- Jun 15, 2018
John McAfee, one of the best-known cryptocurrency enthusiast has called Bitcoin an “old, tired, worthless coin” in his tweet. McAfee, who is currently on the run from the US authorities in case of tax fraud, called absurd his earlier prediction that Bitcoin would reach $1 million by the end of 2020 McAfee saying that it was just a joke. The founder of McAfee Associates said he never believed Bitcoin would hit that value. “Not going to get out of it. I never believed Bitcoin would hit $1 mil. It’s absurd. Ir’s an old, tired, worthless coin. I just wanted to eat my dick on TV. Wait for it,” he wrote. John McAfee has advocated the use of privacy-centric cryptocurrencies instead of the leading crypto bitcoin. In April, the tech entrepreneur launched his own privacy-focused Ghost coin. He told that the new coin will be built with a proof-of-stake algorithm underpinning it.
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