WuBlockchain
Alliance co-founder Qiao Wang told threadguy on October 26 that Bitcoin and Zcash are his only crypto holdings, with BTC outweighing ZEC by roughly 2:1. The ratio was previously around 5:1, a shift he attributed mainly to ZEC's price surge.
Wang said he prefers holding to selling and paying taxes. He remains bullish on Bitcoin over a three-to-five-year horizon, citing government money printing and Bitcoin's fixed supply.
He described Bitcoin's main quantum challenge as one of governance, including decisions about Satoshi's coins. He sees ZEC as a potential hedge against Bitcoin's privacy and quantum risks, arguing that Zcash developers can continue upgrading the protocol to address new threats.
Frequently asked questions
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Why did Wang's BTC-to-ZEC ratio change?
Wang said the ratio shifted from roughly 5:1 to 2:1 mainly because ZEC surged.
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Why does Wang prefer to keep his crypto holdings?
He said he prefers holding to selling and paying taxes.
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What supports Wang's three-to-five-year Bitcoin outlook?
Wang cited government money printing and Bitcoin's fixed supply as reasons for his bullish view.
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What does Wang see as Bitcoin's main quantum challenge?
He sees it as a governance challenge, including the question of what to do with Satoshi's coins.
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Why does Wang view Zcash as a potential hedge?
He sees ZEC as a potential hedge against Bitcoin's privacy and quantum risks because Zcash developers can keep upgrading the protocol to address new threats.
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