DCG Founder: BTC Validates Trillion-Dollar Demand; Privacy Coins Like Zcash to Benefit from “First-Mover Advantage”
Barry Silbert, founder of Grayscale’s parent company Digital Currency Group (DCG), posted on X stating that in 2015, the market had not yet recognized the global demand—reaching up to $2 trillion—for decentralized digital value storage tools like Bitcoin. At the time, the industry widely believed Bitcoin itself offered sufficient privacy to serve as a relatively private global store of value and medium of exchange. Today, however, heightened market awareness has clarified the demand for privacy, enabling privacy-focused cryptocurrencies like Zcash to benefit from their “first-mover advantage.”
