/biz/ - Business & Finance

>>50665112
>With many "privacy" coins (and cryptos in general), there is an attitude of "f*ck the government and regulators, they can't stop us!". But let's be honest, if a coin is to see mainstream adoption from institutions, government, and retail, it has to fit in and be compliant with the traditional system of laws and regulation. Zcash has stamps of approval from FATF, FinCEN, and NYDFS. Given that Bitcoin ETFs are right around the corner, it is not a stretch of the imagination that we could see Zcash ETFs at some point as well.

>Now let's look at Monero, for example. It has a market cap over double the size of Zcash- yet do you really think the (small) Monero team is engaging with regulators and has regulatory compliance? Of course not. This is the same with many coins that are higher in market cap than Zcash. Hardly any engage with regulators and governments, and even less have approval from major regulatory bodies like FATF, FinCEN, NYDFS, etc. We are likely never going to see any kind of ETFs or significant investments from institutions in these kinds of coins. Zcash institutional investment will continue to grow over time (which will hugely increase the price) because Zcash has the regulatory and governmental stamp of approval.

This Is What Z-Niggers Actually Believe