RATE Group | John McAfee: Bitcoin [BTC] is “The Number One Coin For Processing Payments”
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John McAfee: Bitcoin [BTC] is “The Number One Coin For Processing Payments”

13 Sep John McAfee: Bitcoin [BTC] is “The Number One Coin For Processing Payments”

Posted at 09:49h in Bitcoin News by

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John McAfee remains true to his vision of Bitcoin (BTC) as the number 1 cryptocurrency in the ecosystem, contradicting opinions that deny its nature as a peer-to-peer electronic cash system. So he stated in conversations with the AMBCrypto team during the CoinsBank Blockchain Cruise.

Mr. McAfee is one of the most influential personalities in the cryptocurrency community, his extensive knowledge of the ecosystem as well as his outspoken personality make his opinions to be highly respected despite being controversial in some cases. The possibility of supporting each of his arguments with facts has made him a reference for many crypto adopters.

“Run The Numbers”

John McAfee commented that from a mathematical point of view, the value of Bitcoin should be close to a million dollars by 2020. The relationship between the number of bitcoins mined and the mining difficulty allows this conclusion to be reached, especially when the next block halving is approaching. This means that in a…

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