John McAfee: Bitcoin (BTC) Is Unstoppable from Long-Term Perspective, Price Manipulation Does Not Matter

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Thu, 03/21/2019 - 16:56
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Yuri Molchan
👑In several recent tweets, McAfee, the long-term Bitcoin supporter, insists that nothing can stop Bitcoin in the end and it will win like any other technology🙌
John McAfee: Bitcoin (BTC) Is Unstoppable from Long-Term Perspective, Price Manipulation Does Not Matter
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John McAfee, who is currently running a US presidential campaign in order to popularize cryptocurrencies, and has been a Bitcoin supporter for a very long time, has recently posted several tweets in which he assures that Bitcoin will get ahead of all its opponents in the end.

John McAfee

Bitcoin is bound to win

As per McAfee’s recent statements on Twitter, Bitcoin supporters should believe in the father of crypto no matter what. He also compared crypto with the very first automobiles when those appeared in the age of steam-powered locomotives.

As for the price manipulation that many suspected in 2018 and even now, he told them to calm down, assuring everyone that nothing can stop Bitcoin from mass adoption eventually.

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SEC screams of manipulation in the crypto market

McAfee’s tweets seem to be provoked by the recent public words of Jay Clayton, the head of the SEC. Last week in one of his speeches he mentioned big players manipulating prices in the market of digital assets.

As per Clayton, this manipulation is the main thing preventing the SEC from giving the green light to Bitcoin ETFs (exchange-traded funds). As another reason for the delay in approval, he names high volatility in the crypto market overall.

Previously, McAfee called the SEC abusive names using medical terms and swear language and even called out Clayton for a debate. But the latter never took place.

SEC screams of manipulation in the crypto market

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.