• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / John McAfee Slams Bitcoin, Calls it as ‘True Shitcoin’
John McAfee Slams Bitcoin, Calls it as ‘True Shitcoin’

John McAfee Slams Bitcoin, Calls it as ‘True Shitcoin’

January 30, 2020 by Tabassum Naiz

  • Prominent Bitcoin bull, John McAfee, calls Bitcoin a True Shitcoin.
  • John McAfee seems Altcoins as a future alternative for the Bitcoins.
  • The follower community has taken aback and started criticizing McAfee for the new attitude. 

John McAfee, the US presidential candidate has always been an adamant Bitcoin. He previously predicted that Bitcoin will hit $5,00,000 by late 2020 and later responded as “if not, I will eat my dick on national television.”. More so, he also updated and raised his prediction bar to $1 million.

However, he recently took back his words, stating that the prediction was made just to attract new users to the crypto industry. And it successfully worked. 

McAfee patches on BTC repeatedly

In his latest tweet on January 29, 2020, the founder of the most popular antivirus software took a U-turn and claimed that the future of Cryptocurrency is on Altcoins. He also surprisingly compared the biggest digital asset with Ford’s Model T car and stated that BTC is an “ancient technology”. He even claimed that ‘Bitcoin is a true Shitcoin’.

Whichever Bitcoin Maximalist came up with the term "Shitcoin" for all other coins;

Was brilliant.

But we all know that the future of Crypto rests with the Alt Coins.

Bitcoin –

Old, clunky, no security, no smart contracts, no DAPs ….

Is the true Shitcoin.

— John McAfee (@officialmcafee) January 29, 2020

 

Moreover, McAfee praised the extremists who summoned that Altcoins are Shitcoins. Extremists considered Bitcoins superior to Altcoins. However, McAfee criticized BTC saying it as ‘old’ and ‘chunky’. Not just that, he also acknowledged a comment posted by Bitcoin-critic and said: “Bitcoin is the Hotmail of Crypto.”

The followers took a negative approach on Twitter against McAfee

On the tweet posted by McAfee, the community reacted back reprimanding McAfee for the new attitude adopted towards the Bitcoin.

One of the users commented that he made the statement as he is about to participate in the presidential elections scheduled on November 3 this year. The same user also stated that if BTC fails, then Altcoins will hold the same status too.

Another user reportedly made a statement that McAfee has taken a clear U-turn since he is sure and smart enough to judge that his prediction will fail.

However, a few commentators also stated in the comments of the Twitter post made by McAfee that Crypto Baron will now start praising and promoting Altcoins instead of Bitcoins. 

McAfee’s connection with Cryptocurrency

As per various tweets, McAfee’s belief in Cryptocurrency was totally emphasized after he launched his “no-restrictions” decentralized exchange, McAfeeDEX. Moreover, this platform runs on Ethereum blockchain. According to John McAfee,

“We have pretty much everything except Bitcoin, which is the big problem.”

Considering the kind of statements McAfee cites, one can sum up with a point that he is very clear that he has a mixed and controversial relationship with the Cryptocurrency space, especially Bitcoin. 

Filed Under: News Tagged With: Altcoins, Bitcoin (BTC)

Primary Sidebar

Recent Posts

  • Cardano’s DJED Finally Launch After 1 Year In Development February 1, 2023
  • Ethereum Powers Premier League’s Teamup with Sorare For Digital Player Cards In Fantasy Sports February 1, 2023
  • Bitcoin Boom: $117M Influx Brings Investors Back To Digital Asset Market January 31, 2023
  • Bitcoin Best Month: 43% YTD Price Increase Amid Short Squeezes January 31, 2023
  • Binance And Mastercard Join Forces To Launch Crypto Card In Brazil January 31, 2023

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2023 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.