Capital Access Debate Hits ZEC Markets
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Despite the disagreement, Bootstrap acknowledged that for-profit entities can attract significantly more capital than nonprofits. Board members said well-structured private ventures could help fund Zcash development and make privacy tools more accessible — highlighting that the split was about structure, not ideology.
Markets reacted sharply to the news, with ZEC falling around 16% in a single day before stabilizing. At the same time, onchain data showed large holders accumulating ZEC, suggesting some investors viewed the governance shakeup as a long-term opportunity rather than a fatal setback.
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big holders buying the dip while timeline panics is very on brand