My privacy-token portfolio after the Zcash bug:
75% XMR
12.5% ZEC
7.5% RAIL
5% AZTEC
Simple logic:
XMR remains the core privacy-money asset: private by default, battle-tested, with real demand for fungibility.
ZEC still has rebound upside but the Orchard bug damaged the one thing privacy coins cannot afford to lose: trust in supply integrity.
RAIL gives exposure to Ethereum DeFi privacy with actual fee/value accrual, but carries smart-contract risk.
AZTEC is the higher beta programmable privacy bet on Ethereum.
Privacy is one of the cleanest asymmetric narratives in crypto, but the allocation should be heavily XMR-centered.
β Portfolio logic stress-tested with GPT-5.5 Thinking