Moneros (XMR) Value Tied to Bitcoin’s (BTC) Insane! John McAfee – U.Today

Yuri Molchan

John McAfee again contends Bitcoin no longer leads the market, saying that its crazy that the value of every crypto coin is tied to Bitcoins value, particularly Monero

Crypto baron John McAfee has taken to Twitter to remind the community of the fact that everyaltcoin, including those in the top-ten, is correlated with Bitcoin, following it up and down the price scale.

McAfee, the former outstanding Bitcoin supporter, who bet his manhood on a $1 mln BTC price, now says that such correlation between the altcoins value and Bitcoins value is insane.

In particular, he regrets that Monero, the most frequently used coin, as per McAfee, is also tied to Bitcoin.

The former antivirusmogul McAfee hasa new favorite on the crypto market. Previously, it was Docademic (MTC) and Bitcoin. Now, it is the privacy coin Monero (XMR).

McAfee states that it is insane to seethat Monero the most used currency on the Darkweb as per him whose value is in its privacy, has to be tied to Bitcoin which possesses no privacy what so ever.

McAfee has also stated that on the Darkweb nobody accepts Bitcoin anymore because it caneasily be tracked. Now, he says, Monero is the most widely-used crypto. As for Bitcoin, he believes thatBTC is the most-traded one. But theres a big difference, McAfeepoints out. Heinsists thatBitcoin is no longer the King of crypto.

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Moneros (XMR) Value Tied to Bitcoin's (BTC) Insane! John McAfee - U.Today