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.

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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,"

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