Post
Topic
Board Speculation (Altcoins)
Re: Is there hope for Zcash (ZEC) to reach a new ATH?
by
Husires
on 18/10/2023, 08:19:39 UTC
What happened? Do you think Zcash's downfall had to do anything with being a privacy coin? Or is it something else? Do you believe there's still hope for the project? Your input would be greatly appreciated. Thank you very much. Smiley
Yes, I think so. What makes the price increase is that there is demand and the demand comes from central platforms that will remove any currencies related to privacy, and Zcash is not the only one that promotes itself as a privacy currency, so even those who will search for privacy are individuals, groups, or entities. They will try to use Monero instead of Zcash.

The project's only hope is that Monero will fail or that more countries will ban that currency and provide an opportunity for alternatives such as Zcash to be used or that Zcash will be developed so that it is an intermediate link between privacy and transparency.