For Edward Snowden, it's time to buy Bitcoin

Credit: Eivind Pedersen – Pixabay

Famous American whistleblower perceives recent fall in cryptocurrency prices like a opportunity for buy of Bitcoin.

Friday on Twitter, Edward Snowden wrote that it was "the first time in a long time" that he wanted to buy Bitcoin because the current drop was not really justified.

This is the first time in a while I’ve felt like buying bitcoin. That drop was too much panic and too little reason.

– Edward Snowden (@Snowden) March 13, 2020

While the stock markets have unscrewed and the bitcoin price lost almost 40% of its value in the past week due to general panic related to coronavirus, the first cryptocurrency on the market still records losses today and is now evolving under 5000 dollars.

Last summer, Snowden welcomed the decentralized nature of Bitcoin and the freedom it gives users to trade without supervision, especially in a world where surveillance is increasingly strengthened by the emergence of technology.

A refugee in Russia since he exposed massive surveillance of communications in the United States and other countries in 2013, the former NSA employee recently released an autobiography.

The waiters that I used to transfer the information to the journalists were paid using Bitcoin, "He revealed last year.

Caution: Investing in crypto assets, including Bitcoin, is extremely risky. Cryptocurrency prices are prone to large and unpredictable price movements.