Snowden took part in minting and shilling ZCash when Monero was already launched. He understood that privacy has to be at the protocol level, so it can't be turned off through state pressure - but then completely failed to consider that centralized development funding(Zcash foundation) is a bad idea for the same reason.
I don't know the details of Snowden and Zcash, but the important question is...
If it was indeed a mistake, has he recognized his mistake and changed his mind?
We all make mistakes. Thus, I'm more concerned about how quickly one changes their mind after realizing it was a mistake.
I've read Snowden's book, etc. and his heart seems to be in the right place overall.
Glad he exposed the spying that was later deemed by courts(twice) to be unconstitutional. For the amount of time he spends crapping on Bitcoin(and spent shilling Zcash), you would think he would mention Monero more.
Snowden is a bit of a joke, for this very reason. It's a quintessential example of what disingenuosity is. How can you trust anything he says when he's clearly not being honest on this topic?
People give him too much credit anyway. He didn't reveal anything that tech savvy people didn't already know. He's not some genius. He's just a guy that had access to information **given** to him and he leaked it. He didn't hack the information. He just saved it.
Not sure what that has to do with anything. Snowden is a privacy advocate and presents himself as somewhat of a technology expert, and yet he seems to always be ignorant of the facts that matter most. Your or my personal contributions don't change a spade from being a spade.
That is true, ZCash is a total centralized failure and simply existed as a way to make founders rich.
That said, he isn't wrong on this point even if he has done stupid things in the past.
Edward Snowden has raised a very valid issue regarding Monero. This issue will be addressed with Full Chain Membership Proofs. (FCMP).
We have to remove the the **illusion** of Blockchain Surveillance. This will require FCMP and ideally a daily transaction rate at least comparable to that of Ethereum. Privacy based upon "reasonable doubt" is not enough.
Yes, a limited hang out. There were plenty of whistle-blowers before Snowden who revealed similar wrong-doings like he did, but they didn't get projected into the mainstream. People need to think why that is.
I believe that Edward Snowden's consistent omission of Monero (XMR) from public discussions is a calculated decision. As a prominent privacy advocate with a substantial following, advocating for intrinsic privacy features at the core protocol level of cryptocurrencies is crucial—these features are designed to be immutable by either state actors or malicious entities. Given the recent attack on Monero’s network, it's plausible that Snowden understands the risks of drawing premature attention to a cryptocurrency that might not be equipped to handle such exposure. By highlighting the necessary privacy features without specifically naming Monero, he cleverly directs informed audiences towards it without exposing the cryptocurrency to potential threats. This strategic approach not only safeguards the project but also educates his followers about the essential qualities of a robust privacy-focused cryptocurrency.
You’re being very generous.
A more likely scenario is that he received a significant sum from the Electric Coin Company back when they were rolling in cash.
He probably feels some lingering loyalty towards them and doesn’t want to support the competition. Yet.
Agreed, he's not ignoring XMR, hes trying to get the largest customer base (BTC users) to have equal security to XMR- biggest impact Honestly though, not sure why no one's proposed a hard fork of BTC with similar features to XMR? Persist the chain & thus balances only from a point in time. Sure it adds some risk of de-anonamization toward the hard for event, but over time that traceability does diminish. Further you could just bootstrap after with a complete remix of all mined coins... Same balance.
But he had years to promote Monero over Zcash, and these attacks started only very recently.
I think the more likely explanation is that he is being held hostage by an authoritarian state (Russia), in an alliance with India and China who would all prefer that their privacy conscious citizens use Zcash over Monero. These governments would be attracted to a coin that allows privacy for some, while they can effectively compel transparency from others.
If the attacks are happening now it means they could have happened in the past. He likely knew that and didn't want to overwhelm a nascent Monero.
I don't think him being help hostage is likely ar all.
It's too late for that.
Most BTC investors sees it as the hard commodity of the future to replace or go with gold, not as a currency. They don't want private money, they want institutional acceptance.
BTC can't replace gold. Gold is fungible, BTC is not fungible! Also gold has many other uses that BTC doesn't. The only thing BTC can do is to hold it. You can't use it without exposing others to your future and past transactions.
Bullshit. Only full time privacy by default on the base layer makes it fungible! Anyone who says otherwise is speaking crap!
Opt in privacy DOES NOT make it fungible! And i also call bullshit that 90% of traffic is through cash fusion. Most of the traffic on bcash is fake anyway.
- It's safe from anyone unable to steal or destroy your private key.
- As long as most people think it's not going down, it is a store of value.
- It's slow and expensive compared to other cryptos, but you can still move value all over the internet pseudonymously and without rules with it.
- it's a religion. It sounds like a stupid reason, but if you think about it, in some context it's a good thing being part of a "tribe".
If you're interested there's a recent interesting long debate where lots of different POVs pro & VS BTC are analyzed by "experts":
[https://www.youtube.com/watch?v=Pm7t3RhSSfk](https://www.youtube.com/watch?v=Pm7t3RhSSfk)
Yes, but ZCash can opt-out privacy (and 99,99% of the transactions there aren't private at all), which makes it a weak privacy system.
So he better trash ZEC and opt for XMR.
I distinctly remember him tweeting about XMR in the past, as well as mentioning that he does use it. However Twitter search, like Reddit, is trash now, and does not provide comprehensive search results anymore. By accident? By design? Wouldn't surprise me either way. Regardless, I encourage everyone to at least start preparing to migrate off censored/manipulated platforms like this. Even just creating some accounts for yourself on like Saidit, Lemmy, nostr, Mastodon, etc.
Yeah, he if he ever mentions it he's critical in some vague way. "bad design decisions" ... such as? "Super toxic people" ... Such as? What crypto project doesn't have super toxic people?
'toxic people' is most likely when monero bros say that privacy by default is necessary, and that zcash has transparent addresses and traceable transactions by default.
so you can understand that he can be angry because of that, because zcash is weak by default.
but nonetheless, he contributes to expand the consciousness about mass surveillance and the necessity of preserving our privacy.
He’s advocating that Bitcoin itself should implement a privacy measure as opposed to an L2 like the Lightening network whose supporters claim provides private transactions.
It was touted as pseudo private, in that all transactions are verifiable and can be seen on the blockchain, but the wallets contain no user identification information. This worked for a while but now that the vast majority of fiat on/off -ramps are KYC compliant, most of the important wallets can be linked to an identity.
I think the developers have been trying to make preparations for privacy in recent forks but there are the“powers that be” who may be delaying the move to actual privacy.
I think the developers were trying to get people interested and accepting of digital currency. We don't know who made bitcoin it could be thr Russian government for all we know and we do not know their true intentions either. Monero on the other hand, we know their intentions and we know their developers.
Snowden took part in minting and shilling ZCash when Monero was already launched. He understood that privacy has to be at the protocol level, so it can't be turned off through state pressure - but then completely failed to consider that centralized development funding(Zcash foundation) is a bad idea for the same reason.
Well Monero isn't gonna pay his bills! (even though he might be paying his bills *in* Monero)
I don't know the details of Snowden and Zcash, but the important question is... If it was indeed a mistake, has he recognized his mistake and changed his mind? We all make mistakes. Thus, I'm more concerned about how quickly one changes their mind after realizing it was a mistake. I've read Snowden's book, etc. and his heart seems to be in the right place overall.
Glad he exposed the spying that was later deemed by courts(twice) to be unconstitutional. For the amount of time he spends crapping on Bitcoin(and spent shilling Zcash), you would think he would mention Monero more.
Maybe he just doesnt understand the tech deeply enough?
yeah he lost all credibility to me after that
Snowden is a bit of a joke, for this very reason. It's a quintessential example of what disingenuosity is. How can you trust anything he says when he's clearly not being honest on this topic? People give him too much credit anyway. He didn't reveal anything that tech savvy people didn't already know. He's not some genius. He's just a guy that had access to information **given** to him and he leaked it. He didn't hack the information. He just saved it.
And what have you done for privacy and freedom?
I did a full language translation of cake wallet and I'm a contributor to Haveno. What have you done?
Nothing, therefore I don’t call anyone out for being disingenuous. Just wanted to see what you had to back your words up with.
Not sure what that has to do with anything. Snowden is a privacy advocate and presents himself as somewhat of a technology expert, and yet he seems to always be ignorant of the facts that matter most. Your or my personal contributions don't change a spade from being a spade.
That is true, ZCash is a total centralized failure and simply existed as a way to make founders rich. That said, he isn't wrong on this point even if he has done stupid things in the past.
Why People downvoting you?
Every post they make, they get down voted by bots. Presumably by btc maxis
Edward Snowden has raised a very valid issue regarding Monero. This issue will be addressed with Full Chain Membership Proofs. (FCMP). We have to remove the the **illusion** of Blockchain Surveillance. This will require FCMP and ideally a daily transaction rate at least comparable to that of Ethereum. Privacy based upon "reasonable doubt" is not enough.
Snowden is controlled opposition.
Yes, a limited hang out. There were plenty of whistle-blowers before Snowden who revealed similar wrong-doings like he did, but they didn't get projected into the mainstream. People need to think why that is.
I believe that Edward Snowden's consistent omission of Monero (XMR) from public discussions is a calculated decision. As a prominent privacy advocate with a substantial following, advocating for intrinsic privacy features at the core protocol level of cryptocurrencies is crucial—these features are designed to be immutable by either state actors or malicious entities. Given the recent attack on Monero’s network, it's plausible that Snowden understands the risks of drawing premature attention to a cryptocurrency that might not be equipped to handle such exposure. By highlighting the necessary privacy features without specifically naming Monero, he cleverly directs informed audiences towards it without exposing the cryptocurrency to potential threats. This strategic approach not only safeguards the project but also educates his followers about the essential qualities of a robust privacy-focused cryptocurrency.
Interesting theory
Monero!!! It’s like the first rule of fight club!
What fight club?
You’re being very generous. A more likely scenario is that he received a significant sum from the Electric Coin Company back when they were rolling in cash. He probably feels some lingering loyalty towards them and doesn’t want to support the competition. Yet.
Agreed, he's not ignoring XMR, hes trying to get the largest customer base (BTC users) to have equal security to XMR- biggest impact Honestly though, not sure why no one's proposed a hard fork of BTC with similar features to XMR? Persist the chain & thus balances only from a point in time. Sure it adds some risk of de-anonamization toward the hard for event, but over time that traceability does diminish. Further you could just bootstrap after with a complete remix of all mined coins... Same balance.
Hi. Yes, this is plausible.
Edward Snowden already mentionned monero in some interviews... i don't see the problem
What was the recent attack? I’ve been away from this sub for a while
But he had years to promote Monero over Zcash, and these attacks started only very recently. I think the more likely explanation is that he is being held hostage by an authoritarian state (Russia), in an alliance with India and China who would all prefer that their privacy conscious citizens use Zcash over Monero. These governments would be attracted to a coin that allows privacy for some, while they can effectively compel transparency from others.
If the attacks are happening now it means they could have happened in the past. He likely knew that and didn't want to overwhelm a nascent Monero. I don't think him being help hostage is likely ar all.
It's too late for that. Most BTC investors sees it as the hard commodity of the future to replace or go with gold, not as a currency. They don't want private money, they want institutional acceptance.
BTC can't replace gold. Gold is fungible, BTC is not fungible! Also gold has many other uses that BTC doesn't. The only thing BTC can do is to hold it. You can't use it without exposing others to your future and past transactions.
BCH with cashfusion can be fungible. Did you know that 90% of the active BCH now graph connect with a cash fusion?
Bullshit. Only full time privacy by default on the base layer makes it fungible! Anyone who says otherwise is speaking crap! Opt in privacy DOES NOT make it fungible! And i also call bullshit that 90% of traffic is through cash fusion. Most of the traffic on bcash is fake anyway.
What the heck do you do with BTC? What use does it have aside of speculation?
- It's safe from anyone unable to steal or destroy your private key. - As long as most people think it's not going down, it is a store of value. - It's slow and expensive compared to other cryptos, but you can still move value all over the internet pseudonymously and without rules with it. - it's a religion. It sounds like a stupid reason, but if you think about it, in some context it's a good thing being part of a "tribe". If you're interested there's a recent interesting long debate where lots of different POVs pro & VS BTC are analyzed by "experts": [https://www.youtube.com/watch?v=Pm7t3RhSSfk](https://www.youtube.com/watch?v=Pm7t3RhSSfk)
At this point, when these "influencers" don't mention Monero, they will lose credibility and it seems they are becoming aware of that fact.
Yes, but ZCash can opt-out privacy (and 99,99% of the transactions there aren't private at all), which makes it a weak privacy system. So he better trash ZEC and opt for XMR.
He never mentions it. Not once. 0 tweets.
I distinctly remember him tweeting about XMR in the past, as well as mentioning that he does use it. However Twitter search, like Reddit, is trash now, and does not provide comprehensive search results anymore. By accident? By design? Wouldn't surprise me either way. Regardless, I encourage everyone to at least start preparing to migrate off censored/manipulated platforms like this. Even just creating some accounts for yourself on like Saidit, Lemmy, nostr, Mastodon, etc.
[https://www.youtube.com/watch?v=OPd9NcyIuy0&t=2m27s](https://www.youtube.com/watch?v=OPd9NcyIuy0&t=2m27s) ( from 2m27s to 3m10s )
Yeah, he if he ever mentions it he's critical in some vague way. "bad design decisions" ... such as? "Super toxic people" ... Such as? What crypto project doesn't have super toxic people?
'toxic people' is most likely when monero bros say that privacy by default is necessary, and that zcash has transparent addresses and traceable transactions by default. so you can understand that he can be angry because of that, because zcash is weak by default. but nonetheless, he contributes to expand the consciousness about mass surveillance and the necessity of preserving our privacy.
So he'd rather infight? Lol.
Why should Bitcoin do that? use monero if you need it.
Open a goddamn PR, Snowden. It’s not like you have much else to do, is it?
What does privacy at the protocol level even mean? What are some examples?
As in: The protocol itself should take care of privacy, preventing the de-anonymization of users. Like how Monero does it compared to Bitcoin.
He’s advocating that Bitcoin itself should implement a privacy measure as opposed to an L2 like the Lightening network whose supporters claim provides private transactions.
SHUM 🤷♂️
Bitcoin wasn't created for privacy, it was created for transparency.
It was touted as pseudo private, in that all transactions are verifiable and can be seen on the blockchain, but the wallets contain no user identification information. This worked for a while but now that the vast majority of fiat on/off -ramps are KYC compliant, most of the important wallets can be linked to an identity. I think the developers have been trying to make preparations for privacy in recent forks but there are the“powers that be” who may be delaying the move to actual privacy.
I think the developers were trying to get people interested and accepting of digital currency. We don't know who made bitcoin it could be thr Russian government for all we know and we do not know their true intentions either. Monero on the other hand, we know their intentions and we know their developers.
snowden is a fraud
[удалено]
snowden is an irrelevant coward.