FreedomPop has launched a phone that's touted to be perfect for the paranoid or the patriot, depending on how you look at it.

The company is offering the new Privacy Phone, an encrypted device nicknamed the "Snowden Phone," PCMag.com reported.

Users have private communication, although with a caveat: Content is only protected if it goes to devices that are similarly encrypted.

Making calls, sending texts and even purchasing the phone can be your private information since the device can be bought using Bitcoin, according to PCMag.

The $189 smartphone sends 128-bit encrypted voice calls and text messages, which is a coding level on par with what is used by banks and government agencies, PCMag reported.

The "Snowden Phone," which allows you to change your number as often as you like, additionally keeps your information safe from marketers and other third parties, which often target consumers through such data.

The device is essentially a tweaked Samsung Galaxy S2, according to PCMag's sister site Geek.com.

While the Privacy Phone does offer some protection, it still isn't the completely private experience the company makes it out to be, Geek.com said.

"If you're really trying to keeps things private, a burner phone is still the way to go in 2014," Geek.com's Lee Mathews wrote. "That may change once some new devices arrive, but the Privacy Phone from FreedomPop isn't that game changer."

Users get three months of 500 megabytes of data and unlimited voice calls and text messages, after which the black smartphone costs $10 a month, according to Venture Beat.

FreedomPop has said it doesn't keep any records of customer calls; however, interested shoppers do have to enter their email and zip code to find out if their area supports the device.

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