Helius co-founder Mert Mumtaz stated that privacy mechanisms serve as the foundational element for Zcash to function as a superior monetary asset, rather than merely being an end goal. He argued that internet-native money inherently carries historical transaction data that compromises fungibility, while privacy features provide the safe-haven attributes necessary for a store of value by removing the "historical baggage" associated with previous holders. Mumtaz emphasized that Zcash extends traditional banking confidentiality globally through internet access and key pairs, benefiting users regardless of their personal privacy needs. He noted that establishing Zcash as a robust monetary asset requires combining these privacy mechanisms with quantum resistance and performance upgrades to ensure long-term viability.