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October 3, 2022
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Edward Snowden talks about Bitcoin and the dollar bankruptcy

Edward Snowden talks about the devaluation of the dollar.

American whistleblower Edward Snowden has just learned that the US dollar has lost 99.93% of its value against Bitcoin since 2013.

“Today I found out that the dollar has lost 99.93% of its value since 2013 (in relation to Bitcoin).”

The 37-year-old also remembered his prescient tweet that dates back to March 13, when Bitcoin lost half its value in a single day.

At that time, Snowden said that the seismic dive was “very panic and little reason.” Bitcoin is currently up 288%, trading at $ 19,200.

The dollar

With US debt reaching $ 27 trillion in the third quarter and the money supply experiencing its biggest monthly increase to date, the dollar appears to be increasingly fragile due to fears of inflation.

The dollar index (DXY) is currently at its lowest level since April 2018, after three consecutive weeks in the red.

Snowden says he understood how bleak things really were when McChicken was removed from McDonald’s dollar menu.

Zcash

The former National Security Agency (NSA) contractor first tweeted about Bitcoin in September 2017 to praise the Zcash (ZEC) privacy currency.

“Zcash’s privacy technology makes it the most interesting Bitcoin alternative. Bitcoin is great, but ‘if it’s not private, it is not secure’.

Snowden – who recently received permanent residency in Russia – made headlines worldwide after leaking highly confidential NSA documents in 2013.

While Washington continues to call for his extradition to the U.S., Democratic lawmaker Tulsi Gabbard also pressures President Donald Trump to forgive the controversial figure.

Source: U.Today

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