NSA whistleblower Edward Snowden delivered a keynote address at the Bitcoin 2024 conference in Nashville, during which he made some shocking revelations about Bitcoin and the broader crypto ecosystem. He also argued why crypto remains an individual's best bet against the fight against corrupt institutional practices.
What Snowden Said About Bitcoin
Snowden mentioned during his keynote speech at the Bitcoin 2024 conference that most Bitcoin transactions are fully doxxed, even if they are not made public. He made this revelation while noting how this is possible, given that transactions on the network are permanent and can be publicly verified by anyone.
However, the whistleblower suggested that the identities of those transacting on the Bitcoin network (and other chains) are not as anonymous as some might think. He also claimed that “legacy exchanges,” which act as on-ramps for crypto users, often share user information with regulators, something Snowden called “big powers.”
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