I see Edward Snowden being relevant few years ago, but after his exposé about the NSA's inner doings, I don't see his opinion having any weight most especially in cryptocurrencies. Cyber security issues, I might give him a shot, but this is way beyond his line in my opinion. But amazingly his positive remarks about Zcash caused some positive gains for a few while before it went back down again.
Good point.
It's amazing that people are listening to Paris Hilton's and Floyd Mayweather's recommendations on ICOs.
The only good to come of that is in exposing crypto to a wider population, IMO. ICOs can buy celebrity endorsements if they choose to waste money in that way. Speaks to me regarding the competencies and funding priorities of those behind the ICOs.
why should we care what someone who's probably completely out of the loop thinks? he's definitely a name. zcash was created in a ceremony that requires you to trust six people. that doesn't sound like the type of thing snowden should be endorsing or anything that resembles how crypto should truly work.
He's entitled to his opinion, but yeah I found the ceremony a little unusual to be honest. Theater.
He's entitled to his opinion, and we're entitled to disregard it. I haven't researched zcash to form any opinion on it or its cryptographic attributes. Not sure at all who the team is behind it, but I am cautious of "professional and academic cryptographers" without a code review and audit by multiple completely disinterested parties. Those types are only employed by a limited number of organizations and/or dependent on grant funding from same organizations and there's clear evidence of some of those organizations planting back doors, RNG weaknesses, etc., into everything they can.
