John McAfee,the famous American computer scientist, made himself known in the crypto-community, thanks to his forecasts and controversial remarks. He recently made some clarifications on his own fiat currency supported by a cryptocurrency.
A fiduciary currency supported by a cryptocurrency?
The founder of the antivirus software provider McAfee is considered a guru in the cryptocurrency market. He let it be understood that a revolutionary currency could emerge soon. The new "McAfee Money" is named McAfee Redemption Unit (MRU) . It is a fiduciary currency supported by a cryptocurrency.
« @SmartPayMINT sent this. What's odd is that tomorrow night I'm going to make an announcement of the new McAfee currency, based on a radical new concept: the cryptocurrency-supported (collectible) currency - just the opposite of what the banks are trying to do. Seriously, "McAfee announced on Twitter.Knowing that it is a fiat currency, it should be printed on paper money. Linked to the Blockchain, it would be redeemable with collectible features.
In another tweet, McAfee said:
No hoax. The McAfee Redemption Unit is real and arrives in 26 days. The chart is in low resolution - I do not want to give more details yet. But it is printed on paper money, there are holographs on both sides, serialized, linked to the Blockchain, exchangeable, convertible and collectible.
The McAfee effect has a proven track record
Crypto-analysts are convinced that McAfee's tweet can cause a price explosion. The announcements made by the famous computer scientist have a significant impact. Indeed, a single publication would have garnered just over a million dollars Investment in an Initial Coin Offering (ICO). Several virtual currencies experienced an upward trend of more than 100% at the time.What's more, McAfee has more than 828,000 followers on Twitter, leaving it easy to reach millions of followers.
In fact, he charges $ 105,000 per promotional tweet for projects related to the digital currency industry.
McAfee also issued epic warnings about the imminent war between banks and virtual currencies, according to a report by Ethereum World News.
The banks have already declared war on us by refusing us the opportunity to buy cryptocurrencies with credit cards. Since the ban on credit cards four months ago, the war has begun. The US and UK banks initially launched a ban, and many crypto-currency exchange services took disproportionate charges by classifying credit card purchases as cash advances.The SEC is trying to flee crypto-currencies as securities, we are at war. I call for action, the first step being to write to your MP. While this is not an option for most cryptocurrency traders, the next tip is this: we are still living at a time when fiat money is being used for most transactions and payments. As a result, we have to move from fiat currencies to crypto-currencies and vice versa. For that, we need a compliant bank. If customers go to their bank asking why it is not possible and threaten to change financial institution that would allow deposits in cryptocurrencies, the bank must ask if the number of complaints is sufficient to yield to the request.
What do you think of the concept of fiduciary money supported by cryptocurrency? What do you think about John McAfee? Tell us in the comments section below.