In a compelling keynote at the 2024 Bitcoin Conference, Edward Snowden warned about the potential privacy risks posed by the intersection of AI and blockchain technology. Drawing from his extensive background in intelligence and cybersecurity, Snowden emphasized that advanced AI models could soon be used to scrutinize blockchain transactions, which might endanger the privacy of cryptocurrency users globally​​​.

Edward Snowden declared Bitcoin the most significant monetary advancement since coinage. He highlighted Bitcoin’s capability to decentralize power away from authoritative regimes and stressed the importance of privacy in digital currency. Snowden urged the need for improved privacy features in Bitcoin to protect users from increasing government surveillance.

His speech coincided with Bitcoin’s substantial rally, reflecting its growing adoption and market value. “Unpopular but true: Bitcoin is the most significant monetary advance since the creation of coinage,” Snowden stated He reiterated that while Bitcoin is a powerful tool for financial freedom, it is also crucial for users to remain vigilant about privacy concerns. According to Snowden, “Bitcoin is not an anonymous ledger; it is a truly public ledger, and those transactions can be traced back if someone is dedicated enough.”

Snowden also touched upon the broader implications of AI and surveillance, warning that government and institutional adoption of such technologies could lead to unprecedented levels of control over individuals’ financial activities. His talk served as a crucial reminder of the ongoing struggle between maintaining privacy and embracing technological advancements​.

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