Famous American whistleblower, Edward Snowden, took to his Twitter account again to talk about bitcoin. This time on December 7, he confirmed his call at the bottom that the crypto reached on March 12, 2020.
Snowden recalls his call at the bottom of Bitcoin in March 2020
Edward Snowden, a former Central Intelligence Agency (CIA) employee, and a National Security Agency (NSA) subcontractor retweeted a message that he Posted on March 13, 2020, where he made the following statement on bitcoin price at that time:
This is the first time in a while that I feel like buying bitcoin. That drop was too much panic and too little reason.
Such a tweet was published amid the outbreak of a coronavirus pandemic that began to affect the world, and which assisted the price of BTC to decline to the USD 3,600 level. That day the following March 12 BTCWith a jump to $ 3,600, the crypto asset quickly jumped to the $ 5k handle.
Despite the pessimism aroused in some people towards bitcoin and the fact that it cleared $ 22 billion from its market in one day, Snowden remained optimistic.
Now, one of the world’s most infamous whistleblowers issued the following message before retweeting the old March tweet where he predicted the bottom saying “bitcoin was ~ $ 5,000”:
Today I learned that since 2013 the dollar has lost 99.93% of its value (against Bitcoin).
At the time of publication, bitcoin (BTC) acts between $ 18,900 to $ 19,200 per unit, with a market cap of over $ 350 billion as the leading crypto is still treading the water at its all-time highs in 2017 at nearly $ 20,000.
Snowden’s Advocacy for Bitcoin
But this is not the first instance, nor the first year in which Snowden has spoken out for bitcoin.
During a 2018 interview, Snowden, who lives in Russia after receiving asylum from the Russian government, pointed out Which BTCThe price reflects the society that believes in its ‘utility’ as a medium of exchange.
He also referred to crypto mining:
The reward for winning a round, once worth only a few cents, is now about a hundred thousand dollars, making it economically reasonable for people to spend massive amounts of energy and data centers full of computer equipment in math – or ‘mining’ – competition. City-sized Godzillas of computers are thrown into this competition, judging the difficulty of the problems beyond imagination.
What do you think about Snowden’s advocacy in favor of bitcoin? Let us know in the comments below.
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