Snowden praises BTC transactions and Satoshi’s anonymity 14 years after Bitcoin White Paper

Snowden praises BTC transactions and Satoshi’s anonymity 14 years after Bitcoin White Paper

Snowden praises BTC transactions and Satoshi's anonymity 14 years after Bitcoin White Paper

Transaction speed has long been one of the main selling points of the Bitcoin (BTC) network, while its creator, the mysterious Satoshi Nakamoto, remains anonymous despite some people claiming to be him, so far without substantial evidence.

Among the notable individuals impressed by the speed of Bitcoin’s lightning network, as well as the continued anonymity of its architect, is Edward Snowden, a former computer intelligence consultant who has been on the run after leaking thousands of classified documents from the US National Security Agency (NSA). press.

Indeed, Snowden has expressed his fascination with the network’s “basically instantaneous” transactions and its founder’s continuing devotion to anonymity, as he shared Nakamoto’s Bitcoin White Paper on October 31, which marked the 14th anniversary of its publication.

Snowden’s unyielding belief in Bitcoin

Specifically, in one follow up to the white paper tweet he highlighted that:

“Today marks 14 years, but Satoshi remains anonymous. Remarkable.”

Furthermore, answers to one comment from billionaire Leland McKnight who is reluctant to use “a currency that holds up cash lines”, Snowden so that:

“Transactions are basically instant on lightning-enabled wallets these days. Have you tried it?”

Interestingly, a commenter implied that the crypto community thought none other than Snowden was the legendary Nakamoto, as the former NSA analyst determined denied.

Snowden has been on the run since he leaked the NSA documents in 2013, and sought refuge in Russia where in October 2020 he was granted unlimited permanent residence, he was granted Russian citizenship on 26 September 2022 by the country’s President Vladimir Putin.

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All along, he has been an ardent Bitcoin supporter and was one of the notable personalities who praised it back in December 2020, when the decentralized finance (DeFi) token first crossed $20,000, its all-time high (ATH) at the time.

Bitcoin price analysis

It’s worth noting that at the time of publication, Bitcoin was trading at roughly the same level as then – $20,617 – recording a 0.50% drop on the day, but a 7.02% gain on the week, which equates to the the monthly growth of 7.84%.

Bitcoin 7-Day Price Chart. Source: Finball

As it stands, Bitcoin remains by far the largest cryptocurrency by market capitalization, which at press time stood at $395.96 billion, according to data obtained by Finbold on November 1.

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