Bitcoin Amsterdam: Focus on BTC fundamentals, says Edward Snowden

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Bitcoin Amsterdam: Focus on BTC fundamentals, says Edward Snowden
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NSA whistleblower Edward Snowden says society needs to focus on the fundamentals of Bitcoin and not its dollar-based market value.

“We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words to the audience at the packed Genesis Stage hall at Bitcoin Amsterdam stressed the preeminent cryptocurrency’s ever-increasing importance in a world beset by creeping government surveillance, devaluing fiat currencies and restrictive policies.

“We are all part of a bigger game, and Bitcoin is one of the strongest levers in that. The systems that we are influencing, that we are exerting leverage on, payments and finance, will shape what the world of tomorrow looks like.“ Snowden also shared his belief that Bitcoin has “a privacy problem,” highlighting the emergence of obfuscation tools likeand mixers as important but equally indicative of the pressure facing the decentralized protocol.

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