Three years ago, John McAfee was asked if Bitcoin would reach $500,00 in value by 2020. McAfee answered that if it did not, he would eat his own penis on national television. Then he decided to take it one step further by saying it would reach $1,000,000 by 2020 according to his models.
Not only did McAfee say this in 2017, he repeated himself in 2019, saying it was impossible mathematically for Bitcoin to be worth less than $1,000,000 by December 31, 2020. While we have a year to go to see these numbers, according to The Dickening, a website that is tracking the progress of Bitcoin, everyday Bitcoin would need to see a growth of $2,763 just to reach the $1,000,000 by the end of the year. While it is not impossible, we find it very rare that this will actually happen.
McAfee is now calling this whole thing a trick to get new users. He actually told one user on Twitter to “Wake the F up!” and that he hoped none of his followers are that stupid. Currently, Bitcoin is valued at around $7,500.