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DCG Founder: Bitcoin Validates Trillion-Dollar Demand, Privacy Coins Like Zcash to Benefit from 'Prophet Advantage'
On May 3rd, Barry Silbert, founder of Digital Currency Group (DCG), the parent company of Grayscale, stated on the X platform that in 2015, the market had not yet recognized the global demand for decentralized digital value storage tools like Bitcoin, which could reach up to $2 trillion. At that time, the industry generally believed that Bitcoin itself was sufficiently private and could serve as a relatively private global value storage and transfer tool. However, as market awareness has increased, the demand for privacy has become more clearly identified. Consequently, privacy coins like Zcash will benefit from this ‘prophet advantage’.