DCG CEO: 5-10% of BTC capital will move to privacy sector

Digital Currency Group (DCG) CEO Barry Silbert has predicted that 5-10% of the capital in Bitcoin will move to privacy coins over the next few years. According to The Block, Silbert spoke at Bitcoin Investor Week in New York, stating that while he agrees Bitcoin is a core component of a diversified portfolio, he personally prefers to invest in innovative projects with the potential for 100- or 1,000-fold returns. He suggested that unless the U.S. dollar completely collapses, Bitcoin is unlikely to appreciate 500 times, whereas he sees such potential in assets like ZEC and TAO. Silbert also expressed skepticism that privacy features will be integrated into Bitcoin in the future.