According to ChainCatcher, Barry Silbert, founder and CEO of Digital Currency Group, stated that over the next few years, it is expected that 5% to 10% of Bitcoin funds will flow into privacy-focused crypto assets represented by Zcash.
Silbert pointed out at the Bitcoin Investor Week event in New York that financial privacy is not only a fundamental right but could also become the next direction in the crypto industry with asymmetric return potential. He believes that Bitcoin remains central to asset allocation, but privacy projects may have greater growth potential. With the development of on-chain analysis tools like Chainalysis and Elliptic, the narrative of Bitcoin as 'anonymous cash' is no longer valid, yet the market's demand for the use of digital currencies while ensuring privacy still exists. Silbert's portfolio has also increased its allocation to privacy and related emerging sectors.
