Mcafee is known for founding the internet company, Mcafee Anti-Virus, the company, which deploys software to scan and eliminate viruses is still going strong, even without his current leadership. Mcafee, left the company after founding it in 1987, making his exit in 1994.
Nowadays he’s outspokenly passionate about Bitcoin. He’s significantly invested and even owns one of the biggest mining companies in the USA.
He made a bet earlier this year, that one bitcoin will hit 500K by 2020, if not he will eat his male member, stating:
“so 1btc 500k $ within 3years? if not, I will eat my d**k on national television.”
He seems to be a strong believer in the currency indeed. Others have more conservative estimates, they say that 1 bitcoin will hit $55K to 150K in the same time frame.
Now, it seems that he is even more confident in the cryptocurrency and is betting that it will hit $ 1 million by 2020.
He made a prediction much earlier stating that the price of bitcoin will hit 5,000 by the end of 2017. Looks like he was wrong, it is now at $10,000.
Mcafee has now said on twitter that he used a different model for his prior prediction for bitcoin to be at $500,000 by the end of 2020, and that his initial model showed that it would reach $5,000 by this year’s end. Now, he’s adjusting his model due to the parabolic jumps in growth, interest and the price of the currency. “I now predict Bitcoin at $1 million by the end of 2020. I will still eat my ____ if wrong.”
He’s been on T.V several times talking about his belief in bitcoin and why it matters and continues to preach on the matter via his twitter and talks at different events.
His past makes for an interesting novel and present makes for an interesting novel. After he left his company Mcafee’s life has been giving him an even wilder ride, he went on to losing a portion of his wealth in the financial crisis of 2008 and has once been accused of murdering his neighbor in the tropical country of Belize.
The story of the Belize incident goes like this, Mcafee moved to Belize in 2009 and bought himself two pieces of real estate, one for him to live in and one for him to work in. The first piece of real estate would be found on an island called Ambergris Caye and the other would be found deep in the jungle of Belize. For his place of work , he created a lab where he would be able to produce plant-based antibiotics, but little did he know that this would sow the seeds for his later troubles with the government.
After a couple of years of living and working in the country, he said that the Belizean government wanted to get $2million in a bribe from him to continue his operations as he did in the past. When he refused, they raided his lab and made a mess of the place. He then stayed in Ambergris Caye and ran into further problems.
His next door neighbor, did not appreciate Mcafee’s nine dogs and said that he would poison them if Mcafee did nothing to keep them in order. A short while later, Mcafee’s dogs died, and the cause of death ? Poisoning.
A few days later, the next door neighbor was found dead. When this became news, Mcafee disappeared.
Mcafee, is certainly an interesting individual and he hasn’t been wrong so far on bitcoin, will he continue to be right?