BTC is for institutions to hold as a reserve, while ZEC lets individuals have privacy—at TOKEN2049, Balaji split crypto into two worlds.
It’s a pretty neat narrative: institutions accumulate BTC in compliance, while privacy demand can only flow to ZEC. Its recent rally against the trend also suggests there’s real money buying in. But it’s too soon to slap the “people’s currency” label on it. Have we already forgotten what happened to Tornado Cash? Regulators don’t care about the narrative.
$BTC $ZEC #TOKEN2049 #privacycoin
It’s a pretty neat narrative: institutions accumulate BTC in compliance, while privacy demand can only flow to ZEC. Its recent rally against the trend also suggests there’s real money buying in. But it’s too soon to slap the “people’s currency” label on it. Have we already forgotten what happened to Tornado Cash? Regulators don’t care about the narrative.
$BTC $ZEC #TOKEN2049 #privacycoin
