NewsletterEdward Snowden Itching To Buy The Bitcoin Dip At $16.5K
Edward Snowden, the famous whistle-blower and an influential voice for privacy, has taken to Twitter to say that he’s finally itching to buy the Bitcoin dip since March of 2020.
This comes after the demise of Sam Bankman-Fried’s FTX and Alameda Research which caused a massive drop in the price of Bitcoin and cryptocurrencies as a whole.
Read More: FTX Exchange Files For Bankruptcy
The whistleblower also showed his dissent for centralized exchanges when the FTX empire collapsed, by tweeting that “Custodial exchanges were a mistake”.
Snowden Eyeing The Bitcoin Dip Again
In his most recent tweet, Snowden claimed that “There’s still a lot of trouble ahead, but for the first time in a while I’m starting to feel the itch to scale back in.”
Before this, Snowden last tweeted about making an entry into Bitcoin way back in March of 2020 when BTC was trading at $6900. This is what he had to say about BTC back then:
“This is the first time in a while I’ve felt like buying Bitcoin. That drop was too much panic for two little reason.”
Since then, Bitcoin’s price had increased to its all-time high of $68,983.45, before dropping to the current price of $16.607.07, at the time of writing.
There's still a lot of trouble ahead, but for the first time in a while I'm starting to feel the itch to scale back in. pic.twitter.com/saZXYq8MT2
— Edward Snowden (@Snowden) November 14, 2022
Snowden continued in his recent tweet to state,
“When most people say “this is not financial advice”, they’re lying, but this is actually not financial advice since I have zero financial education and no idea what I’m doing.”
Snowden On SBF’s Political Ties
Recently, Snowden also discussed the U.S. government’s inaction against Sam Bankman Fried, a major political donor who gave more than $36 billion to Democrats during the most recent election. Fried had made large contributions to the party earlier this year.
The White House sanctions and arrests kids for the "crime" of building privacy tools to protect you, while "regulators" were quietly palling around with the thieves who just robbed 5 million people.
The difference? The thieves were big political donors.https://t.co/LIhLq6FUMF
— Edward Snowden (@Snowden) November 13, 2022
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