Tushar Jain, co-founder of cryptocurrency investment firm Multicoin Capital, announced via X that "we have been accumulating large amounts of privacy coin Zcash (ZEC) since February this year." He added, "While Bitcoin (BTC) has censorship resistance, making asset freezing or usage restrictions difficult, it does not solve the problem of governments imposing taxes. The market is seeing growing demand for assets with true privacy features, and Zcash (ZEC) is the asset that most directly reflects this."
