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Snowden backs Bitcoin after NYSE technical glitch
Snowden highlights Bitcoin's reliability compared to New York Stock Exchange's vulnerability to technical issues.
In the wake of a significant market disruption caused by a technical glitch on the New York Stock Exchange (NYSE), NSA whistleblower Edward Snowden has once again voiced his support for Bitcoin (BTC). This structure contrasts with traditional stock exchanges, where centralized control can lead to systemic risks and catastrophic failures due to technical issues or human error. Snowden’s endorsement of Bitcoin in light of the recent NYSE glitch underscores the potential for decentralized financial systems to offer a more reliable alternative to traditional trading platforms.
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