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

Australian MP says the country needs blockchain ‘more than ever’
Brayden Lindrea5 hours agoAustralian MP says the country needs blockchain ‘more than ever’Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagn
BlackRock's IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows
Brayden Lindrea3 hours agoBlackRock"s IBIT draws $260M as Bitcoin ETFs notch 8th day of inflowsUnited States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more
G-Wallet Ushers in New Era With Hybrid Wallet
G-Wallet Ushers in New Era With Hybrid Wallet PRESS RELEASE. G-Wallet, a decentralized crypto platform and wallet provider has revealed a series of updates on it
Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent
Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent Over $3 billion worth in bitcoin seized by the U.S. Department of Ju
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
Tether"s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion accordi
Bitcoin, Ethereum Technical Analysis: Ethereum Moves Past $3,000 to Start the Weekend 
Bitcoin, Ethereum Technical Analysis: Ethereum Moves Past $3,000 to Start the Weekend  Following a week of consolidation, bitcoin and ethereum prices both rallied past key resista
Ezra Reguerra10 hours agoBinance wallet spends almost $1M in ETH gas fees in one dayBinance reportedly said it was carrying out a wallet aggregation process to ensure the safety of user funds.2110 Total views9 Total shar
Arijit Sarkar13 hours agoDeSci-focused DAO community funds cancer researchVitaDAO community agreed to fund early-stage cancer research through the launch of a biotech company named Matrix Biosciences.1840 Total views8 To
Decentralized Storage Market Launches on Crust Network
Decentralized Storage Market Launches on Crust Network press release PRESS RELEASE. Decentralized storage is a crucial infrastructure in the technical field. With
Tom Mitchelhill4 hours agoCoinbase issues clarification after reports of it ceasing services in IndiaA Coinbase spokesperson confirmed the firm is committed to India over the long term and will “continue to explore way
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese sof
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — "I"m Not Involved in That" Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Great