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Edward Snowden Says 'Never Seen' Bitcoin Feel As Powerful As On This App: 'Like Arriving On A Different Planet'

Benzinga LogoBenzinga4d ago

Edward Snowden Says 'Never Seen' Bitcoin Feel As Powerful As On This App: 'Like Arriving On A Different Planet' - Benzinga

Quick Summary:

Former U.S.intelligence contractor Edward Snowden said he has been dealing with Bitcoin (CRYPTO: BTC) since pre-2013, and he has "never seen it feel as powerful as it does now on Nostr.”

What Happened:  “Most people's experience with Bitcoin payments — if they even have it — is a 30-60 minute wait for mining + two-plus block confirmations, and a fee that made it feel dumb to send less than $20,” he wrote on Nostr, as shared by a Twitter user.

Snowden said when ordinary people and businesses understand that international money transfers can be nearly instantaneous, ...


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Article Details

Author / Journalist: Mehab Qureshi

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 03:15:42 (4 days ago)

News Timezone: GMT +8:00

Ranking: #118 (out of 5418 stories this day)

News Source URL: benzinga.com

Language: English

Article Length: 283 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 4754658

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 10 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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The story "Edward Snowden Says 'Never Seen' Bitcoin Feel As Powerful As On This App: 'Like Arriving On A Different Planet'" was covered 4 days ago by Benzinga, a news publisher based in United States.

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Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

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It's most recent story was published 17 hours ago.

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