HomeCoinsBitcoin (BTC)Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It,...

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

- Advertisement -


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.”

Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China's Ban Makes BTC Stronger – Markets and Prices Bitcoin News

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.

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.

First published here

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,579FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 44,247.00
ethereum
Ethereum (ETH) $ 3,227.17
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 345.00
litecoin
Litecoin (LTC) $ 139.28
eos
EOS (EOS) $ 2.68
okb
OKB (OKB) $ 23.40
tezos
Tezos (XTZ) $ 4.44
leo-token
LEO Token (LEO) $ 6.74
cardano
Cardano (ADA) $ 1.19
monero
Monero (XMR) $ 186.59
stellar
Stellar (XLM) $ 0.240052
chainlink
Chainlink (LINK) $ 18.48
huobi-token
Huobi Token (HT) $ 10.01
tron
TRON (TRX) $ 0.069888
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 114.90
neo
NEO (NEO) $ 24.71
iota
IOTA (MIOTA) $ 1.01
nem
NEM (XEM) $ 0.119553
zcash
Zcash (ZEC) $ 126.32
maker
Maker (MKR) $ 2,246.22
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 34.63
vechain
VeChain (VET) $ 0.066635
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 47.74
kucoin-shares
KuCoin Token (KCS) $ 20.81
waves
Waves (WAVES) $ 11.73