The cryptocurrency world is shocked by the announcement of the father of crypto, John McAfee, who announced on Twitter that he will release his own McAfee coin, which will be a fiat currency (collectible) backed by cryptocurrency.
A digital coin will be considered a form of fiat because it will be printed on paper, have holograms on both sides, as well as a series and some kind of link to the blockchain. In addition, it will be redeemable, convertible and collectible.
Cryptocurrency analysts strongly believe that McAfee's tweets are so powerful in effect that they could lead to a cryptocurrency boom, and could also turn out to be a hoax depending on what they are about. In the cryptocurrency world, McAfee's statements matter more than anyone else's. In many cases, a single tweet from him could attract over a million dollars in ICO investment, with several currencies rising in value by more than 100%.
With McAfee having 828,000 direct Twitter followers, he could attract the attention of millions of cryptocurrency supporters. Interestingly, due to the number of followers and the strength of his tweets, John McAfee charges $105,000 for a tweet promoting a cryptocurrency project.
Ethereum World News previously published McAfee's warning about the impending cryptocurrency war.
“Banks have already declared war on us by denying us the ability to buy cryptocurrency with credit cards. The SEC is trying to hide from cryptocurrencies by considering them securities. We still live in a world where fiat is used for most transactions and payments. As a result, we have to convert cryptocurrency to fiat and vice versa, and for this we need a corresponding bank. If customers tell banks that they will change them to those that accept cryptocurrency, then banks will pay attention, if, of course, there are enough such complaints.”
According to ethereumworldnews
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