The cybersecurity and software pioneer stakes his name and up to $10 mln on a bet that the Bitcoin price will move above $500,000 within three years.
According to John McAfee, Bitcoin will be used for payments and receipts instead of the US dollar, Euro, and Chinese Yuan, and will hit $1M by the year of 2020.
British-American cybersecurity pioneer John McAfee is planning to run for the role of US President in 2020, aiming to promote the rights of the crypto-currency community and change the crypto landscape for the better.
Being highly volatile, Bitcoin price is a subject matter for many analysts. Ronnie Moas predicts that Bitcoin will hit $100,000.
Ending a range of downturns Bitcoin recovers, despite Ray Dalio, Bridgewater Associates’ founder, calls it “a bubble”, and Jamie Dimon, CEO of J.P. Morgan, recently declared it a “fraud”.
John McAfee challenged J.P. Morgan CEO Jamie Dimon’s skeptic statement about bitcoin on Wednesday, September 13.
The cybersecurity and software pioneer stakes his name and up to $10 mln on a bet that the Bitcoin price will move above $500,000 within three years.