Edward Snowden: The Lack Of Privacy Is An Existential Threat To Bitcoin”

The former intelligence contractor Edward Snowden appeared at a two-day industry forum Bitcoin 2019 hosted by Bitcoin News in San Francisco on June 25-26th. From an unknown location in Russia, Snowden answered a lot of questions on privacy, cyber attacks, banking regulations and of course, Bitcoin. Snowden also spoke on the external threats to cryptocurrency and why privacy matters – whether or not someone has something to hide.

The 36-year-old said:

“We just saw Erik Voorhees on stage. He ran ShapeShift for a long time which was a very useful service. It let you go from one chain to another chain, from one token to another. And it was free. In terms of identification, you were able to openly transact. And then they completely changed their business model because…

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