Often providing some light relief for the crypto community, John McAfee has been around all year to comment on the industry’s ups and downs, while also adding fuel to his campaign to bring crypto into the mainstream via a presidential bid.
The midterm elections haven’t even been held yet, and already John McAfee has declared his intention to run for president.
Already in June he said:
“In spite of past refusals, I have decided to again run for POTUS in 2020. “If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us.”
It’s well known that McAfee doesn’t actually want to win in the 2020 US elections (his slogan is ‘don’t vote for John McAfee’), but rather he wants to use his platform to push for a higher profile for cryptocurrencies. As such, he plans to run under the moniker of the Cyber Party, promising to steal back the entire system from “thieves”.
“Two competing gangs, whose members have sworn allegiance to a nearly religious set of rigid ideologies, have forced us to choose between two candidates that have been pre-selected by the gangs’ members. There are only two people who are allowed to win.”
McAfee has stuck by his optimism for the future of cryptocurrency since the start, and by the end of 2018 his predictions put Bitcoin’s value at $1 million by 2020. This comes as the community is plagued by the sharp downturn in value since November.
May also saw him announce lofty expectations for the coin, even as Bitcoin fell below $8,000. On Twitter he wrote:
“Institutional investors are preparing to enter the cryptocurrency market with a vengeance. They are generally long term investors and will be pumping billions into the market. Expect the top ten coins to go through the roof fairly quickly. The bulk of altcoins will soon follow.”
In September he had offered $250,000 to anyone who could gain access to his BitFi wallet, but profusely denied claims that it had been successfully hacked.
As opposed to turning his sights on becoming 46th President of the United States, McAfee views the campaign process as a prime opportunity to promote Bitcoin and cryptocurrency to the masses, stating that his platform will be that similar to that of current libertarian movement. However, he is confident that “no one will elect [him] as president,” continuing:
“That’s [crypto] all I’m going to talk about. See, I don’t want to be president. I couldn’t be…no one’s going to elect me president, please God. However, I’ve got the right to run.”
In the one of the interviews, McAfee also reiterated his prediction from last-year that top cryptocurrency Bitcoin (BTC) will hit $1 million by the year of the U.S. president elections. However, McAfee clarified that that amount of U.S. dollars will not be the same $1 million that we have today, since fiat currencies will logically flee to crypto markets, adding confidently:
“In five years time fiat will be on its last legs.”
McAfee reiterated that his intention is less about becoming the president or holding influence over the country in any political capacity. Instead, he views the opportunity to run and discuss policy a prime opportunity to champion the benefits of decentralized cryptocurrencies, a feature that could come to backfire for the industry with such an enigmatic spokesman at the helm.
Interestingly, McAfee did expand on why he is so enamored and supportive of crypto, despite being an already independently wealthy man following his creation of McAfee Antivirus Software. McAfee claimed that he was concerned with the concept of “personal freedom” and found that cryptocurrency provided a superb alternative for the fulfilling that degree of autonomy, with an presidential campaign allowing him to “talk about personal freedom and how cryptocurrency can help us achieve that.”
The billionaire made such an impression this year that another movie based on his life was announced, starring Michael Keaton. Seth Rogen will co-star was Wired reported Ari Furman, who becomes mixed up in McAfee’s world. With a 2018 like this, 2019 can only get more interesting…