⚡️🇺🇸 NEW - VanEck CEO Jan van Eck on CNBC:

“There’s something else going on within the Bitcoin community that non-crypto people need to know about.

And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken.

We don’t right now, but you always have to look at the underlying technology and the crypto.

What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming?

And secondly: Is there enough privacy in Bitcoin?

And so a lot of Bitcoin OGs or maxis have been looking at Zcash.

Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy.

The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’

But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it.

You can see it move from one wallet to another.

And a lot of people are looking for more privacy.”

https://blossom.primal.net/52b205a337823a41edfe5362a8160f5b85351f8392a4ad6e91747665bddd4ef4.mp4

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Discussion

lol

sell your bitcoin?

I wish you would

🙈

Institutional slop

I don’t know why stuff like this still shocks me. This is a CEO of a 100 billion dollar investment company on one of the big three news channels misguiding the viewers for profit.

Just think what type of a person you have to be to get on national tv and lie like this. If I was a client of VanEck, I’d have no trust and be moving on.

How do we tell him that we also have Monero and that there are already ways to have privacy in Bitcoin?

I have to say I am quite shocked that the VanEck CEO went on CNBC to disclose something that is happening in the ecosystem. However, I don’t know that it fundamentally changes anything. But I am shocked to hear him say they might walk away from BTC.

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