McAfee continues to advertise cryptocurrencies from his Spanish jail cell

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McAfee continues to advertise cryptocurrencies from his Spanish jail cell

John McAfee, an eccentric millionaire, crypto fanatic, and anti-virus knowledgeable, was just lately detained in Spain on costs of U.S. tax evasion



John McAfee, an eccentric millionaire, crypto fanatic, and anti-virus knowledgeable, was just lately detained in Spain on costs of U.S. tax evasion. He additionally faces costs arising from a collection of questionable crypto promotions, from which he allegedly profited tens of millions of {dollars}. Although he’s at present in a Spanish jail, it didn’t cease him from sharing a number of of his ideas on latest developments within the crypto trade. 

With regard to PayPal’s latest announcement, McAfee stated “PayPal’s acceptance of cryptocurrency indicators, I imagine, a brand new wave of cryptocurrency acceptance worldwide. Governments all over the world should get used to cryptocurrencies.”

In 2017, McAfee  boldly forecast that Bitcoin would hit $1 million inside three years, although he later took again his remark in July 2020. When requested whether or not his view of the asset class had modified within the months since, he responded affirmatively stating “Too many individuals are utilizing crypto as a strategy to get wealthy fast somewhat than its unique intent, which is for purchasing and promoting transactions.”

“We are going to see very quickly a brand new motion into utilizing cryptocurrencies as transactions somewhat than as get wealthy fast schemes. This is the reason I developed the personal $GHOST stablecoin.”

Though McAfee is not concerned with the Ghost cryptocurrency asset, he nonetheless stays part of the community’s broader privateness venture.

“My work with $GHOST revolves completely round our improvement of the world’s first personal stablecoin,” McAfee defined. “Model one can be a wrapped DAI. Later we may have a brand new steady, personal blockchain. Holders of $GHOST will share all transaction payment earnings for the stablecoin.”

In response to his correspondence, which was facilitated by means of his spouse Mrs. Janice McAfee, he has not but been transported to the U.S., and nonetheless resides in Barcelona. “I’ve not seen the complete criticism or the fees in opposition to me, however I assume they’re additionally trying into my crypto actions,” John stated.

McAfee and his spouse have posted a variety of updates by way of their Twitter profiles following his arrest. John evaded the U.S. authorities for fairly a while as a result of tax costs in opposition to him.



cointelegraph.com