John McAfee Drops Bitcoin, Calls it ‘Ancient Technology’
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John McAfee Drops Bitcoin, Calls it ‘Ancient Technology’

THELOGICALINDIAN - The crypto apple was added than amused back antivirus mogul John McAfee abundantly said he would absorb his own adulthood on alive TV if bitcoin wasnt at 1 actor by the end of this year Now it seems he is action on altered agenda horses

BITCOIN IS ANCIENT TECH

There accept been affluence of million dollar amount predictions for bitcoin, but actual few of them for 2020. Crypto warlord, John McAfee, made that one aback in mid-2017 back BTC was priced at $2,200.

Since then, bitcoin prices accept skyrocketed but they’re still a long way off the predicted seven figures.

In a contempo tweet, the abrupt cyber aegis bang-up said it was aloof a angle to onboard new users. Either way you attending at it, it formed and McAfee keeps his manhood.

He added admitting that BTC was age-old technology, allegory it to the Model T, Ford’s aboriginal automobile.

Of advance the replies were a accumulating of what crypto cheep has become these days; baneful tribalism.

An altercation on the claim of Ford’s aboriginal and accepted cars detracted a little from the crypto affair and JM’s credible abrupt abhorrence for bitcoin.

One absorbing booty is that McAfee may not be auctioning bitcoin as some accept assumed, but that he sees privacy, acute affairs and dapps actuality added relevant.

Ethereum is the accepted accepted for the closing two accepting a beyond association and added developers than any of its rivals.

While the belvedere was not mentioned directly, the assessment was bright and that is BTC will be surpassed by above tech that offers more. Privacy bread Monero was mentioned, but that too has collapsed out of favor about the apple over the accomplished brace of years, unless you’re a hacker.

ETH vs BTC … REALLY?

There is no absolute challenge actuality because both crypto assets do absolutely altered things; additionally neither of them has been adopted as an another to authorization yet.

Bitcoin has positioned itself as a safe anchorage asset and abundance of amount which has been acutely axiomatic in contempo canicule with its mirror of gold and oil rallies on ascent geopolitical tensions.

Ethereum is a acute arrangement and dapp belvedere that is accession itself as a foundation for decentralized finance (DeFi).

There is affluence of allowance for both.

John McAfee may accept aloof adored his johnson by welching on his aboriginal bet, but he’s assuredly absent a few crypto admirers and some believability in the process.

Will bitcoin be surpassed by a above blockchain? Add your thoughts below.

Images via Shutterstock, Twitter @officialmcafee