When it comes to cryptocurrency, McAfee is a true believer. He has been an active promoter of Bitcoin and other digital currencies for years.
In fact, he even accepts Bitcoin as payment for his cyber security services.
So, what does McAfee have to say about Bitcoin?
In short, he is bullish on the future of Bitcoin and believes that it has the potential to reach $1 million per coin by 2020.
It is important to note that McAfee’s opinions about Bitcoin should not be taken as investment advice. Bitcoin is a highly volatile asset and its value can fluctuate significantly over time. Before investing in Bitcoin, you should thoroughly research the risks involved and consult a financial advisor to decide if it is right for you.
Here’s a look at some of his recent comments on the subject:
“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5 trillion in market cap by 2021. BTC has already achieved $1 trillion and if the model is correct, BTC should hit $5 million by late 2020.”
“I am now predicting that Bitcoin will do to banks what email did to the postal industry.”
“Bitcoin is digital gold. It is better than gold because it is scarce, durable, portable, divisible, verifiable and fungible.”
Clearly, McAfee is a big fan of Bitcoin and believes that it has a bright future ahead. So if you’re thinking about investing in cryptocurrency, you might want to take his advice into consideration.