Edward Snowden recalled the forecast of buying bitcoin at the time of its fall in March

Former National Security Agency (NSA) and CIA officer Edward Snowden confirmed he was right about Bitcoin’s prospects during the March crash.

Bitcoin was ~$5,000. https://t.co/pbnOFGfaVf

— Edward Snowden (@Snowden) December 7, 2020

Then Snowden said that for the first time he felt: the time had come to buy bitcoin since in his opinion there was no particular reason for panic. His intuition did not disappoint him – at the peak of the fall in March, the first cryptocurrency was valued at $ 5,000, and in early December it renewed the maximum above $ 19,900.

The ex-NSA employee has become an even more committed supporter of digital gold.

“These are bad times. McChicken is no longer found on the McDonalds menu. Today I found out that since 2013 the dollar has depreciated against bitcoin by 99.93%.” – he wrote.

Today I learned the dollar has lost 99.93% of its value since 2013 (relative to Bitcoin). https://t.co/txthu3YMIk

— Edward Snowden (@Snowden) December 7, 2020

Between 2015 and 2020, Edward Snowden made $ 1.27 million as a speaker and moderator for various virtual conferences, including $ 35,000 in cryptocurrency-related ones.

Recall that the unprecedented pace of quantitative easing and growth in the ratio of debt to GDP analysts named Bloomberg as one of the reasons for their forecast of Bitcoin price movement to $ 50,000 in 2021.

Read new crypto forecasts and current crypto news every day at https://news.bitxmi.com/

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.