ZEC vs. the stores of value
ZEC priced in Bitcoin and gold
Measuring ZEC in BTC or gold instead of dollars removes the dollar from the picture. A rising line means ZEC is gaining ground on that store of value.
1 ZEC in Bitcoin
1 ZEC in gold
What if ZEC captured part of these markets?
The price of one ZEC if Zcash's total market value equaled a share of gold's or Bitcoin's, using today's ZEC supply. 100% means ZEC is worth as much as that asset in total.
| Store of value | ZEC today is | At 1% | At 10% | At 50% | At 100% |
|---|---|---|---|---|---|
Simple arithmetic, not a forecast or investment advice.
What makes a store of value
🔒 Scarce
Like Bitcoin, Zcash has a hard cap of 21 million coins, and new issuance is cut in half roughly every four years. No one can create more.
🪙 Fungible
Every ounce of gold is as good as any other. With shielded transactions, ZEC has no visible history, so every coin is interchangeable, and none can be singled out or refused for its past.
🌍 Portable and self-held
ZEC can be held in your own wallet and sent anywhere in the world in minutes, without a vault, a bank, or permission from anyone.
Where these numbers come from
ZEC and BTC prices: Coinbase. Gold price: Kraken's PAXG market (each PAXG token is backed by one troy ounce of London Good Delivery gold), which tracks the spot price closely. Gold above ground: World Gold Council. Bitcoin supply: blockchain.info. ZEC supply: read directly from our own Zebra node.