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Edward Snowden on the crypto crash: ‘When the ground has cleared, things will grow again’


Edward Snowden’s faith in cryptocurrencies hasn’t faded during the current market crash. Quite the opposite, in fact. Snowden believes crypto winters separate the scams from the legitimate uses. “The only people that remain are the people that are either using these networks functionally… or the people who are there for the long term,” the whistleblower said at TNW Conference 2022. When the ground has been cleared, things will grow again. Snowden has unique experience of crypto’s practical benefits. The servers that he used to leak documents about government surveillance were paid for with Bitcoin. The former NSA and CIA contractor…

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from The Next Web https://thenextweb.com/news/edward-snowden-says-crypto-crash-will-purge-scams-preserve-real-uses

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