Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public und...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,” he said.
Edward Snowden Says Bitcoin Stronger Despite Governments’ Anti-Crypto Campaign
Former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence Agency (CIA), Edward Snowden, tweeted about bitcoin Sunday. It references another tweet he made last year that reads, “This is the first time in a while I’ve felt like buying bitcoin.”
“Sometimes I think back to this and wonder how many people bought bitcoin then,” Snowden wrote Sunday. “It’s up [about] 10x since, despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency. China even banned it, but it just made bitcoin stronger.”
The price of bitcoin rose from around $5K when he tweeted on March 13, 2020, to about $50K at the time of writing based on data from Bitcoin.com Markets.
Snowden has long been a supporter of bitcoin, tweeting about the cryptocurrency on multiple occasions.
When El Salvador made BTC legal tender alongside the U.S. dollar, the privacy activist wrote: “There is now pressure on competing nations to acquire bitcoin … Latecomers may regret hesitating.”
When Onlyfans said it would prohibit users from posting sexually explicit content due to mounting pressure from banking partners and payment providers, Snowden tweeted, “Bitcoin fixes this.” Furthermore, when President Joe Biden unveiled a historically large $6 trillion 2022 budget in May, Snowden wrote: “Six trillion dollars? This is good for bitcoin.”
What do you think about Edward Snowden’s comments about bitcoin? Let us know in the comments section below.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June
XRP price is trading around the $1.10 to $1.12 range after slipping 2% over the past day. This XRP prediction comes as price actio...
BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak
US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions fro...
EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails
The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. T...
Bitcoin ETF weekly trading volume falls to lowest since October 2024 as ether funds lead inflows again
Ether funds have drawn nearly as much capital as bitcoin ETFs over the past three weeks despite holding about one-eighth as much i...
Poolin Files Chapter 11 As Bitcoin Miner Moves Toward $52M Asset Sale
Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale process tied to i...
Saudi Arabia’s Red Sea crude exports drop 41% since March peak, rattling energy and crypto markets
Saudi Arabia's Red Sea crude exports fell 41% from their March 2026 peak amid Hormuz closure and Houthi threats, rattling oil and...