Balaji Srinivasan Casts Bitcoin (BTC) as Western Institutions' Reserve Asset at TOKEN2049 Singapore

Former Coinbase CTO Balaji Srinivasan said at TOKEN2049 Singapore that Bitcoin (BTC) may become a reserve currency for Western institutions, while Zcash serves private individuals. His comments highlight a potential institutional shift toward Bitcoin as a store of value, with privacy-focused cryptocurrencies playing a distinct role.