Edward Snowden has called Shiba Inu “a clone of dog money”
A former US NSA employee considers investments in this asset dangerous
01.11.2021 - 07:45
457
1 min
0
What's new? Former CIA and NSA employee Edward Snowden has posted a tweet urging to refrain from investing in the popular cryptocurrency Shiba Inu. In his opinion, this asset is a clone of another dog cryptocurrency called Dogecoin.
i say this with love:if you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in *not even dog money but a CLONE of dog money*— Edward Snowden (@Snowden) October 31, 2021
What is Snowden warning about? In his publication, the author writes:
“If you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in ‘not even dog money but a CLONE of dog money’.”
In addition, he stressed that if this tweet irritates subscribers, they should reduce the number of tokens they own.
How is the integration of Shiba Inu going? As aforementioned, the world's largest cinema chain AMC plans to add the Shiba Inu coin to the list of cryptocurrencies accepted for online payments for tickets.
Useful material?
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024