The founder of MGT Capital Investments and the creator of the McAfee Security anti-virus John McAfee announced his intention to launch his own fiat currency McAfeeCoin, the value of which, he said, will be provided by cryptocurrencies. McAfee became famous in cryptocurrency industry due to his eccentric forecasts at bitcoin rate and promotions.
John McAfee Launches Own Coin McAfeeCoin
He posted Information on the upcoming launch of McAfee Coin as a comment on the tweet of the little-known trading platform SmartPayMINT.
“What’s odd is that tomorrow night I am going to make an announcement of the new “McAfee Coin”, based on a radical new concept: Fiat currencies (collectible) backed by crypto – the reverse of what banks are attempting. Seriously.”
One more tweet by McAfee states that the McAfee coin will launch in 26 days time.
“No hoax. The “McAfee Redemption Unit” is real and coming in 26 days. The graphic is low res – don’t want to give much away yet. Printed on currency paper, holographs on both sides, serialized, linked to the blockchain, redeemable, convertible, collectible”
The crypto-enthusiast named his project McAfee Redemption Unit (MRU). The “1 MRU”, “5 MRU” notes feature an image of John McAfee.The “10 MRU” features Bitmain co-founder, Jihan Wu. The “20 MRU” features American entrepreneur Brock Pierce. The “50 MRU” note features Roger Ver, who is infamous for promoting Bitcoin Cash. The “100 MRU” features McAfee wearing a tie without a shirt, and the “500 MRU” features McAfee with his wife.
The digital coin will be in form of Fiat currency since it will be printed on paper. In addition, it will be subject to redemption, conversion and will be collectible.
John McAfee in cryptocurrency world
Cryptocurrency analysts are sure that McAfee’s tweets have such a powerful effect that they can lead to a cryptocurrency boom.
In the cryptocurrency world, McAfee’s statements are more important than others. In many cases, his only tweet message could attract more than a million dollars in investment in ICO. Some cryptocurrencies (like Verge coin) rose in price by more than 100% after his messages.
A businessman is one of the hottest supporters of cryptocurrencies. Cryptocurrencies bring McAfee a really good income.
ICO promotion is a separate business for him. McAfee takes $105.000 for every promotional tweet.
On Sunday, McAfee said that a real war was unleashed against the cryptocurrency. In his opinion, there are “mighty forces” trying to prevent the cryptocurrency revolution.
According to McAfee, governments, banks and regulators declare war on cryptocurrencies, taking decisions that hamper the development of this market. He also called to join the movement of all not indifferent. The businessman issued a Declaration of Currency Independence in 14 languages.