Cybersecurity expert, John Mcafee, has doubled his infamous $500,000 prediction for bitcoin and now believes the cryptocurrency will reach $1,000,000 by 2020.
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“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong.”
Mcafee is the developer of the first commercial anti-virus program.
In 2015, Mcafee announced he would seek the office of President of the United States in the 2016 presidential election as a member of the Libertarian Party.
“The incentives for mining Bitcoin, and the popularity of the platform, continue to grow, and the trend is clear. Bitcoin is here to stay, and despite dips and bumps in the road, will continue to grow in value.”