Actually, thats exactly what I think they must be chasing. It just plays a bit poorly among early crypto adopters.
I mean, as a US company, the Government could subpoena Zcash for user IPs at any time. So, my understanding is that they nothing will ever be 100% anonymous with Zcash if you’re doing anything illegal. But it will be impossible to trace otherwise.
So it’s a bit of a chicken and the egg scenario. Early crypto users looking for an anonymous coin might reject Zcash because of this, preventing it from gaining traction (like I imagine Monero will start to enjoy now after the recent Dark market takedowns).
However, Monero can never really truly take off, because it’s TOO invisible for legal vendors.
It seems that Zcash is going after Bitcoin, not Monero.