software company which bears his name, is living up to his reputation with an outrageous online gambit on Bitcoin skyrocketing in value. For perspective, McAfee is hoping for a rise of 22,636 percent in the next three years in order to save his manhood. He then elaborated, stating that his intention is not to become President of the United States, but rather to inform the public at large about decentralized cryptocurrencies. See, I dont want to be president.
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The overall cryptocurrency market broke 80 billion on Tuesday, Coindesk reported. Thats the true value The true value is going to eventually be based upon usage and if you track the usage curve, a million dollars by the end of 2020 is conservative. Lee wrote in an investor note cited. The all-time high for the market was 115 billion set back in the middle of June. Bitcoin's low of 1,800 yesterday simply could not be maintained. McAfee's new company, mgti, has positioned itself as North America's largest bitcoin miner and is expanding operations into other cryptocurrencies. That is about as bullish a bet as one can find in the commodity markets, especially the notoriously volatile cryptocurrency trade.
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