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McAfee continues to promote cryptocurrencies from its cell in Spain

October 26, 2020

John McAfee, an eccentric millionaire, cryptocurrency enthusiast and antivirus expert, He was recently arrested in Spain for tax evasion in the US. He is also being charged for carrying out a series of questionable cryptocurrency promotions that allegedly made him millions of dollars. Although he is currently in a Spanish prison, that didn’t stop him from sharing some of his thoughts on recent developments in the crypto industry.

In memory of recent PayPal announcement, McAfee said that “The acceptance of cryptocurrencies in PayPal signals is, in my opinion, a new wave of acceptance of cryptocurrencies around the world. Governments around the world are having to get used to cryptocurrencies. “

In 2017 McAfee boldly predicted that Bitcoin would hit $ 1 million in three years, though he later withdrew his comment in July 2020. When asked whether his view of the asset class had changed in the following months, he replied in the affirmative: “Too many people use cryptocurrencies to get rich quick instead of their original intent of buying and selling transactions.”

McAfee continues to promote cryptocurrencies from its cell in Spain
McAfee continues to promote cryptocurrencies from its cell in Spain

“”We are going to see a new movement towards using cryptocurrencies for transactions very soon, rather than as get-rich-quick systems. That’s why I developed the private $ GHOST stablecoin. “

Although McAfee It is no longer connected to the Cryptoasset Ghost, but is still part of the network’s broader data protection project.

“My work with $ GHOST is all about developing the world’s first private stable coin.” McAfee explained. “Version one will be a packaged DAI. Later we will have a new stable private blockchain. $ GHOST holders will participate in all transaction fee proceeds for the stablecoin. “

According to his correspondence, which was provided by his wife, the Ms. Janice McAfee, you have not yet been extradited to the US and you are still in Barcelona. “I haven’t seen the full complaint or indictment against me, but I suspect they are investigating my cryptocurrency transactions as well.” John said.

McAfee and his wife posted a number of updates on their Twitter accounts following their arrest. John escaped the US authorities for some time because of the tax burden levied on him.