Former Central Intelligence Agency computer consultant Edward Snowden talked in the Ethereal Virtual Summit 2021.
A clip of the Summit was shared by Alex Gladstein, Chief Strategy Officer for the Human Rights Foundation and Oslo Freedom Forum, via his Twitter account.
Snowden said that Bitcoin has failed in this category and its potential upgrade, Taproot, could even make it worse, contrary to popular belief.
But to build a robust digital cash system with a decentralized mint aiming to serve the whole world for hundreds of years, you can’t just focus on privacy.
Later, Snowden reply to Gladstein and called his statements “misleading”.
Bitcoin’s disastrous privacy is the “missing stair” of cryptocurrency.
He praised some privacy projects, such as Zcash and Monero.
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.