Zcash to $20K? Hayes Says It’s No Fairy Tale 🤑

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Ah, the whispers of the market! Arthur Hayes, the erstwhile czar of BitMEX, has once again cast his gaze upon the proletariat of crypto, declaring that Zcash, that elusive shadow in the digital forest, could soar to heights of $10,000-$20,000 faster than a Bolshevik’s promise. In a Coin Bureau interview, released on November 3, Hayes spun a tale as intricate as a Dostoevsky novel, weaving together threads of technical maturation, on-chain intrigue, and the sweet siren song of scarcity. 🌪️

“Zcash could snatch 10% to 20% of Bitcoin’s crown,” he proclaimed, his voice dripping with the confidence of a man who’s seen both the gilded halls of crypto and its grimy underbelly. At today’s Bitcoin prices, that’s a cool $10,000-$20,000 per ZEC. But is this the revolution we’ve been waiting for, or just another carnival barker’s pitch? 🎪

Hayes, once a skeptic of Zcash’s 2016 “ceremony theater,” now sings its praises. “The trusted setup issue? Gone with the wind, thanks to the Halo 2 upgrade,” he declared, as if waving away a pesky mosquito. “Zcash is no longer a lab rat but a privacy stallion, ready to gallop past the institutional sniff test.” 🐎

He even got his hands dirty, installing Zashi, Zcash’s flagship wallet, and dabbling in Near Intents flows to shield and swap. “It’s like Tornado Cash on steroids,” he quipped, his eyes gleaming with the thrill of anonymity. “The output asset? Clean as a whistle, untraceable as a ghost in the night.” 👻

But let’s not forget the cost-“It’s not cheap yet,” he admitted, like a man begrudgingly paying for a ticket to the revolution. Still, he pointed to the rising tide of shielded transactions, now approaching 30%, up from a mere trickle in the old days. “Privacy isn’t just a feature; it’s a movement,” he intoned, his voice swelling with dramatic flair. 🚀

Hayes drew a line in the sand between pseudonymity and privacy, declaring, “Bitcoin is for the open ledger, but Zcash? That’s internet cash with no strings attached.” He even took a swipe at Monero, citing reports of its deanonymization in Japan. “Zcash is the stealth bomber; Monero is the biplane,” he sneered, with a wink and a grin. ✈️

Scarcity, the third act in this crypto drama, is set to take center stage with the Zcash halving in November. “A supply cut plus rising demand? That’s a recipe for reflexivity,” Hayes mused, his eyes glinting like a speculator’s at a roulette table. “And liquidity? It’s as scarce as a honest politician, but that’s the beauty of it-when the price moves, it’ll be on decentralized exchanges, just like Bitcoin’s wild west days.” 🌵

What changed Hayes’ mind? A dinner with Naval Ravikant, of course, the modern-day Rasputin of crypto. “He shilled me on Zcash, and I was hooked,” Hayes admitted, like a man falling for a con artist’s charm. “I bought a few million bucks on the spot, even after the 80% pump. Am I crazy? Maybe. But this could be my best trade of the cycle.” 🍷

At press time, ZEC traded at $464, a mere footnote in the grand narrative Hayes is spinning. Will it reach $20,000? Only time will tell. But one thing’s for sure: in the theater of crypto, Arthur Hayes is the playwright, and we’re all just waiting for the curtain to rise. 🎭

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2025-11-04 11:54