Zcash is a hedge against Bitcoin.
Qiao Wang says the next narrative for Zcash might be that it’s a hedge against Bitcoin, not just private money
“I’ve talked to a bunch of people who are sidelined on Zcash and tried a bunch of pitches. The one that appeals most to people is Zcash as a hedge to Bitcoin, rather than Zcash being the privacy store of value.”
“Over the next five to ten years, we’re gonna get quantum FUD every other week. People get scared, and they’re gonna try to figure out which coin has the best roadmap on the quantum side. By far, it’s Zcash.”
“At a deeper level, to me, Zcash is basically Bitcoin that adapts. It’s agile. Bitcoin doesn’t move, doesn’t change, which is ultimately the governance issue around quantum.”
“Right now the threat is privacy and quantum, but 20 years from now it could be something else. The hope is they’re gonna be able to continue to adapt to the latest threat.”
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