McAfee To Launch His Own Crypto This Fall – Its Name Hints Presidential Candidature

Crypto-enthusiast, John McAfee, who has had a lot to say about Bitcoin (BTC) and the market, will launch his own cryptocurrency, called the McAfee Freedom Coin, according to a tweet on May 29,

The official description of the coin states that it aims to be “disconnected from fiat and other cryptocurrencies”, and going for “economic freedom”,

The McAfee Freedom Coin is not, by any means, a technology breakthrough – the coin’s makeup is trivial and there is nothing new in it. The uniqueness comes from a new approach to understanding the evolution of cryptocurrency and the mechanisms that have kept the Holy Grail of cryptocurrency – economic freedom – out of our reach.

McAfee, who believes Bitcoin will hit $1 million by 2020,  has said that he would run for President in the upcoming 2020 presidential election – on a boat in international waters after allegedly being indicted by the IRS. He states that he has not paid his taxes in 8 years. He has also said that he is aware of who Satoshi Nakamoto really is, though most are doubtful of this claim.