NSA Whistleblower Edward Snowden Drops Bombshell At Bitcoin 2024 Conference

NSA whistleblower Edward Snowden gave a keynote speech at the Bitcoin 2024 conference in Nashville, during which he made certain shocking revelations about Bitcoin and the broader crypto ecosystem. He also made a case for why crypto remains an individual’s best bet against fighting corrupt institutional practices. 

What Snowden Said About Bitcoin

Snowden mentioned during his keynote speech at the Bitcoin 2024 conference that most Bitcoin transactions are fully doxxed, although not made public. He made this revelation while noting how this is possible, considering that transactions on the network are permanent and can be publicly verified by anyone. 

However, the whistleblower suggested that the identities of those making transactions on the Bitcoin network (and other chains) aren’t as anonymous as some might think. He further asserted that “legacy exchanges,” which act as on-ramps for crypto users, usually share users’ information with regulators, which Snowden called ‘great powers.’