Celebrity whistleblower Edward Snowden has made his stance on the frenzy around dog memes-focused coins clear in his latest tweets. The 38-year-old cybersecurity expert said he looks at cryptocurrencies like Dogecoin and Shiba Inu with distaste for their weak sense of humor.
He also expressed concern that many investors might confuse dog money with a legitimate investment, which could hurt them financially. Still, Snowden did give some praise for Dogecoin co-founder Billy Markus, claiming to be a “positive voice” within the cryptocurrency community.
Snowden stated that he respects people who see the dog meme as a pointless joke rather than trying to present their focused money as something serious. As we mentioned earlier, Snowden warned people not to spend their hard-earned money on Shiba Inu. SHIB in particular has dropped nearly 35% since Snowden’s tweet.
“Centralized rubbish coins”
Snowden anonymously targeted venture capitalists who wrote negative things about Bitcoin and promoted “central junk coins.”
He also stated that the servers he used to leak highly confidential information to reporters were paid for with the help of the largest cryptocurrency. But the former CIA subcontractor emphasized that Bitcoin is not maximalist.
Snowden also announced his support for Zcash, an anonymous-focused cryptocurrency that has recently moved to Proof of Stake, saying that it addresses Bitcoin’s “enormous” privacy issue.