DCG founder: 5% to 10% of Bitcoin may flow into privacy-oriented crypto assets in the future.

PANews reported on February 12 that, according to The Block, Barry Silbert, founder and CEO of Digital Currency Group, stated at the Bitcoin Investors Week conference that 5% to 10% of the total Bitcoin supply will flow into the privacy-focused cryptocurrency space in the next few years, and believes that privacy coins are currently the investment targets with the greatest potential for asymmetric returns in the industry.

Silbert stated that he remains optimistic about Bitcoin as a core asset, but without a complete collapse of the US dollar, Bitcoin no longer has the potential for 500x growth. He believes projects like Zcash and Bittensor, a privacy-focused public chain based on zero-knowledge proofs, possess this potential and has already allocated assets accordingly. He pointed out that Bitcoin's early narrative of "anonymous cash" is no longer valid after the widespread adoption of blockchain analytics, and the network is unlikely to integrate native privacy features in the future. Silbert also stated that Zcash is a hedge against the potential technological risks that quantum computing may pose to Bitcoin.