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Competing Nations Under Pressure For Acquiring Bitcoin: Edward Snowden

 



After giving Bitcoin the status of legal tender by El Salvador, there is constant pressure on other competing countries in acquiring BTC, said Edward Snowden, a privacy activist, and whistleblower. According to him, those who would miss out on the opportunity in acquiring Bitcoin even for the reserve asset will repent later. 


Edward Snowden Warns Hesitant Countries In Accepting Bitcoin


Edward Snowden, an ex-computer intelligence consultant for NSA, and contractor for CIA has recently expressed his view on Bitcoin as legal tender by El Salvador. According to his tweet, Bitcoin is now formally given the status of legal tender by El Salvador. And now it seems the pressure is brewing up on other competitive nations in acceptance of Bitcoin even as a reserve asset. Those who will be late in fetching out this opportunity will have to repent later for their hesitation. 


Not only Edward who has expressed his concern in acceptance of BTC after El Salvador remarkable step in giving Bitcoin the legal tender status, but Dante Mossi is also the one who joins him. The executive president of CABEI, Bitcoin adoption as legal tender in El Salvador is a positive step. He also added that with the drop of remittances, the other nations would certainly seek this benefit and will surely accept it.


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