In the world of cryptocurrency today, Elon Musk expressed support for ending the Federal Reserve Bank, while Edward Snowden criticized Solana for its heavy venture capital funding. Musk endorsed a call to increase oversight of the Federal Reserve Bank, suggesting it needs more scrutiny from the Executive Branch. Snowden, speaking at a conference in Bangkok, highlighted the impact of venture capital on blockchain projects, using Solana as an example. He cautioned that excessive financial backing could hinder a blockchain network's independence. Additionally, Snowden emphasized the importance of decentralization in countering AI-driven surveillance. Meanwhile, Bitcoin reached a record high of over $79,000, with analysts advising against impulsive decisions. Despite the surge in Bitcoin's price, experts recommended holding onto investments. Overall, the crypto community remains optimistic about the future of digital currencies. Read more AI-generated news on: https://app.chaingpt.org/news

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