Sunday, November 27, 2022

John McAfee Triples Down on Bitcoin Hitting $1 Million by 2020

John McAfee Triples Down on Bitcoin Hitting $1 Million by 2020

With the Q1 cryptoeconomy downturn, some in the space wondered if John McAfee is wanting to back down from bet to eat his own copulatory organ if the price of bitcoin doesn’t hit $1 million USD by the end of 2020. He doesn’t. In a new series of tweets, the cryptoverse’s resident lightning rod said the bet’s definitely still on and the U.S. dollar’s doomed. 

Also see: Yahoo Japan Invests 40 Percent Stake into Crypto Exchange

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‘Cryptoworld Wizards Are Beginning to Catch Up,’ Says McAfee

No mercy, no surrender. That’s where John McAfee’s headspace is at, even in light of the potent sell pressure cryptocurrency markets have seen since January 2018.

As bullish sentiments and buy pressure seemingly re-enter the ecosystem once more, McAfee’s leading the rhetorical charge per usual:

So there you have it. McAfee’s still on the hook for bitcoin hitting $1,000,000 by the close of 2020 … or else.

USD Worthless in Ten Years?

McAfee’s certainly one to up the ante. He did so by following up his triple-down tweet with a projection that the U.S. dollar will be all but worthless in a decade’s time:

Needless to say, McAfee’s on the most bullish extremity of the space’s spectrum of sentiments. There’s been no shortage of bitcoin price predictions as of late, to that end.

For one, Tom Lee of Fundstrat contends that bitcoin will hit $25,000 in 2018. And Crypto Street investors like Tim Draper and Brian Kelly are pegging the BTC price as hitting $250,000 by the end of 2022.

So McAfee is definitely bullish on bitcoin, but he’s not the only one.

What’s your take? Do you think $1 million USD bitcoin is possible in 2020, or would it take much longer in your view, if at all? Sound off in the comments below.

Images via Medium, Wired

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