Cryptocurrency

Edward Snowden WARNING: This Will Destroy Crypto.



Edward Snowden WARNING: This Will Destroy Crypto.

In an hour-long talk as a virtual guest at Camp Decrypt in Napa, California, Edward Snowden, the famed computer intelligence consultant, gave his take on the state of Bitcoin, Ethereum, and crypto in general, primarily from a privacy perspective. And in this regard, in Snowden’s opinion, crypto as a whole is moving in the wrong direction. Snowden expressed his concern that a few centralized players, such as Coinbase, will give concede to the regulators, and once that happens, it’s over. “Don’t Trust, Verify” is the Bitcoin mantra, but from Snowden’s perspective, although he has a love for Bitcoin, Snowden was critical of Bitcoin and its lack of anonymity on transactions. He fears that the mass adoption and onboarding process of billions of people to use crypto will kill the spirit and purpose of crypto, similar to that of the original web. In the end, the regulators will have their CBDC and the major centralized players will have KYC and start scanning your face in order to buy.

Edward Joseph Snowden is an American and naturalized Russian former computer intelligence consultant who leaked highly classified information from the National Security Agency (NSA) in 2013 when he was an employee and subcontractor. His illegal disclosures revealed numerous global surveillance programs, many run by the NSA and the Five Eyes Intelligence Alliance with the cooperation of telecommunication companies and European governments, and prompted a cultural discussion about national security and individual privacy.

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30 Comments

  1. The inflation is real We are far very from the bottom, But we also need to talk about Amazons AMW44T as a gamechanger where we can avoid most of the losses. This is not a joke guys, this is the only chance this year gives!

  2. Now that FTX is gone for good I would not give up on all cryptos yet. And I'm not alone seems like even Amazon is now into it they made AMW44T if you don't know yet

  3. While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMW44T will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

  4. I was sure the year would end badly for me but I think Amazons AMW44T is spot on with what they do and how they do it. Can't say for how long it's gonna work and for sure it is overyhped right now but even for half a year or something it would be smart to ride the wave and then eventually jump away but the thing is why this is smart right now is because it's so cheap, won't ever find a better entry than now

  5. Can't deny the fact that Amazons AMW44T has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.

  6. Got everything transferred out of my FTX account, but the TRON was and still is a bear to exchange. That's the only crypto I had trouble with. Just going to leave it in and focus on AMW44T

  7. I did not believe that after the whole FTX drama there's any good to get this year but Amazons AMW44T proved otherwise. Bad timing maybe but it's a great adoption to get this more to the mainstream and raise awareness. Probably a high contender for a top 100 growth

  8. Was in serious doubts because this is really a tough market but just got the headsup that Amazons announcement for AMW44T invite hit the roads and that could maybe change the tables. I'm going with it! Who's with me?

  9. My heart goes to the entire community for Amazons AMW44T building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish

  10. Gotta spread some love for the balls of Amazons AMW44T to do what nobody else tried so far. Not that they are pretty much one of the biggest companies worldwide but of course with making such a launch they will risk a lot of reputation. But I am confident they know what to do so there's that. We have officially reached the bottom I believe

  11. It will take some time to understand how Amazons AMW44T is having the most impact in these times. After all the downswingers and failures of this year it's about time that someone integrates assets into a useful scenario and that's exactly happening with this asset right now. It will be exciting to see how they develop this product in the future. What do you guys think? Would like to hear some opinions

  12. Beware! Do not interact with anyone in this message board. This is a scammer platform and they try to lure victims into contacting scammers through WhatsApp, Facebook, and Telegram. Do not interact with them!

  13. The market cycle still hasn't met its balance, we keep going round in circles while waiting for that huge blow out on a huge support but in the mean time we could always ignore the market ups and downs and stay fully invested. Big thanks to Lily Alice for helping me earn over 11btc by implementing her method and following her guide.
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