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Former BTC Dev Peter Todd Questions Zcash Getting PPP Loan
Summary: n his recent tweet, blockchain expert and former Bitcoin Core developer Peter Todd questioned the Zcash emitter Electric Coin Company as to why it took the PPP payroll loan from the US government and how the COVID-19 pandemic was able to impact their virtual currency.The interesting thing here is that Zcash is an anonymous cryptocurrency, ...
n his recent tweet, blockchain expert and former Bitcoin Core developer Peter Todd questioned the Zcash emitter Electric Coin Company as to why it took the PPP payroll loan from the US government and how the COVID-19 pandemic was able to impact their virtual currency.
The interesting thing here is that Zcash is an anonymous cryptocurrency, similar to Monero, which is supposed to help users avoid government controls.
“Zcash's Electric Coin Company got a COVID-19 paycheck protection loan, between $350k and $1 million. On what basis though? How did COVID-19 affect a virtual currency? Also, is the ‘hispanic, female owned’ claim accurate? Gets preferential treatment in a lot of programs,” he tweeted three hours ago.
Tracy Chen
Tags: BTC,Zcash
Link: Former BTC Dev Peter Todd Questions Zcash Getting PPP Loan [Copy]
