Edward Snowden Battered Bitcoin
March 23, 2018
Edward Snowden, ex-member to the US NSA, has voiced his views on Bitcoin feasibility and noted, the primary cryptocurrency will soon be edged out by anonymous virtual assets.
Snowden is convinced, developers are too much focused on the issues of fast transactions instead of being concerned about Bitcoin’s public register.
Edward laid much emphasis on lack of anonymity being incompatible with safe trading mechanism as transaction history can be easily tracked by anyone.
Thus Snowden summarizes it all and says, Bitcoin will soon lose its marketability as there are many anonymous projects today with their number keeping on rising. Provided current situation Bitcoin’s chances are slim.