Fun

Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger

News Feed - 2021-10-06 03:10:11

Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China"s Ban Makes BTC Stronger


Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,” he said. Edward Snowden Says Bitcoin Stronger Despite Governments’ Anti-Crypto Campaign


Former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence Agency (CIA), Edward Snowden, tweeted about bitcoin Sunday. It references another tweet he made last year that reads, “This is the first time in a while I’ve felt like buying bitcoin.”


“Sometimes I think back to this and wonder how many people bought bitcoin then,” Snowden wrote Sunday. “It’s up [about] 10x since, despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency. China even banned it, but it just made bitcoin stronger.”



The price of bitcoin rose from around $5K when he tweeted on March 13, 2020, to about $50K at the time of writing based on data from Bitcoin.com Markets.


Snowden has long been a supporter of bitcoin, tweeting about the cryptocurrency on multiple occasions.


When El Salvador made BTC legal tender alongside the U.S. dollar, the privacy activist wrote: “There is now pressure on competing nations to acquire bitcoin … Latecomers may regret hesitating.”


When Onlyfans said it would prohibit users from posting sexually explicit content due to mounting pressure from banking partners and payment providers, Snowden tweeted, “Bitcoin fixes this.” Furthermore, when President Joe Biden unveiled a historically large $6 trillion 2022 budget in May, Snowden wrote: “Six trillion dollars? This is good for bitcoin.”


What do you think about Edward Snowden’s comments about bitcoin? Let us know in the comments section below. Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold MARKETS AND PRICES | 2 days ago Rich Dad Poor Dad"s Robert Kiyosaki Predicts "Giant Stock Market Crash" in October — Says "Bitcoin May Crash Too" MARKETS AND PRICES | Sep 26, 2021 Tags in this story Bitcoin Price, buying bitcoin, Edward Snowden, Edward Snowden bitcoin, edward snowden bitconi, edward snowden buys bitcoin, edward snowden crypto, edward snowden cryptocurrency, Onlyfans, stimulus


Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years
Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnotice
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm t
BTC’s Market Share Drops Consecutively for 14 Days – Dominance Ratio Slides to 60%
BTC’s Market Share Drops Consecutively for 14 Days - Dominance Ratio Slides to 60% Cryptocurrency markets have been climbing higher in value as coins like BTC have gained over
Billionaire Paul Tudor Jones: ‘It’s Hard Not to Want to Be Long Crypto’
Billionaire Paul Tudor Jones: "It"s Hard Not to Want to Be Long Crypto" Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes inte
Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil
Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil Tether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency mar
ZK International Subsidiary xSigma Introduces New Defi Project
ZK International Subsidiary xSigma Introduces New Defi Project PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKI
Ideaology’s IEO Ushers the Launch of Blockchain Platform for Innovators
Ideaology"s IEO Ushers the Launch of Blockchain Platform for Innovators PRESS RELEASE. DUBAI, UAE – Ideaology is proud to announce its IDEA token pre-sale
SEC Chief: You're 'Sorely Mistaken' if You Think Bitcoin's All Grown Up
U.S. Securities and Exchange Chairman Jay Clayton just delivered a rebuke to cryptocurrency backers, alleging that Bitcoin is unlikely to trade on a major US exchange until it"s much better regulated. Crypto"s Not Ready
Polygon Deploys Fiat on-Ramps via Alchemy Pay, Enabling Direct Fiat Payments for DeFi
Polygon Deploys Fiat on-Ramps via Alchemy Pay, Enabling Direct Fiat Payments for DeFi sponsored Polygon, an Ethereum scaling platform onboarding millions to Web3, has announced the
Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina
Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to
William Suberg14 hours agoBitcoin hits new yearly highs as BTC price rebounds to $31.5KBitcoin bulls are stampeding past the top of the range, but there is already a risk that BTC price is forming a “predatory range.
Why The Bitcoin Dominance Reaching 71% Is Important For Altcoin Season To Begin
Este artículo también está disponible en español. Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset r