Zcash could emerge as a meaningful challenger to Bitcoin’s dominance among digital assets as the rapid adoption of artificial intelligence puts a premium on financial privacy and fuels concerns over AI-powered surveillance, according to Grayscale. In a new research report, Grayscale head of research Zach Pandl said Zcash (ZEC) has “second mover advantages” that could help it challenge Bitcoin’s (BTC) entrenched network effects, something previous alternatives such as Litecoin (LTC) have failed to achieve.Central to Pandl’s argument is financial privacy. Zcash can shield transaction information, which Grayscale argues could become increasingly valuable as AI systems become better at analyzing financial activity…

Republican Florida Gov. Ron DeSantis said at a press conference Wednesday that automated license plate cameras such as Flock are “out of control” in the state and called for new privacy regulations, addressing wide public criticism of the AI-powered surveillance technology. “I’m all about law enforcement having tools to hold criminals accountable,” DeSantis told media at Florida International University. “I think that’s important that we do that, and no one’s been stronger on law enforcement than me, but I don’t want to have this become a surveillance state.” Too late. Florida is already flooded with police surveillance technology, a trend…

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