John McAfee calls bitcoin “the true shitcoin.”

John McAfee, who once predicted that bitcoin would reach $1 million by the end of this year, has been bashing the leading cryptocurrency. According to McAfee, bitcoin is the true shitcoin.

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The controversial crypto evangelist John McAfee has once again voiced a controversial opinion. In a series of tweets, John bashed bitcoin and called it “the true shitcoin.” John McAfee is also running for the President of the United States in 2020 elections, which he knows that he wont win.

 

“The future of crypto rests with the altcoins.”

John McAfee once predicted that the price of the leading cryptocurrency would reach $1 million before 2020. But the tech evangelist has changed his mind. He tweeted, “Bitcoin – Old, clunky, no security, no smart contracts, no Dapps – is the true shitcoin.” He, however, praised altcoins and said that we all know that the future of crypto rests with the altcoins.

 

John McAfee calls DAI the most “stable” of all coins.

When asked about what another coin should people trust if not bitcoin, he replied different coins are good for different purposes. He wrote that DAI stablecoin is the most stable of all coins. He listed different coins for different purposes, and for privacy, he advised to use Monero and for stability to use DAI. In one of the replies, he wrote that there are tons of chains with equal liquidity, lower fees, and faster processing than bitcoin.

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Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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