Snowden Watches Bitcoin Bottoms Again

Hacker Edward Snowden, who published confidential information about the USA, said on Twitter that he can’t wait to finally buy it after the Bitcoin drop since March 2020. These words came after the collapse of Sam Bankman-Fried’s FTX and Alameda Research, which caused a massive drop in the price of Bitcoin and cryptocurrencies as a whole. After the bankruptcy of FTX, a general decline was observed in the cryptocurrency market.

Snowden also showed his opposition to centralized exchanges by tweeting, “Centralized exchanges were a mistake” when the FTX empire collapsed. “We still have a lot of problems ahead of us, but I’m starting to get excited to log back in for the first time in a while,” Snowden said in his latest tweet.

Before that, Snowden last tweeted about logging into Bitcoin in March 2020, when BTC was trading at $ 6900. He had this to say about BTC at the time: “For the first time in a long time I wanted to buy Bitcoin. This drop caused a lot of panic for little reason.”

Since then, Bitcoin’s price has slumped as low as $16,744 at the time of this writing, after climbing to an all-time high of $68,983.

Snowden continued his words in his last tweet:

“Most people lie when they say ‘this is not investment advice’, but it’s not actually investment advice because I have zero financial education and have no idea what I’m doing.”