During his speech at the annual Bitcoin 2024 conference in Nashville, former NSA and CIA employee Edward Snowden urged American voters to remain critical and not to trust politicians blindly.
According to him, political figures and parties have their own interests, so it is important to “cast your vote, but not join a cult.”
Snowden expressed serious concerns about the privacy issues of the first cryptocurrency. He pointed out that Bitcoin transactions are not completely anonymous, despite common misconceptions, as they can be traced back to specific individuals.
“They know what you read, what you buy, to whom you send [Bitcoin], whom you support politically, where your donations went — all of this is available to them. They can draw conclusions about your thinking and beliefs,” Snowden stated.
In his view, many lawmakers are trying to win the affection of the Bitcoin community.
“They are not our clan. They are not your identity. They have their own interests and values they pursue. Try to get what you need from them, but do not give yourself to them, even if you have to vote for them,” Snowden added.
Earlier, U.S. presidential candidate Donald Trump, during his speech at Bitcoin 2024, promised to fire SEC head Gary Gensler and create a strategic Bitcoin reserve if elected.
The politician also intends to end the war on digital assets and turn the U.S. into the cryptocurrency capital of the world. He stated that “one fine day” Bitcoin will surpass gold and silver in market capitalization.
Previously at the same conference, MicroStrategy founder Michael Saylor predicted digital gold at $13 million by 2045.