TLDR;
- Famous whistle-blower and privacy advocate Edward Snowden has taken interest on buying the BTC dip for the first time since March 2020.
- “There is still a lot of trouble ahead” – Snowden warns via his official Twitter account but he is starting to feel the itch to scale back in.
- Snowden is very active on Crypto Twitter and has left crypto twitter members wondering whether he has an alternative active anonymous account.
Edward Snowden, a famous whistle-blower and an influential voice in data privacy, has taken to Twitter to say that this is the first time since March 2020 that he felt the itch to buy the dip in Bitcoin. This comes after BTC price dipped significantly after the news of the collapse of FTX Exhange and Alameda fund which are both linked to Sam Bankman Fried.
This is the first time in a while I’ve felt like buying Bitcoin. That drop was too much panic for two little reason.
Snowden, March 2020
Snowden tweeted this in March 2020 when BTC traded at around $6900. Since the tweet, BTC’s price increased to its all-time high of $68,983.45, before dropping to the current price of $16.607.07, according to data from Coingecko.
“There’s still a lot of trouble ahead, but for the first time in a while I’m starting to feel the itch to scale back in.” Snowden says in his most recent tweet today.
“When most people say “this is not financial advice”, they’re lying, but this is actually not financial advice since I have zero financial education and no idea what I’m doing”. Snowden continues to disclose on his next tweet on the thread.
Snowden has recently been very active on Crypto Twitter and has left other crypto Twitter accounts wondering whether he may have an anonymous alternative crypto Twitter account.
Government Conflict of Interest on The FTX case
Snowden recently also spoke about the inaction of the US government against Sam Bankman Fried, who made significant donations to the political party, donating over $36B to Democrats on the most recent election.
“The White House sanctions and arrests kids for the “crime of building privacy tools to protect you” Snowden states. Snowden is speaking about the immediate arrest of the Tornado Cash Developer Alex Pertsey earlier this year. “While “regulators” were quietly palling around the thieves who just robbed 5 million people”.