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‘Bitcoin Must Be Private By Design’: Edward Snowden

Speaking at Decrypt’s Ethereal Summit, infamous whistleblower Edward Snowden argued that Bitcoin must be made “private by design” in order to counter efforts to crack down on so-called “privacy coins” such as Monero.
“Bitcoin is really failing comprehensively on the privacy angle,” Snowden said, adding, “Now in 2021, everybody knows there’s a problem when we talk about digital surveillance.”
Snowden, a former contractor for the US National Security Agency who leaked highly classified intelligence in 2013, spoke to Marta Belcher, special counsel to digital privacy non-profit the Electronic Frontier Foundation. The pair discussed how cryptocurrencies can take the anonymity of cash and import it into the online world. Belcher added that she was very alarmed by attempts to extend “mass surveillance” on the crypto industry.
The privacy problem
The two also pivoted their attention to privacy coins such as Monero and ZCash. Unlike Bitcoin, privacy coins enable fully anonymous transactions. Ho

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