Edward Snowden Calls Zcash the "Most Interesting" Cryptocurrency

Edward Snowden, who is most famous for exposing the U.S. National Security Agency's (NSA) massive surveillance on U.S. citizens in 2013, believes Zcash is the most interesting cryptocurrency right now.

That's no surprise, since Zcash's focus is on privacy.

We'll show you exactly what Zcash does and why Snowden likes it so much, plus we'll show you a way to gain exposure to the blockchain technology without the risk of a cryptocurrency...

How Zcash Works to Protect Privacy

According to Zcash's website, the team behind the cryptocurrency believes "personal privacy is necessary for core human values like dignity, intimacy, and morality."

Zcash Co. does not sell, exchange, transmit, or retain custody of Zcash for consumers or the public at large. It launched the Zcash Foundation in March 2017 to guide the evolution of this privacy coin.

Snowden told cryptocurrency enthusiasts at a March conference in Germany that Bitcoin's ledger is not private enough, according to CoinDesk.com.

While blockchain transactions are associated with addresses rather than names or personal information, Snowden still feels Bitcoin transactions don't provide enough privacy.

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Snowden was in agreement with the audience that Bitcoin will have longevity in the market, but he doesn't adhere to the belief that "Bitcoin will last forever."

When asked by audience members if he feared blockchain and other emergent technologies would be used by dictators and corrupt entities, Snowden replied that he felt it was a question of "when," rather than "if."

But if cryptocurrency and blockchain systems are appealing enough, he believes they will be popular with global consumers.

In 2017, the blockchain market was only valued at $339.5 million, according to Statista.com. But by 2021, that will skyrocket 580%, to $2.31 billion.

As blockchain technology increases in use and receives mainstream adoption, owning the best blockchain stocks now will pay off for long-term shareholders.

And we have the perfect one to buy right now...

A Top Blockchain Stock to Purchase in 2018

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JD.com Inc. (Nasdaq ADR: JD) is one of the biggest online retailers in China.

And the reason Money Morning Director of Technology & Venture Capital Research Michael Robinson believes JD is a "blockchain stock" to buy is because of its ledger technology for beef imports.

JD announced on March 2 that it plans to use blockchain technology to track beef imports from InterAgriGroup Pty. Ltd., an Australian meat supplier. The Chinese retail giant wants to provide meat buyers with greater transparency into the beef production process.

The system will record a variety of data, including the location of livestock breeding, housing, processing, and method of transport.

And this type of record-keeping is desperately needed as China increases its appetite for beef...

From 2012 through 2016, China saw a tenfold increase of its beef and veal imports, to 825,000 metric tons annually. Just behind the United States, China is now the world's second-biggest importer of red meat.

With 1.37 billion people living in China, there's going to be a lot of beef to track.

Remember, the blockchain market is expected to climb to $2.3 billion by 2021, and companies at the forefront of it, like JD.com, will capture the biggest gains.

So will the shareholders.

And as the blockchain technology really takes off, so will the cryptocurrencies that rely on it...

Finding the Next Crypto 10-Bagger

We've spent the last few months developing a series of special, comprehensive videos and reports that we want to share with you.

Altogether, they'll give you an even stronger crypto "insider's edge."

I hope you'll take advantage of all the great research on this breakout digital coin.

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