Cybersecurity Expert Edward Snowden clarified his stance on the canine coin mania

The world-famous whistleblower from the US, Edward Snowden, explained why he’s not into all flavors of dog money after aiming for centralized garbage coins. Specifically, he refers to cryptocurrencies like Dogecoin and Shiba Inu with a distaste for his poor sense of humor.

Edward Snowden explains why he’s not into Dogecoin and Shiba Inu

He is also concerned that many buyers may mistake dog money for a legitimate investment, which will hurt them financially. However, the Famed whistleblower had some praise for Dogecoin co-founder Billy Markus. With him, Markus is a positive voice within the cryptocurrency community.

He mentioned that he respects people who treat dog coins as a frivolous joke rather than trying to present them as something serious.

As AZCoin News reported, Snowden warned his five million Twitter followers not to splurge on their hard-earned money on Shiba Inu, sparking a community buzz about the hottest meme coin of the year. Notably, SHIB has dropped about 35% since Snowden’s tweet.

Elsewhere, Snowden also targeted venture capitalists. They are the ones who write negative things about Bitcoin while promoting the centralized garbage-coins in which these VCs happen to have a significant stake.

He also mentioned that the servers he uses to leak top-secret information to journalists had been paid with the help of the largest cryptocurrency. However, he emphasized that he is not a Bitcoin maximalist himself. In return, he expressed his support for Zcash, saying it solved Bitcoin’s enormous privacy problem.

Read more:

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like