Zcash Or Communism
Josh warns of dystopia without private money
Jun 1, 2026 · 57 min · 15 segments
What happens when every payment, wallet, and onchain interaction becomes searchable by governments, companies, adversaries, and AI? Josh Swihart, founder and CEO of Zcash Open Development Lab, joins…
Josh SwihartGuestDavid HoffmanHostAnd, uh, w-what about just the current moment? 2026, we have AI, p-we have people chronically online.

Yeah, I've been with Zcash ar-around the ecosystem at least for a decade, full-time for more, more than eight years.

So I was a CEO of another company, an owner in that company, since sold it and decided this is what I need to work on, uh, full time.

Because as a society, if we don't have privacy or private money on the web, we'll en-we'll enter dystopia.

I think Balaji said it very succinctly somewhere else, it's, it's, uh, Zcash or it's communism.


So I can choose to disclose information, and it's my choice as to what I disclose.

But if I want to make a purchase, I have an expectation that that interaction between that vendor is encrypted.

So I'm choosing to disclose some information with that vendor, but I'm not choosing to disclose my credit card information or that purchase with my neighbor or anybody else that may be snooping on the internet.

And so if, if crypto is really gonna be used as money on the internet, as internet money, we have to have privacy for agency to be tr-who we truly are, for security, and even for censorship resistance.

I, I think it's important for the world, and I think Zcash is world-changing, and I think it's best in class, and it's the best chance that we have for humanity to kind of realize that kind of freedom online.
But I, I think if, if you asked me, when I first got into crypto in 2017, not terribly long after you, and you asked me what crypto would be like in 2025 and beyond, I would've said, "Oh, there'd be a ton of privacy." And I look at crypto now, and it's kind of the opposite.
And he talked about how the FBI, CIA, OFAC, these intelligence agencies are actually kind of into the idea of society moving on-chain because it makes their job easier.
And, you know, one, one half of me is like, "Oh, great," like another, another force to push everyone on crypto.
And, uh, w-what about just the current moment? 2026, we have AI, p-we have people chronically online.

Yeah, I've been with Zcash ar-around the ecosystem at least for a decade, full-time for more, more than eight years.

So I was a CEO of another company, an owner in that company, since sold it and decided this is what I need to work on, uh, full time.

Because as a society, if we don't have privacy or private money on the web, we'll en-we'll enter dystopia.

I think Balaji said it very succinctly somewhere else, it's, it's, uh, Zcash or it's communism.


So I can choose to disclose information, and it's my choice as to what I disclose.

But if I want to make a purchase, I have an expectation that that interaction between that vendor is encrypted.

So I'm choosing to disclose some information with that vendor, but I'm not choosing to disclose my credit card information or that purchase with my neighbor or anybody else that may be snooping on the internet.

And so if, if crypto is really gonna be used as money on the internet, as internet money, we have to have privacy for agency to be tr-who we truly are, for security, and even for censorship resistance.

I, I think it's important for the world, and I think Zcash is world-changing, and I think it's best in class, and it's the best chance that we have for humanity to kind of realize that kind of freedom online.
But I, I think if, if you asked me, when I first got into crypto in 2017, not terribly long after you, and you asked me what crypto would be like in 2025 and beyond, I would've said, "Oh, there'd be a ton of privacy." And I look at crypto now, and it's kind of the opposite.
And he talked about how the FBI, CIA, OFAC, these intelligence agencies are actually kind of into the idea of society moving on-chain because it makes their job easier.
And, you know, one, one half of me is like, "Oh, great," like another, another force to push everyone on crypto.
Every episode on Radar is fully transcribed, speaker-labeled, and rich with metadata. Here is a taste of this one. Try Radar for free to see the rest.
3 of 5
Zcash Or Communism
Josh warns of dystopia without private money
Agency Wanted Crypto Dead
Secret agency aimed to completely kill crypto
‘Better Than Bitcoin’ Claim
He claims Zcash technically surpasses Bitcoin's design
+2 more clips · 3 min 1 sec of audio in all
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
All 5 clips — the highlight moments, each cut as its own audio, with a title and a speaker
All 16 segments — the transcript broken into labeled sections, every ad read marked
All 24 topics — jump to every other episode discussing the same subject
Every related episode — other shows Radar links to this one
No account is needed to search Radar.