DCG Founder: Bitcoin verifies trillion-dollar-level demand, privacy coins like Zcash will benefit from the "prophet advantage"

robot
Abstract generation in progress

Golden Finance reports that on May 3, Barry Silbert, founder of Digital Currency Group (DCG), the parent company of Grayscale, posted on the X platform saying that in 2015 the market had not yet realized that there was a demand of up to $2 trillion worldwide for decentralized digital value-storage tools like Bitcoin. At the time, the industry generally also believed that Bitcoin itself already had sufficient privacy, and could serve as a relatively private global value-storage and transfer tool. Now, as market awareness has increased, privacy needs have been identified more clearly; therefore, privacy coins like Zcash will benefit from the “prophet’s advantage.”

BTC0.39%
ZEC6.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin