Cameron and Tyler Winklevoss are betting on privacy protocols gaining major traction as AI continues to grow at an exponential rate.
The year 2025 will be remembered for the rise of digital asset treasury companies. Notable figures like Michael Saylor and Tom Lee are making strides with strategies based on Bitcoin and Ethereum, while innovative DATs are making headlines.
Zcash (ZEC), originating from a Bitcoin codebase hard fork in 2016, is emerging as a significant player. Advocates stress the crucial role of privacy-preserving cryptocurrencies, with Zcash demonstrating substantial price gains.
In this context, the Winklevoss twins have launched the Cypherpunk, aiming to accumulate 5% of ZEC’s circulating supply, backed with a $100 million fund. Tyler Winklevoss expressed their commitment to privacy, driven by advancements in AI.
“We’re huge fans of Bitcoin. We’re hodlers, of course, and also huge fans of Zcash, which we view as encrypted Bitcoin. Bitcoin is where you store your value, and Zcash is where you transact or spend your value.” - Tyler Winklevoss
This partnership addresses the increasing need for privacy as AI progresses. Cameron Winklevoss remarked on their long-standing bullish stance on Zcash, likening its evolution to pivotal moments experienced by Bitcoin.
“The catalyst for Bitcoin was very much the financial crisis of 2008, and the catalyst for privacy is the dawn of the age of AI.” - Tyler Winklevoss
Both brothers envision a future where Bitcoin and Zcash coexist, each serving distinct, yet complementary, functions. They acknowledge Zcash as a potential privacy layer for transactions while Bitcoin remains the primary digital asset for value storage.
The twins further emphasize that the cryptocurrency space is not a zero-sum game, appreciating innovations that improve the ecosystem, including Ethereum’s programmability and Zcash’s privacy capabilities.
In summary, the Winklevoss twins are not only investing in Zcash but are also promoting a vision of a diverse and innovative cryptocurrency landscape.
