AUSTIN, Texas –— Edward Snowden, a famous whistleblower and president of the Freedom of the Press Foundation, sees more value in cryptocurrencies in their use than as an investment.
"I use bitcoin to use it. In 2013, bitcoin is what I used to pay for the servers pseudonymously," Snowden said Saturday in a virtual appearance at CoinDesk’s Consensus 2022 conference in Austin, Texas. He gained fame in 2013 when he leaked classified information on the National Security Agency's surveillance of U.S. citizens.
"Generally, I don't encourage people to put their money in cryptocurrencies as a technology, and this is what distances me from a lot of people in the community," he added.
Snowden also defended the crypto industry in the face of criticism earlier this month by a group of tech experts who knocked cryptocurrency and blockchain technology in a letter to U.S. lawmakers to counter the industry's lobbying efforts.
Snowden said he believes the signatories were deliberately...
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