Edward Snowden: Government Lawsuit To Block Book Is ‘Good For BTC’

The whistleblower known for copying and leaking highly classified information from the National Security Agency (NSA) back in 2013 when he was a CIA employee and subcontractor is in the latest cryptocurrency news. Edward Snowden recently spoke in reference to Bitcoin (BTC) and said that he might place his wealth in the flagship cryptocurrency in order to avoid the United States government confiscating the funds.

In a tweet on September 17, Snowden continued his response to the news that Washington is suing him over the content of his new book named “Permanent Record.” As he wrote:

“In conclusion this is good for Bitcoin.”

Edward Snowden, who lives in asylum in Russia, continued the debacle about the publication with the US Justice Department (DOJ) complaining that he did not submit a draft of it for approval before publication.

“We will not permit individuals to enrich themselves, at the expense of the United States, without complying with their pre-publication review obligations,” was what Jody Hunt, the Assistant Attorney General of the DOJ’s Civil Division said in an accompanying press release.

Meanwhile, Bitcoin has featured in moves by Snowden at the US government’s expense before. As many best cryptocurrency news sites reported in June, it emerged Bitcoin was the medium of choice he used to pay for servers used in a leak of data from the National Security Agency (NSA).

Nonetheless, in his previous comments, Edward Snowden revealed doubts about Bitcoin and its suitability as a financial means of avoiding government coercion. As he said in an interview in March 2018:

“The much larger structural flaw, the long-lasting flaw, is its public ledger.”

What was absent from Snowden’s plans this time was the privacy featured altcoin Zcash (ZEC), known in the coming altcoin news as a cryptocurrency that he previously praised. The Bitcoin supporters were thus more than happy with his publicity.

“Bitcoin is the currency of the people, for the people and by the people,” a popular response from an analyst known as Rhythm followed.

Meanwhile, the news show that Bitcoin has surged again and is nearing the $10,250 margin. The trading volume is good and the total market cap is at $272 billion as we speak.