The Five Types of People Who Should Choose to Buy Zcash


Zcash may be the world’s most fool-proof anonymous currency. When Zcash was first created, portions of its code were held on different computers, so the complete code could never fall into the wrong hands. When the developers finished their work, these computers were crushed and burned (literally). Zcash’s secrets were entombed forever.

This makes Zcash very valuable, both in utility and price. Crypto traders love Zcash for many reasons, but you may be uncertain if this privacy coin is for you. To help you decide, here are the five types of people who benefit from owning Zcash.


1) People Who Value Their Privacy

In the internet age, some of us simply take it for granted that our privacy is gone forever. Others aren’t ready to give up. Zcash can do for digital payments what a VPN does for your search history. You may not be protecting your personal data from anyone in particular, but if you want to make sure there’s no data that could later be used against you, perhaps buy Zcash.

2) People Without Financial Freedom

In nations or communities that don’t offer financial autonomy, individuals can lose a great deal of freedom. The ability to transfer and buy Zcash, with minimal chance of discovery, offers new power of decision to these people. Zcash can give you the financial anonymity you need.

3) People Who Must Prevent Dangerous or Charitable Transaction Records

Let’s say you were to donate money to a journalist. Unfortunately, this journalist is writing a secret expose on a political corruption. Any traceable donations could reveal their secret. You might also wish to make a donation to a political action group, but wish to make your contribution totally anonymous. Zcash is tailor-made for these delicate tasks.

4) Investors

No one appreciates the value of digital privacy more than the crypto enthusiast. Zcash has the fundamentals that help a cryptocurrency survive in the long term. We expect to see Zcash traded a decade from now, quite possibly at a higher price. With prices still down from all-time highs, Zcash buyers might see an opportunity.

5) Grey Market Participants

Perhaps you want to make purchases or contributions that fall outside of conventional markets. These might include difficult transactions across borders or participation in grey markets. We certainly don’t advocate illegal activity. But to ignore Zcash’s utility in grey markets is to turn a blind eye to an important facet of its identity.

Zcash is a remarkable technology and a valuable currency, with great potential for future price gains. We can’t guarantee the success of an investment, but to buy Zcash seems like a winning decision.

Featured image source: Flickr

Leave a Reply

Notify of

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.