Edward Snowden, the renowned former National Security Agency contractor, expressed his support for Bitcoin [BTC] on the 18th of February.

Notably, he called the king coin the ‘most significant’ monetary advancement since the creation of coinage.

Edward took to X (earlier Twitter), saying,

“Unpopular but true: Bitcoin is the most significant monetary advance since the creation of coinage. If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”

As a prominent advocate for privacy rights, he was attracted by the decentralized nature of Bitcoin’s blockchain technology. This offers a transparent system for financial transactions. 

Hitting the nail on the head

Snowden’s remarks coincide with Bitcoin’s recent surge, rising nearly 23% since the start of 2024 to reach a 26-month high of $52,000.

According to Santiment, the rally was fueled by Bitcoin ETFs averaging over $29.65 billion in daily volume in the previous week of February.

When remarking on the same, Snowden, said,

Go to Source to See Full Article
Author: Ishika Kumari

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details