{"id":248318,"date":"2020-01-29T07:30:16","date_gmt":"2020-01-29T12:30:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=248318"},"modified":"2020-01-29T07:30:16","modified_gmt":"2020-01-29T12:30:16","slug":"john-mcafee-defects-to-altcoin-slanders-bitcoin-like-a-sailor","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/john-mcafee-defects-to-altcoin-slanders-bitcoin-like-a-sailor","title":{"rendered":"John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor"},"content":{"rendered":"<p>John McAfee is quite the persona to simply observe. The man has done a great many things that hold a significant lack of sense or forethought, but in the <a href=\"https:\/\/insidebitcoins.com\/news\/cryptoverse-sending-aid-to-coronavirus-victims\/248184\">cryptoverse<\/a>, he holds a unique title: The Bullish Man On Earth.<\/p>\n<h2><strong>Doubling Down On Opposites<\/strong><\/h2>\n<p>Of all the most outrageous claims to ever have been made regarding the world\u2019s first cryptocurrency, <a href=\"https:\/\/insidebitcoins.com\/news\/john-mcafees-1-million-crypto-prediction-apparently-a-ruse\/245816\">McAfee<\/a> was the one that won them all: Predicting that BTC would reach $1 million in value by 2019. Furthermore, the man bet his own manhood in this prediction, saying he would eat his own penis if it didn\u2019t work out.<\/p>\n<p>Sadly, he didn\u2019t follow through on that. He spun it out into some excuse that it was a publicity stunt. Now, though, it seems that McAfee has a new fad to keep himself busy with: Denouncing Bitcoin as \u201cthe true shitcoin\u201d and pushing for other forms of crypto, or altcoins.<\/p>\n<p>Amongst all these jarring transitions of sides, the man is running for the US presidency, as well.<\/p>\n<p>This world is truly a magnificent one.<\/p>\n<h2><strong>McAfee: Bitcoin Is (Suddenly) Doomed to Fail<\/strong><\/h2>\n<p>Through recent twitter posts, Mcafee praised the so-called Bitcoin maximalists for inventing the word \u201cshitcoin\u201d but warned that they were using it for the wrong crypto forms.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Whichever Bitcoin Maximalist came up with the term &quot;Shitcoin&quot; for all other coins;<\/p>\n<p>Was brilliant.<\/p>\n<p>But we all know that the future of Crypto rests with the Alt Coins.<\/p>\n<p>Bitcoin &#8211;<\/p>\n<p>Old, clunky, no security, no smart contracts, no DAPs &#8230;.<\/p>\n<p>Is the true Shitcoin.<\/p>\n<p>&mdash; John McAfee (@officialmcafee) <a href=\"https:\/\/twitter.com\/officialmcafee\/status\/1222389224902668288?ref_src=twsrc%5Etfw\">January 29, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Instead of using it to refer to all the other crypto forms, as the tribalistic maximalists are keen to do, McAfee claims that Bitcoin is the only thing deserving of the title. He doubled down, calling Bitcoin clunky and old, and pointing out that Bitcoin doesn\u2019t hold dApps or smart contracts.<\/p>\n<p>No words need to be said about the reaction of the public, but it\u2019s highly encouraged to pursue that twitter post personally. The wit and relevance of a few posts are rather exceptional, but there comes the question as to why McAfee did a complete 180 like this.<\/p>\n<h2><strong>Natural Paths Of Evolution<\/strong><\/h2>\n<p>There is an argument made that Bitcoin is becoming obsolete, but the case is only half-true. Bitcoin is <a href=\"https:\/\/bigthink.com\/technology-innovation\/difference-bitcoin-and-altcoins?rebelltitem=4#rebelltitem4\">continuously evolving<\/a> on its own and serves a niche that is always served. The issue was never Bitcoin going out of date; it was new niches being discovered. These new niches needed something other than Bitcoin to fill the need, so other forms of crypto start to rise. There is a lot of overlap, but Bitcoin has behaved the same way since the inception, and Bitcoin isn\u2019t leaving any time soon. For now, it\u2019s recommended to sit back and have some popcorn before going through the comment section of this twitter post.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">John McAfee is quite the persona to simply observe. The man has done a great many things that hold a significant lack of sense or <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/john-mcafee-defects-to-altcoin-slanders-bitcoin-like-a-sailor\" title=\"John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor\">[&#8230;]<\/a><\/div>","protected":false},"author":1717,"featured_media":222723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[5477,734,7802],"class_list":["post-248318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-altcoin","tag-bitcoin","tag-john-mcafee"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor<\/title>\n<meta name=\"description\" content=\"There is an argument made that Bitcoin is becoming obsolete, but the case is only half-true. Bitcoin is continuously evolving on its own.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor\" \/>\n<meta property=\"og:description\" content=\"There is an argument made that Bitcoin is becoming obsolete, but the case is only half-true. Bitcoin is continuously evolving on its own.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-29T12:30:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/The-Brain-Behind-Bitcoin-Is-Very-Much-Alive-John-McAfee-Drops-Shocking-Revelations.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1379\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ali Raza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ali_r1272\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ali Raza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318\"},\"author\":{\"name\":\"Ali Raza\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/542f9bb7fcd1a45cdfd54e377a73fb2d\"},\"headline\":\"John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor\",\"datePublished\":\"2020-01-29T12:30:16+00:00\",\"dateModified\":\"2020-01-29T12:30:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318\"},\"wordCount\":441,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/The-Brain-Behind-Bitcoin-Is-Very-Much-Alive-John-McAfee-Drops-Shocking-Revelations.jpg\",\"keywords\":[\"Altcoin\",\"Bitcoin\",\"John McAfee\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318\",\"name\":\"John McAfee Defects To Altcoin, Slanders Bitcoin Like A Sailor\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/248318#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/The-Brain-Behind-Bitcoin-Is-Very-Much-Alive-John-McAfee-Drops-Shocking-Revelations.jpg\",\"datePublished\":\"2020-01-29T12:30:16+00:00\",\"dateModified\":\"2020-01-29T12:30:16+00:00\",\"description\":\"There is an argument made that Bitcoin is becoming obsolete, but the case is only half-true. 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