Shielded ZCash Transaction at NH Retail Store

A customer purchased a “Live Free or Die” wood plaque and a “Legalize Gay Marijuana” bumper sticker at the Free State Bitcoin Shoppe in Portsmouth, New Hampshire using an encrypted digital currency called ZCash. The cryptocurrency is the most private money ever created, relying on a complex mathematical principle called a “Zero-Knowledge Proof”. Essentially this customer took some digital cash, locked it in a box with a secret key, and sent the shop the key. There is no discernible trail left. No observer can look up the transaction on the blockchain, not even those who know the sending/receiving addresses. Pretty slick! Here’s what it looked like:

This marks yet another turning point for human freedom. An evolution on the creation of bitcoin, this new cryptocurrency offers features and advantages that bitcoin simply doesn’t. While many are still holding fast to the promises of failing Federal Reserve Notes, others are seeking alternatives and building more reliable systems that make extortion far more difficult. Learn more by following the Free State Bitcoin Shoppe on Twitter and by joining their email list.

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6 Comments

  1. Now it’s Z cash. What happened to bitcoin? They are both hackable cryptocurrency. Sounds like your first customer was a freekeener. Since you posted this on the freekeene website, it doesn’t sound so secretive anymore.

  2. Cryptocurrencies are “hackable” now, Jacks? What a risky feature. Say Jacks, does this mean that bitcoins are hackable, volatile, AND easily manipulated, now? My goodness! That sounds very unsafe! Well it’s a good thing we have you around to warn us!

    Oh, and Jacks. I don’t want to alarm you, but did you know that victimless crimes really are a real thing? There’s an excellent book on the subject that you can find here. I know that the title alone will probably throw you into a fit of hysterics, but you really should consider reading it. The book is less than $10, and it’s HARDCOVER to boot. Now that’s a bargain!

  3. Tanks but no tanks, cash is king.

  4. Stacy, I would not liquidate my assets and put it into one thing hoping it will not be hacked and lose everything. That is taking a huge risk with your future.

  5. As you can see Stacy, bitcoins would never be a part of Jacks’s portfolio, especially considering how hackable, volatile, and easily manipulated they are. You should take his advice to heart. Financial guidance as sound as Jacks’s is is hard to come by for free.

  6. What is sound is is cash money.

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