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McAfee continues to promote cryptocurrencies from his Spanish jail cell

McAfee continues to promote cryptocurrencies from his Spanish jail cell

John McAfee, an eccentric millionaire, crypto fanatic, and anti-virus skilled, was lately detained in Spain on prices of U.S. tax evasion. He additionally faces prices arising from a collection of questionable crypto promotions, from which he allegedly profited tens of millions of {dollars}. Although he’s presently 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 mentioned “PayPal’s acceptance of cryptocurrency indicators, I consider, a brand new wave of cryptocurrency acceptance worldwide. Governments all over the world must 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 approach to get wealthy fast moderately than its authentic intent, which is for purchasing and promoting transactions.”

“We’ll see very quickly a brand new motion into utilizing cryptocurrencies as transactions moderately than as get wealthy fast schemes. This is the reason I developed the non-public $GHOST stablecoin.”

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

“My work with $GHOST revolves solely round our improvement of the world’s first non-public stablecoin,” McAfee defined. “Model one will likely be a wrapped DAI. Later we can have a brand new steady, non-public blockchain. Holders of $GHOST will share all transaction payment income 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 grievance or the costs in opposition to me, however I assume they’re additionally trying into my crypto actions,” John mentioned.

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

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