In an interview at The Internet Engineering Task Force 93, former CIA employee and NSA contractor Edward Snowden spoke about privacy and security. Interestingly, Snowden focused his talk on Bitcoin and its flaws and weaknesses.
Snowden began by briefly introducing the 51% attack concept, and stated that the Bitcoin network could be vulnerable to attacks and manipulation if “a pool has over 50% of the computing power to demonstrate adequate proof of work to add entries to the blockchain ledger.”
Snowden commented :
“Obviously, Bitcoin by itself is flawed. The protocol has a lot of weaknesses and transaction sides and a lot of weaknesses that structurally make it vulnerable to people who are trying to own 50 percent of the network and so on and so forth.”
Full article on CoinTelegraph right here :
http://cointelegraph.com/news/115133/edward-snowden-on-bitcoin-bitcoin-by-itself-is-flawedand here is the Github link for the Interview : https://gist.github.com/mnot/382aca0b23b6bf082116#bitcoinWhat are your thoughts on his opinion guys
If you read more the article you will see that DASH has been mentioned few times , we all know how much he care about privacy .