'Generally, I don't encourage people to put their money in cryptocurrencies as a technology,' Snowden says at Consensus2022. 'I use bitcoin to use it.' Watch more:
AUSTIN, Texas –— Edward Snowden, a famous whistleblower and president of the Freedom of the Press Foundation, sees more value in cryptocurrencies in their use than as an investment.it. In 2013, bitcoin is what I used to pay for the servers pseudonymously," Snowden said Saturday in a virtual appearance atin Austin, Texas. He gained fame in 2013 when he leaked classified information on the National Security Agency's surveillance of U.S. citizens.
Snowden also defended the crypto industry in the face of criticism earlier this month by a group of tech expertsin a letter to U.S. lawmakers to counter the industry's lobbying efforts. "The letter is an argument for the status quo," Snowden said."There are so many ways to address all of their concerns. All the people who have signed this latter could understand this industry. They certainly should."
"Think of it like a van with dark windows driving down the highway," Snowden said."You can't see who the passengers are, but you can still see where the van left from, where it ended up, how long it took – that type of thing," he said.
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