Helius Co-Founder Mert: Privacy Is the Foundation for Zcash to Become a Better Monetary Asset

TREE NEWS reports: Helius co-founder Mert Mumtaz said in a post on X that privacy is usually seen as Zcash’s end goal, but its more important role is helping build a better monetary asset. Because internet-native money carries historical transaction data by default, coins may not be fully fungible; privacy provides the safe-haven properties and fungibility a store-of-value asset needs. He said Zcash extends the benefits of traditional bank secrecy globally, and that privacy remains the foundation even for users without privacy needs, alongside quantum resistance and performance upgrades.