Multicoin Capital Co-founder: Since February, Multicoin Capital has significantly increased its holdings of ZEC

robot
Abstract generation in progress

Golden Finance reports that on May 6, Tushar Jain, co-founder of Multicoin Capital, said that since February, Multicoin has significantly built up its holdings of ZEC. Zcash—the “big zero coin”—has returned to the cyberpunk core ideals of the birth of cryptocurrency. A proposed asset confiscation policy in California has sounded an alarm. As the political trend of confiscating private wealth continues to rise, individuals and institutions will increasingly prefer to allocate private assets for self-protection. Bitcoin has censorship-resistant attributes: no one can freeze your Bitcoin assets or restrict your use. But this cannot stop the government from collecting traceable holdings through wealth taxes. We believe that assets with complete privacy, censorship resistance, and confiscation resistance have clear market fit, and market demand is rising rapidly. We believe ZEC is the most pure, open-market instrument to realize this logic.

ZEC34.45%
BTC0.41%
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