John McAfee, who once anticipated that bitcoin would reach $1 million before the current year's over, has been bashing the main digital money. As per McAfee, bitcoin is a shitcoin.
Based on the progression of his tweets, John bashed bitcoin as he tweeted " “Bitcoin – Old, clunky, no security, no smart contracts, no Dapps – is the true shitcoin.” Although John compliments altcoin and said that we all realize that the fate of crypto rests with the altcoins.
It looks like McAfee contradicts his own statements which prove that he can't even stand for his own words and that makes him a liar. He keeps on insisting that his prediction is going to happen and he even claimed that he's going to eat his own dick on national television if bitcoin won't hit 1 million USD by the end of the year 2020.
John McAfee's prediction isn't deserving of trust since it's clear that he can't even fulfill his promise. It just makes me wonder why he concludes that bitcoin is a shitcoin in spite of it being beneficial and profitable for the past few years. It has given us opportunities to improve our lives that's why it is unreasonably difficult for me to analyze his statements. I mean it's a top one cryptocurrency, it had gain so much trust and reputation. It even overcomes various challenges and problems then now bitcoin is now accepted and adopted by different countries, it was also supported by some government. In the current status of the market, bitcoin is slowly increasing and it might even end up on another bull run. Personally, I think bitcoin isn't a shitcoin, it's one of the most valuable assets that we can have.
Source:
https://coinnounce.com/john-mcafee-calls-bitcoin-the-true-shitcoin/
https://www.newsbtc.com/2020/01/05/why-mcafee-backed-1-million-bitcoin-2020-prediction/
This guy first ruins his reputation by making outlandish claims about Bitcoin prices, and then suddenly starts bashing bitcoins to appear as a sane person who can lead America, but in my opinion he’s a joke and we all should avoid listening to what he has to say. Furthermore I’m worried about his state of mind, as he has labelled Bitcoin as a shit coin and we all know that Alts are the real shit coin.