Edward Snowden, the famous whistleblower, suggests that there was no reason for the bloodbath bitcoin endured and the fiasco was not needed. Bitcoin’s violent 50% price drop from yesterday caused too much chaos for no reason according to Edward Snowden, and he even says that for the first time in a while he’s contemplating on buying more bitcoin.

The cryptocurrency community witnessed a crypto massacre. The total market cap capitulated given some of the losses registered were over 50%. Bitcoin, for example, went from $8,000 to as low as $3,600 all within a day.

It was a given that the current plight would create chaos in the mind of the community. The members are still trying to grasp what has happened and how to come out of this mess.
<h2>Edward Snowden Playing it Cool</h2>
Edward Snowden is flying in the face of this adversity and is staying cool as a cucumber and even stating that there was no need for the outrageous plummeting that has been witnessed in the last 24 hours. He also reckons that this is a great opportunity to buy some bitcoins.

Edward Snowden is the most renowned whistleblowers of this generation. In 2013, he gained popularity when he initially stole papers, from the National Security Agency, (NSA) where he used to work back then, and then leaked them. The documents took the world by storm and included evidence of “ mass government surveillance on the public, espionage, computer hacking, phone tapping, and more” In the previous year, however, Edward Snowden admitted used bitcoin was his choice of payments and assisted him in revealing the documents.
<blockquote>“The servers that I used to transfer to transfer this information to journalists were paid for using Bitcoin.”</blockquote>
Edward Snowden has always held cryptocurrencies in high regard. On being quizzed, about Bitcoin’s role in illegal activities, he responded by saying that the number of criminals holding dollar is a hell lot more.

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Panic The Culprit Behind Bitcoin Massive Drop- Edward Snowden

The famous whistleblower Edward Snowden enunciated that Bitcoin’s violent 50% price drop from yesterday caused too much panic for apparently no reason.

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.

Panic The Culprit Behind Bitcoin Massive Drop- Edward Snowden

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