Edward Snowden recalls Bitcoin-buying forecast as price falls in March

Former NSA and CIA employee Edward Snowden confirmed that he was right about Bitcoin’s prospects during the March crash.

Bitcoin was ~$5,000. https://t.co/pbnOFGfaVf

— Edward Snowden (@Snowden) December 7, 2020

Back then Snowden said that he first felt the moment to buy Bitcoin, as there was little reason to panic in his view. His intuition did not fail — at the March low Bitcoin was valued at $5,000, and in early December reached a peak above $19 900.

The former NSA employee has become an even more convinced advocate for digital gold.

“Dark times have begun. You can no longer find McChicken on the McDonald’s menu. Today I learned that since 2013 the dollar has lost 99.93% of its value relative to Bitcoin,” he wrote.

Today I learned the dollar has lost 99.93% of its value since 2013 (relative to Bitcoin). https://t.co/txthu3YMIk

— Edward Snowden (@Snowden) December 7, 2020

As Bloomberg named them as one of the reasons for their forecast that Bitcoin would move to $50 000 in 2021.

ForkLog previously wrote that from 2015 to 2020 Edward Snowden earned $1.27 million as a speaker and moderator of various virtual conferences, including $35 000 – on cryptocurrency-related events.

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