From Coindesk
Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "conviction list" of cryptocurrencies. The other coins on the list are bitcoin, ethereum classic, zcash and Decentraland.Read more: https://www.coindesk.com/digital-currency-group-adds-zcash-offshoot-zencash-crypto-investment-list/Speaking at the Stocktoberfest East conference in New York City, Digital Currency Group founder and CEO Barry Silbert asked audience members to raise their hands if they owned offshore bank accounts.
"There is approximately 10 percent of the world's wealth held in offshore bank accounts," he said after some of the audience members raised their hands, adding:
"I believe that financial privacy is going to become a really, really important thing not just in emerging markets, but in the U.S. as well."
As someone that has been mining and hodling some Zencash it's good to finally figure out why it has been going up in price over the last few weeks. I always like to complete the story and figure out what was the event that spawned price action. There is always an event even if it's just an excuse.
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