Bitcoin "Is Failing as an Electronic Cash System": Edward Snowden
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Edward Snowden focused on the significance of security concerning Bitcoin and crypto during a virtual conversation at Consensus 2022 today.
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Edward Snowden has said that he is "a lot of a fan" of Bitcoin, however he believes that its absence of security could mean it bombs in the long haul.
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The American informant expressed that there are different crypto resources that can be considered cash likened to gold as opposed to monetary standards.
He added that he thinks contest between digital currencies is a net positive for the world.
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Bitcoin is what I used to pseudonymously pay for the servers
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He Added "By and large I don't urge individuals to place their cash in digital forms of money as an innovation and this distances me from a many individuals locally,"