Crypto enthusiast, bitcoin (BTC) bull, antivirus software namesake and 2020 United States presidential campaigner John McAfee is releasing his own independent cryptocurrency, according to an official Twitter post on May 29.
According to his website
on the announced cryptocurrency, the “McAfee Freedom Coin” will roll
out some time this fall. The McAfee Freedom Coin appears to aim for
total isolation and independence from traditional currencies, assets and
exchanges in an effort to reach “the Holy Grail of cryptocurrency —
economic freedom.”
According to McAfee, these are the desired properties of the new cryptocurrency:
“What is needed is a coin disconnected from fiat currencies
and from other crypto currencies alike — a coin with zero cash-in
value, yet accepted universally … It is not based on any commodity nor
is it connected to the value or behavior of any external item or entity.
The value of the coin will always be zero in relation to any other
currency yet it's natural market value is free, completely, to grow.”
As previously reported
on Cointelegraph, McAfee has said he plans to run for President of the
United States in 2020 on a boat in international waters, since he has
purportedly been indicted by the U.S. Internal Revenue Service (IRS).
McAfee
has reportedly made no secret of his tax evasion, saying that he has
not filed taxes for eight years. His presidential campaign is also not a
serious bid for the office, but rather a stated attempt to promote cryptocurrencies as a means to securing personal freedom for citizens.
In recent news, McAfee said that he has discovered the identity of the mysterious Bitcoin creator Satoshi Nakamoto,
who is purportedly a man living in the U.S. McAfee apparently was
planning to out Nakamoto’s identity, but has put his plan on pause per
advice from his extradition lawyer:
“The US
extradition request to the Bahamas is imminent. I met with Mario Gray,
my extradition lawyer, and it is now clear ... that releasing the
identity of Satoshi at this time could influence the trial and risk my
extradition. I cannot risk that. I'll wait.”
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