Snowden calls for decentralization, criticizes VC influence on Solana
2024-11-10

Edward Snowden, the privacy advocate and former National Security Agency (NSA) contractor, addressed decentralization during his appearance at Near’s Redacted conference in Bangkok, Thailand.
Speaking on topics like cryptocurrencies, artificial intelligence and blockchain technology, Snowden also addressed the impact of venture capital (VC) on blockchain projects, using Solana as an example.
He described Solana as “born in prison” due to its heavy VC funding, suggesting that financial backing can impede a blockchain network’s ability to operate independently.
While he acknowledged Solana’s rapid growth, Snowden expressed concerns that too much ownership has been ceded to investors, though he noted Solana could “become something” in the future.
Decentralization as a safeguard against surveillance and AI
Throughout his talk, Snowden emphasized the importance of decentralization in countering the expansive surveillance capabilities enabled by AI.
He warned of AI-driven surveillance allowing governments and corporations to process large volumes of personal data in real time, potentially paving the way for live data analysis on a massive scale:

VC funding influence
Snowden’s critique of Solana’s early VC investment focused on how such funding could undermine the decentralization and autonomy of blockchain networks.
He cited concerns echoed previously during a vote by venture capital firm Andreessen Horowitz (a16z) against a proposal to deploy Uniswap v3 on the BNB Chain.
The venture firm used its 15 million Uniswap UNIUSD token holdings vote on Feb. 5 to outweigh the initial 20 million (80.28%) votes for “yes” against the 4.9 million (19.72%) votes for “no.” 
This instance, Snowden suggested, highlighted the control that large, centralized stakeholders can wield over decentralized projects.
Open source FTW
Snowden also advocated for open-source tools as an essential medium for countering the centralization of control and touted its ability to empower the individual. 
He described open-source models as “incredibly empowering,” enabling users of open-source models to understand and apply blockchain technologies “much better.”
Snowden sees open-source AI as an opportunity for individuals to maintain autonomy in a centralized space, encouraging listeners at the talk and users globally to adopt these tools. 