RATE Group | McAfee Changes Bitcoin Tune: From $1 Million Price Prediction to “S**tcoin”
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McAfee Changes Bitcoin Tune: From $1 Million Price Prediction to “S**tcoin”

30 Jan McAfee Changes Bitcoin Tune: From $1 Million Price Prediction to “S**tcoin”

Posted at 13:55h in Ethereum News by

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If you’ve been following Bitcoin over the past few years, you likely know of John McAfee.

In 2017, the founder of the cybersecurity company that shares his last name delved into the cryptocurrency space, seeing this industry’s ideals of decentralization as perfect for his libertarian-leaning politics.

As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, posted the below tweet, claiming that he was betting that BTC will hit $1 million by the end of 2020.

On the line: his family jewels, which McAfee claimed he would eat on national television of the price target was not hit.

While many thought he was kidding, he continued to double down on this stance over the years. Late last year, he took an interview with Forbes, in which he stated that he believes BTC will surpass $1 million apiece simply due to the scarcity of the asset:

“Let’s get real, there are only 21 million…

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