Bitcoin is the least used cryptocurrency, says John McAfee – Invezz

John McAfee, the creator of McAfee Antivirus and a known crypto supporter, recently praised privacy coin Monero (XMR). McAfee acknowledged XMR as the most used cryptocurrency. Meanwhile, he also put down Bitcoin, saying that no one wants to accept it anymore.

McAfee became a big and vocal crypto supporter over the last several years. Over the course of the last few months, he entered the crypto industry as an exchange founder and coin launcher, too. He created his own crypto exchange, McafeeDex. In addition, he also created the software enterprise, McAfee Associates.

His negative comments against Bitcoin do come as a surprise, however. After all, McAfee is well-known for his interest in Bitcoin, among other things. He was a Bitcoin advocate that claimed that the coin will hit the price of $1 million before 2020 ends.

However, it now seems that the former Bitcoin bull is no longer a fan of the worlds largest cryptocurrency.

He actually started bashing Bitcoin in his tweets from May 1st, when he called it a zero-privacy coin.

In the same tweet, McAfee expressed his surprise by the fact that all other cryptos are tied to Bitcoins price movement. He particularly questioned Moneros price to the worlds first crypto. Monero, as a privacy coin, offers and values privacy. Meanwhile, Bitcoin has ZERO privacy, as McAfee put it. With that in mind, he sees no sense in the correlation between the two.

McAfee also commented on other peoples tweets, suggesting Monero as the most used crypto. He even stressed that he does mean the most used, not the most traded coin.

He then addressed a tweet of a user called STILLHODLING, who noted that BTC is the king of crypto. The user did note that this should not be like that, but they acknowledged that it is, in fact the case. However, McAfee denied it, stating that BTC is simply the most widely traded coin. Even though everyone wants to trade Bitcoin, no one is actually using it. He once again stressed that it is Monero that is the most widely used crypto.

Interestingly, his data seems to come from the Dark Web, where, as he says, no one accepts Bitcoin anymore.

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Bitcoin is the least used cryptocurrency, says John McAfee - Invezz