the corporate adage “Culture eats strategy for breakfast” to explain why Bitcoin's technological advantages cannot prevent its eventual decline.

His comments were followed by a public controversy over quantum computing security tools, which exposed the tension between Bitcoin extremists and developers proposing protocol improvements.

The creator of Zcash emphasizes that maintaining a “high degree of openness” is crucial for the evolution of cryptocurrencies.

What happened

The CEO of the privacy blockchain Aleo, Alex Pruden, announced that his team has launched a tool to protect Bitcoin from quantum computing threats, sparking controversy.

A Bitcoin extremist named “Coinjoined Chris” dismissed this effort as “fraud” and “successfully deceiving venture capitalists.”

Pruden accuses the Bitcoin community of driving away serious developers who are trying to address legitimate issues.

Wilcox responded that the community's hostility is his main bearish indicator for Bitcoin.

“This may be my most important reason for being bearish on Bitcoin,” Wilcox wrote on Saturday night.

He suggested designing Zcash in a way that allows minority shareholders to implement evolutionary changes against the opposition of the majority.

This controversy highlights the growing friction between Bitcoin's conservative governance approach and developers proposing enhancements for quantum computing security.

Why it matters

Strategy President Michael Saylor recently argued that despite concerns about decentralization, Bitcoin developers will ultimately adopt quantum-resistant solutions.

Saylor claims that quantum computing will “enhance” Bitcoin through protocol upgrades, rather than disrupt the network.

However, critics argue that Bitcoin's consensus-based governance struggles to make rapid secure adjustments when facing existential threats.

About 1.7 million early addresses with Bitcoin (public keys exposed) face potential quantum vulnerabilities.

This divergence reflects a broader tension between Bitcoin extremism and cryptocurrency innovation.

Wilcox's bearish stance carries weight due to his involvement in the early development of Bitcoin and the creation of one of the most robust privacy protocols in cryptocurrency.

His comments indicate a belief that a rigid community culture hinders the necessary technological evolution.

This debate highlighted concerns about whether decentralized networks can coordinate urgent security updates when communities resist change.

ZEC-1.8%
BTC0.12%
ALEO18.64%
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