John McAfee reneges on promise to ‘eat his dick’ if Bitcoin fails to hit $1M

In 2017, John McAfee, the antivirus magnate, got a little caught up in Bitcoin’s hype cycle. When asked if Bitcoin BTC would reach $500,000 in value within three years, McAfee responded: “if not, I will eat my dick on national television.”

He then doubled down on the bet, saying his models predicted Bitcoin to hit $1,000,000 by 2020. And if he was wrong, he’d still eat his dick.

Being a bunch of juvenile delinquents running a tech publication, we were excited about the possibilities. On the one hand, we get widespread adoption of a decentralized currency. On the other, we get to see John McAfee — presidential candidate, antivirus tycoon, fugitive, and internet blowhard — eat his dick in front of millions, perhaps billions. It’s a win-win scenario.

Throughout 2019, McAfee repeated his promise, stating that it was “mathematically impossible” for Bitcoin to be worth less than $1 million by December 31, 2020….