
Ex-Coinbase CTO: Bitcoin Will Be Institutional Reserve, Zcash the Money for Individuals
- —Srinivasan said Bitcoin could act as a reserve asset for Western institutions
- —Zcash was framed as money for individuals seeking financial privacy
- —He called ZEC a shield for regaining lost privacy
- —The remarks were made at the TOKEN2049 conference in Singapore
Why it matters: Public backing of Zcash from a well-known investor reinforces the privacy-coin narrative that is already leading this year's returns.
Source: Bitcoin Sistemi