Famous whistleblower Edward Snowden criticized bitcoin during the Internet Engineering Task Force Meeting in Prague. He said that bitcoin as a currency has many flaws, but the technology behind it is interesting.
Snowden addressed the meeting with the help of Skype and answered the questions. Some of the questions were about the future of bitcoin.
At the same time Snowden confirmed that he supports the very principles behind bitcoin.
Edward Snowden is a whistleblower who passed to the journalists the secret files of National Security Agency. These documents proved that the Federal Agents had access to many messages and files around the world. In May 2013 Snowden escaped USA and found his way to Russia where he was granted asylum.
Bitcoin community supports Edward Snowden. This April more than 300 other donors who transferred more than 25 BTC (6,500 USD) in total to the ‘Official Snowden Defense Fund’. The largest single donation was 8.5 BTC (2,200 USD). The first 200 donations came within 24 hours. This consequence of US President’s executive order has been nickhamed the ‘Obama Effect’ by Redditors.
Roman Korizky