Cryptocurrencies are valuable as a means of payment, not as an investment. This was stated by a former employee CIA and NSA As CoinDesk reports, Consensus is Edward Snowden in 2022.

“I use bitcoin to use this. In 2013 I used an entity to pay for servers by alias. “In general, I do not encourage people to invest in cryptocurrencies as a technology and that is what sets me apart from many other members of the community.”

Snowden joined the criticism for the “anti-cryptocurrency” letter that a group of technologists sent to the US Congress in early June. According to him, the authors deliberately misinterpret some of the theses about the industry.

“The letter is an argument for the status quo. There are many ways to solve all your problems. Anyone who signs the letter can understand the industry. They definitely should,” he said.

Among the authors of the letter noted the expert, cryptographer Bruce Schneier. However, he described most of the other signatories as “productive public trolls”.

Snowden also called gold “a bitcoin that cannot be sent over the Internet” on his Twitter page. Answered by Tether CTO Paolo Ardoino. He noted that the XAUT stablecoin, tied to the price of the precious metal, can be transferred over the network.

#tethergold To be able to.
Moreover $XAUt / gold is not a competitor of the USD, #bitcoins

— Paolo Ardoino (@paoloardoino) 11 June 2022

Recall that in April 2022, Snowden said that he played one of the key roles in the launch of the privacy-focused cryptocurrency ZCash.