Edward Snowden - Crypto ( Bitcoin, Ethereum) headed in the wrong direction In an hour-long talk as a virtual guest at Camp Decrypt in Napa, California, Edward Snowden, the famed computer intelligence consultant, gave his take on the state of bitcoin, ethereum, and crypto in general. primarily from a privacy perspective, and in this regard, in Snowden's opinion, crypto as a whole is moving in the wrong direction. Snowden expressed his concern that a few centralized players, such as Coinbase, will give to the regulators, and once that happens, it's over. "Don't trust, verify" is the Bitcoin mantra. But from Snowden's perspective, although he has a love for Bitcoin, Snowden was critical of Bitcoin and its lack of anonymity in transactions. fears that the mass adoption and onboarding process of billions of people to use crypto will kill the spirit and purpose of crypto, similar to that of the original web. In the end, the regulators will have their CDBC, and the major centralized players will have their KYC and start scanning your face in order to buy. But before we listen to Snowden, if you're new to the Light Bulb channel or have not subscribed, make sure you do so as we put out daily content to keep you updated on the current financial newsMore Info