Bitcoin hit a new all-time high this year. The year 2020 turned out to be a driver for the BTC price and the combination of all external factors such as US monetary policy, rising household debt and global uncertainty caused by Covid-19 led to a veritable boom in demand for the number 1 crypto currency.
Edward Snowden, probably the best-known whistleblower in history, discussed the Bitcoin / US dollar trading pair in a recent tweet. Snowden showed that the leading currency of the 21st century can record a massive loss against Bitcoin.
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Bitcoin and US dollar: BTC shows strength
The Bitcoin software has been live since January 3rd, 2009 and thus this day counts as the birth of BTC.
Edward Snowden’s motivation to leave his previous life behind and to face enormous psychological and financial consequences was probably the goal of educating people.
To educate people about a policy of information gathering that has no privacy, but only national interest
And out of this motivation, Edward Snowden is also a proponent of Bitcoin. Because the cryptocurrency, which was designed by Satoshi Nakamoto in response to the financial and banking crisis of 2007/2008, is a digital concept of money that does without governments.
Bitcoin (BTC) is therefore the answer to economic repression policies that can be based on the strength of the dollar.
And so Snowden posted a tweet on December 7th about the dollar value in BTC via Twitter.