Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world.

Tweeting on Sunday, the former The states Primal Intelligence Agency amanuensis stated that Bitcoin has gotten stronger on the back of government bans and anti-crypto policies.

Snowden's tweet referenced remarks made back on March xiii, 2022, amid the throes of the Black Th decline that saw crypto and equity markets tank amid fears of the coronavirus pandemic.

As reported past Cointelegraph at the time, Snowden was unfazed past Bitcoin's 50% drop, stating that information technology was the offset time he "felt like buying Bitcoin."

"It'southward upward ~10x since, despite a coordinated global campaign past governments to undermine public agreement of—and support for—cryptocurrency," Snowden tweeted on Lord's day.

During the Blackness Th crash of March 2022, Bitcoin slipped to $iii,800 only has since gone on to fix a new all-fourth dimension loftier of about $64,800.

Trading in a higher place $47,000 as of printing fourth dimension, the BTC spot price has increased more than than 10 times since Snowden's tweet back in March 2022.

Indeed, 2022 has been a yr of sweeping Bitcoin and crypto crackdowns, particularly in Cathay with authorities in Beijing upping the ante on negative cryptocurrency policies.

Several Bitcoin miners accept exited China, moving their hardware to locations overseas. The shutdown of crypto mining activity in Mainland china even temporarily caused a massive decline in the Bitcoin hash rate.

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Anti-Bitcoin sentiments besides seem rife in Washington, with some members of Congress espousing negative rhetoric well-nigh cryptocurrencies while likewise calling for stricter laws.

Regulators such as Gary Gensler, chairman of the U.S. Securities and Substitution Commission, have as well pushed for more stringent cryptocurrency laws that critics say could derail digital innovation in America.

Meanwhile, Bitcoin adoption continues to grow, with nation-states even getting into the mix. El salvador recently made history equally the first country to take BTC equally legal tender in a movement that could have pregnant implications across Central and South America.

Snowden has even previously commented on Republic of el salvador's Bitcoin Law, stating that other nations could become incentivized to accept BTC equally a reserve asset.