What a Turn-Up: John McAfee Calls Bitcoin “Shitcoin”
The infamous entrepreneur John McAfee made another big announcement, saying that altcoins are the future of the cryptocurrency industry, while bitcoin is “a real shitcoin”, he posted on his Twitter.
“Whichever Bitcoin Maximalist came up with the term "Shitcoin" for all other coins. Was brilliant. But we all know that the future of Crypto rests with the Alt Coins. Bitcoin – Old, clunky, no security, no smart contracts, no DAPs .... Is the true Shitcoin.”
Note, McAfee used to be an ardent supporter of Bitcoin in the past, he prophesied a great future for this coin: in the middle of 2017, during a bull rally, he claimed that 1 BTC would cost $1 million by December 2020. If his forecast does not come true, he promised to publicly eat his genital organ. But at the beginning of 2020, he called it a good PR campaign to attract new users, and not a real promise. Earlier we wrote that John McAfee was going to the US presidency. To keep up with the latest news in the world of cryptocurrencies and the blockchain industry, check out updates on TheCoinShark.