Edward Snowden’s Urgent Warning: Bitcoin’s Privacy Risks, and the Looming Surveillance State.

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– Snowden raised concerns about the misconception that Bitcoin transactions offer complete anonymity, highlighting that they can be traced back to individuals.

– He explained that Bitcoin transactions can be linked through various on and off-ramps, such as regulatory-compliant exchanges, revealing sensitive user information.

– Snowden warned about the potential for governments and corporations to exploit transaction data using AI to create detailed profiles of individuals without their consent.

– He discussed the broader implications of transaction tracking for all digital transactions, not just Bitcoin, in an increasingly surveilled environment.

– Snowden articulated how machine learning could identify normal transaction patterns, making it easier to detect unusual activities.

–  He expressed frustration that his concerns about privacy and surveillance have been largely ignored for the past decade.

– Snowden indicated that the opportunity to address these privacy issues is rapidly diminishing.

– He urged for increased awareness and efforts to secure Bitcoin transactions to protect user privacy in the digital age.



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Moro Blanco

A place where I write, compile, and share things that interest me from a wide range of topics.