Bitcoin News
By Steven Anderson
1 / 11
McAfee continues to propagate the idea of the $1 million in Bitcoin, and he has his rationale to support his view.
2 / 11
John McAfee's predication is very bold, and his reasoning for this prediction is based on the total supply of the tokens.
3 / 11
McAfee previously stated in an interview, “Let’s get real, there are only 21 million bitcoins,” he further added, “Seven million of which have been lost forever, and then, if…
4 / 11
It was an excellent year for Bitcoin; however, it is currently trading at $8,130, which is a long way away from what McAfee has to say.
5 / 11
Even if Bitcoin contributed to 5% of the global financial transactions, it would be worth $10 million per coin considering those numbers.
6 / 11
McAfee further reinstated by making a statement that he was very conservative and that he would stick on to his prediction.
7 / 11
The prediction comes from a brain that has been programming the leading antivirus software solution in the world.
8 / 11
McAfee reaffirmed that Bitcoin is just an exchange. He had previously stated, “I think bitcoin represents simply a store of value,” further adding “It is surpassed in every…
9 / 11
He has as well explored the privacy aspects of Bitcoin and stated that privacy coins would be the winner, in the end, providing for the needs of human nature.
10 / 11
According to McAfee, stable coins pegged to the value of national currencies are not an investment.
11 / 11
The legendary programmer predicts that there might be vast ranges of functional coins, making it to the market with each of them having an individual use case.
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