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McAfee Claims Bitcoin Will Hit $1M In 2020

Janelle Fox

Summary: John McAfee, the famous programmer and presidential candidate is claiming in an interview with Forbes that Bitcoin will cost $1million per coin in 2020, which is double the $500,000 prediction he originally gave. McAfee believes that the scarcity of Bitcoin will trigger a surging price, since the BTC supply is limited at 21 million coins, ...

John McAfee, the famous programmer and presidential candidate is claiming in an interview with Forbes that Bitcoin will cost $1million per coin in 2020, which is double the $500,000 prediction he originally gave.

McAfee believes that the scarcity of Bitcoin will trigger a surging price, since the BTC supply is limited at 21 million coins, and considering that 7 million have been lost forever this statement holds even truer.

Bitcoin however currently sits at $8,268 with only a few months until 2020. However there is still time in what has been an extremely volatile year.

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