Edward Snowden: Never invested in cryptocurrencies, But he paid them – Bits Media

Former analyst of American special services told, what, Unlike crypto industry fans, He did not urge to invest in digital currencies, but advised to use them for payments.

Edward Snowden (Edward Snowden) In a speech at Consensus 2022, What sees in cryptocurrencies are more valuable as in a payment tool, than in an object for investment:

"IN 2013 year I am, eg, used it for anonymous payment of servers. As a rule, I do not urge people to invest in cryptocurrencies as in technology, And this is what moves me away from many people in the community ".

The President of the Freedom Freedom Press Freedom to defend the industry from cryptoquartics, signing a petition to the White House in an attempt to confront the industry lobbyists. The signers deliberately incorrectly interpret the principles of crypto industry, Repeating a number of the same inherited arguments, which were repeatedly brought in the past, assures Snowden:

“The letter is an argument in favor of the status quo. There are so many ways to solve all these problems. People, signing the letter, They will be able to understand ".

Snowden recognized the merits of expert Bruce Schneera (Bruce Schneier), who acted as one of the initiators of the petition, for his work in the field of cryptography. But most of the signatures Snowden called "avid public trolls".

Speaking about the current state of confidentiality on the Internet, Snowden said, what, In his opinion, Great progress was achieved in encrypting the content of messages, But he is still concerned about metadan-notes of the history of creating a message.

At the same time, the General Director of the Cryptocurrency Exchange FTX Sam Bankman-Fried (Sam Bankman-Fried) considers, that bitcoin is not suitable for making daily payments due to its low scalability and negative impact on the environment.