I may not like the man when I first heard about him talking about Bitcoin and cryptocurrency but certainly he has grown lovable in my eyes as months go by. He has become like the the unofficial spokesperson for the world of cryptocurrency...speaking his own ideas, opinions and predictions of what can be months/years from now with Bitcoin and cryptocurrency. Of course, some of his projections can be outlandish to say the least but it is always nice to have him in here. The world already know his 1-Million-Bitcoin-in-2020 and otherwise he would do the unthinkable which nobody would be interested to see (haha!).
Lately, he has been the focus in the limelight for the many because his endorsements for some coins that resulted into pumps and profits for the many who actively followed what he is going to say. Do you think that John McAfee can be the right man for cryptocurrency? Should we adopt him as our official defender and spokesperson?
There is no doubt that John McAfee have huge amount of followers which a lot of people have benefited from his wealth of knowledge but appointing him as the overall spokesperson is something that might come back against the community in the long run in my own way of thinking.
1. That single action would defeat the very fabric of the crypto world which decentralization and anonymity because it would then mean that McAfee would need to be contacted when government or anybody wants to make a decision concerning the crypto world. How are we sure that he wont compromise in the long run.
2. Another is the opening of rivalry that this will bring then it means a lot of people who have even contributed immensely to the crypto industry would also want to be recognised. We have Roger Ver popular in his own corner, we have Theymos of the largest bitcoin forum, we have Thomas V the developer of Electrum and a hosts of several that their input cannot be undermined.
3. Even in some quarter, a lot of people following his words on a coin are only doing it for their selfish needs and because he is also a capitalist, then it means he is equally making tons of money out of it which is even doing more damage to the market than good if you look at it in another way.