John McAfee has been a celebrity in the digital world for decades. British-American computer programmer and entrepreneur is best known for founding the world's first antivirus company and software.
Always eccentric and controversial, Mr. McAfee is now one of the champions of cryptocurrencies, and his reputation has instilled confidence in the entire industry and community.
McAfee recently claimed that Bitcoin Private (a fork of Bitcoin) will become the dark web's new currency of choice. The dark web is a subset of the deep web that is harder to access but more private than standard web pages. In his view, new Bitcoin forks have “significant technology” behind them that needs to be taken very seriously.
This singular cybersecurity celebrity is best known as a Bitcoin enthusiast. He recently said in an interview that Bitcoin Private (BTCP) is his favorite Bitcoin fork, and that improvements to the fork have made it a better altcoin than Monero. In fact, he said that BTCP's improvements have made “Bitcoin a better Monero.”
McAfee's remarks were made in an interview with the CWN YouTube channel. He was very vocal and optimistic about the watershed. This is because a fork in the road provides “an exit or parting path for people with differences.”
He went on to declare BTCP his personal favorite Bitcoin fork and defended it against detractors who called it a scam. He supports the token, saying that “serious technology” is behind it and improves Bitcoin by giving it what it has always needed (perhaps complete anonymity). did.
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McAfee said Monero has become the currency of choice on the dark web because it offers users privacy. He believes Bitcoin will replace Monero as the new currency of choice in that environment due to the better technology and privacy it offers.
The BTCP community interpreted the cybersecurity pioneer's declaration as a bullish development. Some people claimed that the situation had worsened and they had to get rid of the coins.
It's no secret that McAfee has promoted digital currencies for financial reasons in the past. Just this year, he was charging his $105,000 per promoted tweet.
Verge (XVG) primarily benefited from McAfee's bullish pronouncements, more so than Monero and Zcash (ZEC) did at the time.
In an interview with CWN, Macaffee implicitly disparaged XVG for offering users the option not to make personal transactions. He argued that this feature adds “complexity and confusion.”
At the time of writing, BTCP price was $22.24, down 3.90% from the previous day. The last time McAfee was such an active supporter of cryptocurrencies was on behalf of XVG, which quickly increased its price by 100 percent. So the same thing could happen here soon.
McAfee has a reputation for being bullish on Bitcoin. Just last year, he predicted that Bitcoin would reach $1 million per coin by the end of the 2020s.
He insisted on that prediction. And he may be right. Bitcoin's current level is just 9.2% below where McAfee's predictions should have been, according to a website that tracks his predictions.