99.99% of crypto is worthless, Barry Silbert says

During a recent podcast, Barry Silbert asserted that 99.99% of cryptocurrencies are worthless, emphasizing that his standards for value are exceptionally high.

He shared his experience of purchasing Bitcoin at around 7 USD in 2011, initially feeling wise about his choice, but grappling with the market’s volatility.

Silbert stresses the importance of financial privacy in the crypto space, pushing for the significance of privacy tokens like Zcash.

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