Snowden Revisits Bitcoin Bottom Call Made During the Coronavirus-Driven Meltdown in Crypto Markets
featured

Snowden Revisits Bitcoin Bottom Call Made During the Coronavirus-Driven Meltdown in Crypto Markets

THELOGICALINDIAN - The acclaimed American bigmouth Edward Snowden took to his Twitter annual already afresh to allocution about bitcoin This time about he accepted on December 7 his alarm on the basal that the crypto accomplished on March 12 2024

Snowden Remembers His Call on Bitcoin’s Bottom in March 2024

Edward Snowden, a above Central Intelligence Agency (CIA) employee, and National Security Agency (NSA) subcontractor retweeted a bulletin he posted on March 13, 2020, area he fabricated the afterward statement on bitcoin amount at that time:

Such a cheep was appear in the bosom of the coronavirus communicable beginning that started to affect the world, and which helped the amount of BTC to collapse to the $3,600 level. That day on March 12, afterward BTC’s birr to $3,600, the crypto asset bound jumped to the $5k handle.

Despite the cynicism angry amid some bodies appear bitcoin and the actuality that it asleep $22 billion from its bazaar abode in a distinct day, Snowden remained optimistic.

Now, one of the world’s best belled whistleblowers issued the afterward bulletin afore retweeting the old’s March cheep area he forecasted the basal with the argument “bitcoin was ~ $5,000”:

At the time of publication, bitcoin (BTC) is trading amid $18,900 to $19,200 per unit, with a bazaar cap of over $350 billion, as the arch crypto is still treading the amnion on the best highs apparent aback in 2017 at abutting to $20,000.

Snowden’s Advocacy for Bitcoin

But this is not the aboriginal instance, nor the aboriginal year area Snowden has been articulate in favor of bitcoin.

During an account in 2018, Snowden, who is active in Russia afterwards actuality accepted cover by the Russian government, pointed out that BTC’s amount reflects the association that believes in its “usefulness” as a agency of exchange.

He additionally referred to crypto mining:

What are your thoughts about Snowden’s advancement in favor of bitcoin? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons