BitMEX co-founder Arthur Hayes has continued to make waves in the cryptocurrency community with his strong argument that privacy coins like Zcash (ZEC) deserve a market share second only to Bitcoin and Ethereum. In his latest analysis published on November 18, Hayes argued that internet privacy is slowly disappearing under the combined pressure of artificial intelligence, large technology corporations, and many governments around the world. According to him, coins that apply zero-knowledge proof technology are the “last bastion” that helps people maintain privacy in the era of hyper-surveillance.
Arthur Hayes describes privacy cryptocurrencies like Zcash as essential tools to counter the growing control of technology, data governance apparatuses, and AI giants. He believes that the privacy narrative will soon become one of the most important drivers for the entire crypto market, paving the way for a long-term bull run for projects like Zcash. Hayes emphasizes that if the market reflects its core values, the Capital of privacy coins should rank right behind Bitcoin and Ethereum in the future.
Arthur Hayes previously predicted that Bitcoin could fall to the $80,000–$85,000 range before entering a strong rally to reach $200,000–$250,000 by the end of the year. Despite the volatile market, his predictions often attract a lot of attention, as Hayes remains one of the most influential figures in the crypto analysis world.
