Edward has indeed been active on Crypto Twitter in recent months, which could indicate a deep involvement in the space. When he leaked confidential info from the National Security Agency in 2013, he sparked international media attention. Then, as a computer intelligence consultant for the US government,

Snowden rose to prominence after revealing that the National Security Agency was spying on Americans, sparking a national debate about privacy and human rights. He was dubbed a hero by some. Others referred to him as a traitor.

Within weeks of his story making international headlines, he was charged with violating the 1917 Espionage Act. Two days later, he fled to Russia. He was granted citizenship earlier this year and is now permanently based in Moscow.

He has become one of the world's most famous whistleblowers as a result of the attention his leaked files received. While most people remember him for his fateful act against the world's most powerful government, he is viewed differently in cryptocurrency. Snowden was an early Bitcoin supporter, praising the top cryptocurrency's decentralized properties when the digital assets ecosystem was a fraction of what it is now.

He's been outspoken about the value of privacy, which crypto's most ardent supporters have always supported. He's also recently become a Crypto Twitter icon. While Snowden's rise in the crypto space has taken some by surprise, it should not surprise those who have followed his story. Because, in many ways, he should be one of the most visible supporters of Internet money.

The right to privacy is a fundamental human right

Snowden was charged with espionage and stealing state property by the US government, but he maintained that he was leaking the classified files for the greater good. He disclosed the documents to a number of journalists because he disagreed with his country's mass surveillance operations and believed that privacy was a fundamental human right.

He has also mentioned Bitcoin numerous times, but he has previously indicated that he believes the top cryptocurrency is flawed due to its public nature. "Bitcoin is failing as an electronic cash system even though cash is largely destined to be anonymous," he said at the Consensus 2022 crypto conference.

Snowden has also expressed dissatisfaction with the Department of Justice's decision to sanction Tornado Cash, a privacy protocol that allows cryptocurrency users to conceal their transaction history. Central banks around the world prepare to release their own state-backed digital currencies, which could jeopardize the principle of a free society.

Introducing the Bottom

Every active cryptocurrency user wishes they could predict market tops and bottoms, but Edward has proven he's better at it than most. He also commented on the crypto market's panicked reaction to COVID-19 in March 2020, taking an argumentative bullish view in the hours following a severe crash known as "Black Thursday."

The crypto market crashed after the coronavirus was declared a global pandemic, with Bitcoin and Ethereum falling more than 40% in a single day.

However, as traders and holders warned of impending doom, Snowden offered a more upbeat assessment of the situation. Black Thursday would mark the top cryptocurrency's generational low, and by 2021, it would be leading a bull market that would span the entire crypto space. Bitcoin peaked at $69,000, a 1,600% increase from the bottom, 18 months after he declared the panic.

Interestingly, he also commented on the state of the market shortly after FTX's demise. In a one-sentence tweet on November 14, he alerted of trouble ahead but added that he was starting to feel the itch to re-enter the market, along with a photo of where he'd pinned the March 2020 bottom call.

While it is too early to tell whether crypto has reached a local bottom, Snowden has demonstrated that he has his finger on the pulse of market movements. Such foresight is typically acquired through experience, which he most likely possesses.

Memes on Twitter

Snowden has made no secret of his belief in the value of privacy and monetary freedom over the years, but his proximity to cryptocurrency has become especially apparent during the current winter period. In recent months, he has repeatedly appeared in Crypto Twitter conversations, adopting lingua franca such as "lmeow" (crypto speak for "lmao," popularized by the pseudonymous cat character CL).

He also has been welcomed with open arms whenever he has appeared in Crypto Twitter conversations. Crypto's ardent followers have expressed surprise that he could be "one of us," but his keen interest makes sense in light of the technology's long-term potential.

His thorough understanding of the crypto community and its eccentric nature demonstrates that he's deep in the reeds, closely following the fast-moving world to know all of the big memes and personalities. Indeed, some have theorized that he may have an "alt" Twitter account dedicated to interacting with crypto enthusiasts. Snowden has not publicly acknowledged whether he has any secret aliases, but given his recent activity, it would not be surprising given his recent activity.

Current Events

As Snowden has grown in prominence in the crypto community, he has become more vocal about current issues. Most notably, he's shared his thoughts on the FTX crisis, calling out shamed wunderkind Sam Bankman-Fried for his fraudulent behavior as the exchange's CEO. Snowden drew a parallel between Bankman-Fried and Tornado Cash developer Alexey Pertsev on November 13, criticizing SEC Chair Gary Gensler for his relationship with FTX's former overlord.

He made a greater sacrifice than most people will ever make when he exposed injustice within the United States government in 2013, so his comments on FTX and Tornado Cash should be no surprise. Aside from these recent scandals, Snowden's place in crypto seems appropriate.

Because they believe the traditional financial system is flawed, many people are drawn to Bitcoin and other cryptocurrencies. While Snowden has ministered crypto as more than an interruptive alternative to banks, it is clear that he believes it has the potential to make the world a better place.

Most crypto enthusiasts believe that this technology is the world's most powerful defiance of government control. Snowden went against his own government in 2013 by leaking classified information, knowing that his actions could cost him his life. In retrospect, it appears obvious that he would emerge as one of crypto's most prominent figures.

What do you think of Snowden being a crypto star? Let us know your thoughts by sharing this article on social media.

*Photo Credits to: Pogorelova Olga and Dmytro Vikarchuk (edited by Mariia Kozyr)*

Posted 
Nov 22, 2022
 in 
Digital Lifestyle
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