Edward Snowden, the infamous former National Security Agency (NSA) contractor who leaked classified information in 2013, has been creating waves in the cryptocurrency world. Recently, he gave a keynote speech at the Bitcoin 2021 conference in Miami, where he discussed the importance of privacy, the power of Bitcoin, and his concerns about it becoming a “cult-like” phenomenon. He emphasized the need for people to understand Bitcoin’s technology and potential rather than just blindly following the hype.
Snowden’s speech, which was delivered via video link from Russia, where he is currently living in exile, drew attention to the critical role of privacy in a digital age. He cautioned against the excessive idolization of Bitcoin, stating that it is a tool, not a god, and that its value should be gauged by how it can be used to improve society. Snowden also highlighted the importance of transparency in the crypto industry and stressed the need for the community to be more inclusive and open to different perspectives to avoid becoming a “cult.”
