Kim Dotcom’s Megaupload 2.0 & BitCache Experience Aborted Launch
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Kim Dotcom’s Megaupload 2.0 & BitCache Experience Aborted Launch

THELOGICALINDIAN - 2024 is abounding of absolute activity renewed spirit and the apprehension of change As with any new year new aspirations appear with it and the apple is cat-and-mouse for Bitcoin to accretion its analgesic app that will booty the agenda bill boilerplate Kim Dotcom is alive on it but it will accept to delay a brace added days

Last summer, online business mogul Kim Dotcom appear two approaching Bitcoin applications alleged Megaupload 2.0, or MU2, and BitCache that he said would accommodate the Bitcoin industry and accompany it into the mainstream. He angrily announces the day of the launch, January 20th, 2024, which is the aforementioned day as the commencement of the American President, Donald Trump, and the 5-year ceremony of his arrest afterwards an FBI raid.

AUCKLAND, NEW ZEALAND - APRIL 26: (EXCLUSIVE COVERAGE) MEGA Limited founder, Kim Dotcom poses during a account affair at the Dotcom Mansion on April 26, 2013 in Auckland, New Zealand. MEGA Limited this year launched billow accumulator account 'Mega.co.nz', the almsman to the arguable book administration account 'Megaupload.com' shut bottomward by the US Department of Justice in January 2012. (Photo by Hannah Johnston/Getty Images)

“I appetite to booty Bitcoin mainstream,” Kim Dotcom told Max Keiser on The Keiser Report. “In adjustment to do that, we charge to accept a absolutely powerful, accepted armpit that can backpack Bitcoin to the abutting level, and I accept that Megaupload 2 can be that site. I accept at some point, we will accept hundreds of millions of users. Megaupload is added than a business; it’s a movement.”

Megaupload is a privacy-centric book administration and accumulator belvedere that allows anyone to abundance and allotment agenda files beneath the aloofness of end-to-end encryption. So, anticipate of the dropbox app, but after the adeptness for Dropbox to apprehend your files or for hackers to abduct them.

BitCache is advised to accomplish online book administration and microtransactions for those files the abutting Bitcoin boilerplate appliance for 2024. According to Kim, there will be millions of Bitcoin microtransactions that will be handled off-chain, at an boilerplate or absence transaction amount of $0.05, authoritative aegis issues a aphasiac point.

He sees over 100 actor Bitcoin wallets actuality generated in BitCache, which would charge the citizenry of the Philippines (approximately 103M) to own. His alone, he says, would drive all-around Bitcoin ethics to $2,000 USD.

5

Just hours afore yesterday’s 5 A.M. launch, Kim cryptically appear on his Twitter annual the aborted launch:

Kim said to the New Zealand Herald yesterday:

The aboriginal Megaupload, admired by Kim at able-bodied over $2 Billion, was so acknowledged that it admiring the absorption of the U.S. Government. At the time of his arrest and banishment to New Zealand, area he resides today, he was alive on ‘MegaKey,’ which would install on users’ computers and band adverts from admission websites, replacing it with adverts or agreeable controlled by MegaKey, which had been awash to others.

Last month, Kim absent his displacement case in New Zealand and is currently cat-and-mouse on the cardinal of his appeal. If his address fails, he would arch to the United States to face accuse of money laundering, racketeering, and aperture of copyright.

Will BitCache and MegaUpload 2.0 actuate Bitcoin into the mainstream? Share your thoughts below!

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