London Daily

Focus on the big picture.
Tuesday, Sep 01, 2026

Edward Snowden: $6 Trillion Stimulus, "This is Good for Bitcoin"

Edward Snowden: $6 Trillion Stimulus, "This is Good for Bitcoin"

Well-known whistleblower and privacy activist Edward Snowden commented this Friday on bitcoin, after the Biden administration announced 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and tweeted “this is good for bitcoin.”

The 37-year old former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence Agency (CIA), Edward Snowden, has once again commented on the leading digital asset bitcoin. Snowden’s statement on Twitter follows the last few days of reports discussing the Biden administration’s $6 trillion stimulus proposals to “build back a better” America.

“Six trillion dollars? This is good for Bitcoin,” the whistleblower Edward Snowden said on Friday. The tweet already has 43,500 likes and has been retweeted more than 6,000 times.

Of course, it’s not the first time Snowden has spoken about bitcoin, as the whistleblower and privacy activist has been very vocal about the subject in recent years. For instance, after the March 12, 2020 market carnage, otherwise known as ‘Black Thursday,’ Snowden said:

“This is the first time in a while I’ve felt like buying bitcoin. That drop was too much panic and too little reason.”

Back when Snowden’s book sales were confiscated by the U.S. Department of Justice (DoJ), after the DoJ announced a lawsuit against the whistleblower, Snowden also tweeted: “In conclusion, this is good for bitcoin.” Snowden, however, hasn’t been looked at too kindly by the bitcoin maximalist crowd because he’s criticized the crypto asset on a few occasions. Snowden recently took to Twitter and knocked the Human Rights Foundation’s (HRF) Alex Gladstein’s recent statements. Gladstein wasn’t a fan of Snowden’s recent interview.

“The worst part of cryptocurrency transforming into dragon-level wealth is witnessing good people emotionally devolve into dragons themselves: so intellectually paralyzed by the fear that everyone they see threatens their hoard that they lose sight of the world beyond their cave,” Snowden scathed in response to Gladstein’s Twitter statements.

The whistleblower has criticized bitcoin on occasion, but also explains that he uses it regularly and once called the technology the “first free money” system in the world. He’s discussed privacy coins on various occasions like monero (XMR) and zcash (ZEC). There is no doubt that Snowden is a believer in decentralized technologies and he’s mentioned many times that cryptos are a threat to the nation state’s monopoly over money.

In 2016, Snowden tweeted that “new technologies raise the possibility of unstoppable tax protests.” He has since deleted that tweet, but still talks positively about bitcoin and the crypto economy regularly to this day.

Source: Edward Snowden: $6 Trillion Stimulus, "This is Good for Bitcoin" – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
Royal Mail Keeps First-Class Stamps at £1.80 and Second-Class at 91p
Church of England Prepares Formal Apology Over Historical Forced Adoptions
UK Competition Regulator Caps Veterinary Prescription Fees at £21
UK Aviation Authorities Roll Out Airspace Changes to Reduce Flight Delays
England Makes School Allergy Policies Mandatory Under Benedict’s Law
England and Wales Tighten Child Safeguarding Checks by Removing Supervision Exemption
Cornwall Geothermal Plant Begins Commercial Power and Lithium Operations
UK Inflation Holds Near 2.9% as Energy Costs Remain a Risk
UK Productivity Growth Averages 1.1% Over Two Years, Resolution Foundation Says
England Introduces Nationwide School Smartphone Ban and Uniform Limits
UK Gives Border Officers New Powers to Seize Migrants’ Mobile Phones
Green Party Wins First Westminster By-Election in Gorton and Denton
UK and EU Advance Gibraltar Border Deal Allowing Spanish Guards to Conduct Arrival Checks
Robert Jenrick Joins Reform UK After Losing Conservative Whip
Andy Burnham Faces First Prime Minister’s Questions After Labour Cabinet Overhaul
ScottishPower Recycles Nearly All Materials From Historic Hagshaw Hill Wind Farm
Millions Travel Across England, Wales and Northern Ireland for Summer Bank Holiday
Met Office Issues Yellow Thunderstorm Warnings Across Southern England
Four Arrested After Bank Holiday Stabbing Violence in Kettering
Scottish Chamber of Commerce Warns Tax and Business Costs Risk Holding Back Scotland
UK Government Launches Youth Employment Drive With Major Retailers
UK and Ukraine Advance AI and Defence Technology Partnership
Prime Minister Andy Burnham Moves to Exclude Serious Offenders From Early Release
Twelve Arrested After A66 Crash Kills Seven, Including Two Police Officers
Bank of England Governor Warns AI Investment Boom Could Trigger Global Market Correction
London Science Museum Ends Long-Running BP Sponsorship
Scottish Homeowners Prepare Valuation Challenges Over Proposed Mansion Tax
UK Prosecutors Consider Charges Against Undercover Police in Spycops Scandal
James Cleverly Leaves Shadow Cabinet to Run for London Mayor
Avanti West Coast Drivers Agree 3.6% Pay Rise, Averting Strike Action
Allianz Explores £5 Billion Takeover of British Roadside Assistance Group AA
UK Government Retreats From Plan to Unfreeze Personal Income Tax Threshold
Northern Ireland Leaders Press UK Government for Sustainable Funding Settlement
UK Health Agency Warns Nationwide Salmonella Outbreak Could Worsen
NHS Warns Autism and ADHD Assessment Costs Have Become Unsustainable
UK Rejects Moratorium on AI Data Centres Despite Energy and Water Concerns
Thames Water Creditors Offer Government Golden Share in £10 Billion Rescue Plan
UK Warns Defence Executives of Russian Assassination and Sabotage Threats
Bank of England Holds Interest Rate at 3.75% Amid Inflation Risks
UK Restricts Early Prison Release for Serious Offenders as Jails Near Capacity
Genetic Study Finds Medieval Britain’s ‘Conquest Man’ Had Scandinavian Origins
Kemi Badenoch Plans Conservative Frontbench Reshuffle After Cleverly Departure
Nissan Sunderland Plant Highlighted as Key Economic Anchor for North East England
UK Arts Report Finds Women Face Persistent Barriers to Career Progression
Private Equity Consolidation of UK Veterinary Practices Raises Consumer Cost Concerns
South West Water Ranked Worst in England for Environmental Performance
British Train Drivers Secure 3.6% Pay Rise, Averting Strike Threat
UK Prosecutors Consider Charges Against Officers in Undercover Policing Scandal
James Cleverly Leaves Conservative Shadow Cabinet to Run for London Mayor
Allianz Explores £5 Billion Takeover of British Roadside Assistance Group AA
×