John Mcafee - Why Bitcoin Price Will Get To A Million Dollars

John Mcafee - Why Bitcoin Price Will Get To A Million Dollars

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John McAfee Interview The Bitcoin Bet Is Still Valid

In this interview, John McAfee asserts that his $100,000 projection of Bitcoin is still valid.

Here are the highlights of the interview.

John McAfee still believes that Bitcoin will reach $100,000 by the end of this year. Concerning his project, he claims EOS has gotten more money than all the other ICOs combined. So, the EOS team has enough money to spend on development. Also, it is technically sound. He adds that there are other systems in the works that might provide serious competition for them. But this is a solid project like many of the ICOs that came out last year.

McAfee says that there should be no relationship between governments and Bitcoin. Not just Bitcoin, but all cryptocurrencies. "Cryptos are currencies of the people, by the people, and for the people." He maintains that cryptocurrencies do not need to be represented in government.

Concerning his political ambition, he explains that he ran for president in 2016 to reach the national stage and talk about extremely important issues. He knew that he "wasn't going to be president" but it allowed him to get into national debates. He adds that since he now has more political support and experience, it'll be a guarantee that he'll be on the national stage often. But talking about cryptos doesn't mean he wants them to be part of politics, he asserts.

Regarding regulation, McAfee believes there's a need to self-regulate the crypto world, using the available measures of intelligence. He believes exchanges are highly corrupt and many of them are controlled by criminal organizations. Some exchanges process hundreds of millions of dollars of Bitcoin but they have no known addresses. They can steal people's money. But what the stakeholders should do is tender enough evidence against such corrupt exchanges.

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