DCG Founder Predicts 5-10% of Bitcoin Investments Will Flow into Privacy-Centric Coins

Barry Silbert, founder of the cryptocurrency conglomerate Digital Currency Group (DCG), expressed on the 11th that over the next few years, 5% to 10% of assets currently allocated to Bitcoin (BTC) are likely to flow into privacy-focused cryptocurrencies. His comments were made at a Bitcoin-related conference held in New York. While maintaining a very bullish stance on Bitcoin as the core of a decentralized portfolio, he stated, 'I want to invest in projects that can bring about transformation and potentially return 100-fold, 500-fold, or even 1000-fold.'