QUESTION EVERYTHING
Mar 03, 2020
4 minutes
BY JEFF KAUFLIN
SITTING SIDE-BY-SIDE IN A TRENDY Manhattan cafe where a glass of cold-pressed pineapple-and-carrot juice costs $9, the 29-year-old cofounders of cryptocurrency investment firm Multicoin Capital are ticking off the digital coins they’re shorting. They stand to make millions if the virtual coins tank in value. “Two years from now, zcash is worth zero,” says Kyle Samani of the three year-old privacy-focused cryptocurrency. Currently, zcash trades for $66.
Research suggests that few of zcash’s users are taking advantage of its core privacy features. Even worse, other cryptocurrency platforms such as ethereum are copying zcash’s privacy technology. A zcash spokesperson counters, “If you want
You’re reading a preview, subscribe to read more.
Start your free 30 days