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Home » The Mighty Whistleblower Snowden: Countries Secretly Acquiring Bitcoin as a Substitution for Gold Reserves
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The Mighty Whistleblower Snowden: Countries Secretly Acquiring Bitcoin as a Substitution for Gold Reserves

By adminMar. 1, 2024No Comments2 Mins Read
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The Mighty Whistleblower Snowden: Countries Secretly Acquiring Bitcoin as a Substitution for Gold Reserves
The Mighty Whistleblower Snowden: Countries Secretly Acquiring Bitcoin as a Substitution for Gold Reserves
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Possibly the most well-known whistleblower in the world, Edward Snowden, who exposed the “Prism Gate” incident in the United States, predicted yesterday that a sovereign country will be revealed to have been buying Bitcoin and replacing gold reserves with cryptocurrencies this year.

(Previous Summary:
Bitcoin investment in El Salvador earns over 40%! President Bukele: Our skeptics are now silent.
)

(Background Supplement:
It’s here! Bitcoin breaks $60,000, reaching a 27-month high.
)

Edward Snowden, the whistleblower who gained fame for exposing the Prism Gate incident in which the US National Security Agency (NSA) secretly monitored the global internet in 2013, posted on social platform X yesterday (29th), predicting that a country will be revealed this year to have been buying Bitcoin all along.

Snowden did not reveal any further information, but speculation among netizens includes China, which has banned cryptocurrencies, Russia, which hopes to escape sanctions, and even the United States… With nine months left in the year, let’s wait and see if his prediction comes true.

President of El Salvador: Bitcoin holdings up 40%, won’t sell!

We know that currently the only country publicly known to have purchased Bitcoin is El Salvador. Under the active promotion of President Nayib Bukele, El Salvador has implemented multiple Bitcoin policies, including developing wallets, $1 billion in Bitcoin bonds, and an investment citizenship program, among others.

Although El Salvador’s embrace of Bitcoin has faced criticism along the way, as Bitcoin briefly surpassed $64,000, Bukele recently posted saying that the country’s BTC holdings have already earned a profit of 40%, and sarcastically remarked that those skeptics are now silent.

Edward Snowden: Bitcoin is the biggest currency advancement since minted money

In fact, this whistleblower of the 2013 “Prism Gate” incident has always been a supporter of Bitcoin. As early as 2022, he expressed the view that Bitcoin is a substitute for gold.

According to the latest report from Bitcoin.com News, Snowden once again praised the historical progress of Bitcoin:

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