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DCG Founder: BTC Validates Trillion-Dollar Demand, Privacy Coins Like Zcash to Benefit from 'Prophet Advantage'
On May 4, Barry Silbert, founder of Digital Currency Group (DCG), the parent company of Grayscale, stated on the X platform that in 2015, the market was not yet aware of the $2 trillion demand for decentralized digital value storage tools like Bitcoin. At that time, the industry generally believed that Bitcoin itself was sufficiently private and could serve as a relatively discreet global value storage and transfer tool. However, as market awareness has increased, the demand for privacy has become more clearly recognized. Consequently, privacy coins like Zcash will benefit from this ‘prophet advantage’.