RATE Group | John McAfee Interview: ‘Bitcoin Will Become The Gold Standard’
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John McAfee Interview: ‘Bitcoin Will Become The Gold Standard’

30 Aug John McAfee Interview: ‘Bitcoin Will Become The Gold Standard’

Posted at 20:22h in Bitcoin News by

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In an interview with NewsBTC, John McAfee said Bitcoin will “skyrocket soon” to become “enormously valuable.” He also criticized social media sites for failing to stand up to the SEC which he described as “shadowy” and claims is “acting illegally.”

McAfee: “Bitcoin Will Become the Gold Standard”

McAfee defended his view that the bull market is “around the corner” by pointing out that its price has risen 42% since June 25. He said the correction in price from $20,000 was not necessary and due to “people misunderstanding the market and not thinking it through.” He denied the possibility of another two-year decline, saying the six-month decline was “against all odds.”

McAfee said he was not at all nervous that the price of Bitcoin is 57% below schedule to reach $1 million by the end of 2020. He has a bet to eat his manhood on live TV if it fails to reach to meet the deadline. He pointed to the 40,000 millionaires in the world and asked what would happen if…

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