What’s the difference between hoarding and investing? There’s a reason markets built on productive assets—like stocks and bonds—are far larger than hoarding markets such as gold and cryptocurrency. In this episode, David explores why that is, and shares why he recently bought Zcash, and how it’s both similar to and different from Bitcoin.

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Show Notes

Zcash

CoinGecko

The Largest Companies by Market Cap in October 2025—The Motley Fool (Accessed October 2025)

DOJ Seizes $15 Billion in Bitcoin as U.S. and U.K. Target Massive Southeast Asian Crypto Scam Network—Chainalysis

Selling Gold in the Diamond District - Money for the Rest of Us Substack

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432: Are the Economy and Financial Markets Zero-Sum Games?

496: Are You Taking Enough Aspirational Risk?

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