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Crypto Token ZCash Attracts Nostalgic Bitcoin Enthusiasts

Crypto Token ZCash Attracts Nostalgic Bitcoin Enthusiasts

Cryptocurrency investors disillusioned by bitcoin are reportedly flocking to a new token: Zcash.

That’s according to a report Thursday (May 14) from the Wall Street Journal (WSJ), which said this shift to the privacy-focused Zcash comes as bitcoin enthusiasts worry that the coin no longer offers them the privacy they seek.

Zcash, on the other hand, reminds them of the early days of crypto, when anonymity was touted as a path to personal freedom.

“It feels like bitcoin circa 2013,” said Barry Silbert, founder of Digital Currency Group (DCG) and Grayscale Investments, which created the first publicly traded bitcoin fund.

DCG earlier this year made Zcash one of its largest holdings, a source close to the matter told the WSJ….

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