Edward Snowden: ‘Bitcoin the greatest monetary advance since the coinage’

Edward Snowden, the privacy advocate and whistleblower who had to flee the United States in 2013, is extremely bullish on bitcoin. According to Snowden, Bitcoin is “the most significant monetary advance since the creation of monetary coins.”

Unpopular but true: Bitcoin is the most significant monetary advance since the creation of coinage.

If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.

— Edward Snowden (@Snowden) February 18, 2024

Reference to Satoshi Nakamoto

Snowden then refers in his story to a statement by Satoshi Nakamoto, the creator of bitcoin.

“If you don’t believe me or don’t understand, I don’t have time to convince you, sorry.”

Satoshi Nakamoto made that statement some time after disclosing bitcoin on a forum to someone who had no confidence in the design of the digital currency.

This statement shows that Nakamoto was in quite a hurry, for whatever reason. The inventor of bitcoin may have been ill. That would also explain why he disappeared from the face of the earth in 2011 and was never heard from again.

If he is still alive, it is amazing that he can restrain himself to tell the world that he is the one behind bitcoin. After all, who wouldn’t be as proud as a monkey with seven dicks with the creation and success of bitcoin.

Snowden is a bitcoiner

It has been clear for a long time that Snowden is a gigantic bitcoiner. Of course, that also fits with his actions and the things he fights for.

On February 12, he also announced that while everyone was watching the Superbowl, he had his eyes on the bitcoin graph.

everybody watching the #SuperBowl and here i am watching the bitcoin chart

— Edward Snowden (@Snowden) February 12, 2024

You may wonder why someone with Snowden’s standards and values ​​would care about the bitcoin price.

But in principle, the bitcoin price is a signal for the success of bitcoin. Without price increases, bitcoin ultimately cannot play a significant role on the world stage, as Snowden would like.

The more people use bitcoin, the easier it becomes in theory to use bitcoin for privacy. Especially if, in an ultimate scenario, Bitcoin becomes THE world currency and you no longer have to sell Bitcoin to make a living from it.