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McAfee 2020: The Bitcoin (BTC) Candidate

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2020 is just around the corner and soon Americans will be choosing the leader of the free world (again). And while most of the red white and blue-blooded patriots of the US will waffle between the inevitable Republican and Democratic candidatesa few of us will be looking into the alternatives offered by various third parties.

Lucky for us, one of those third-party candidates have already come forward. Internet security guru and champion of the cryptoverse, John McAfee, has officially thrown his hat in the ring. Running as a Libertarian, McAfee is making headlines and lighting up the twitter feeds with a brand new political platform designed to bring awareness to blockchain technologies while securing the civil liberties of our internet personas.

And it couldn’t come soon enough.

As we watch our malevolent overlords rip apart what’s left of net neutrality, it has become increasingly difficult to find a voice defending the people’s right to a free and open internet experience.

Between Silicon Valley collectively banning conservative opposition to their progressive agendas, and conservative politicians granting corporations ever intrusive access to your personal information, it seems we are left deciding between two sides of the same tyrannical coin. Whether liberal or conservative, the leaders of the two-party system seem to want the same thing: control of your data. A McAfee White House may flip that coin on its head.

But for investors in the altcoin space, there may be a better reason to cheer the candidacy of John McAfee; There is perhaps no better platform for enlightening the masses about the benefits of blockchain tech. And the coin(s) to benefit from an increased interest in cryptocurrency are likely already hodl’d in our digital wallets.

If you weren’t already, it may behoove you to take note of the coins pumped by this eccentric candidate as we get closer to election season.

Currently, McAfee remains vocal about his predictions concerning Bitcoin (BTC), but he has also recently expressed interest in Swarm (SWM) and decentralized exchanges like EOSfinex and the Binance DEX. Going forward, these coins and exchanges may deserve a second look from each of us as McAfee expands his influence into the media circus surrounding the 2020 presidential election.

In 2016 John McAfee was on the presidential stage helping define the debate surrounding cybersecurity. This time around he will introduce Bitcoin (BTC) to a curious public ready for a new investment strategy. With Rob Loggia, his presidential campaign manager, already laying the foundation for his historic 2020 run, McAfee stands ready to attack the media with a non-stop 2-year crypto-blitz of valuable information on the importance of his favorite decentralized coins.

Despite the seriousness of his rhetoric, McAfee has made it clear that he does not expect to win the presidency. The purpose of his running for president is to bring decentralization and the benefits of cryptocurrency into the American consciousness. To McAfee (and to investors in the cryptoverse) getting your vote is less important than raising your awareness… and perhaps the price of your favorite altcoin.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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As Global Tensions Grow, Bitcoin Price May Go Higher

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BTC Surged Again as A Safe Haven Asset During Global Tensions

  • India – China Border Conflict

After weeks of squabbling and brawling along their long-disputed border, hundreds of Indian and Chinese soldiers engaged in a deadly clash Monday in a river valley that’s part of the region of Ladakh last week. Troops had massed on both sides of the border in recent months in the northern India region of Ladakh and the southwestern Chinese region of Aksai Chin, causing global concerns of a potential escalation between the two.

  • North and South Korea Clash

Last Tuesday, North Korea destroyed the liaison office it jointly operates with South Korea in the city of Kaesong, just north of the demilitarized zone that separates the two countries. 

North Korea also said it would send troops to now-shuttered joint cooperation sites on its territory, reinstall guard posts and resume military drills at front-line areas in a violation of separate 2018 deals with South Korea. Jeong said South Korea will take “immediate, swift and corresponding” steps to any North Korean provocation.

The tensions grown in Asia and the potential “second wave” of coronavirus in the United States may add more difficulties to the global economic recovery. Thus, Bitcoin, as a safe haven asset, attracts more investors to…

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CoinFlip Continues to Dominate the U.S. Cryptocurrency ATM Market

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Although cryptocurrency has brought in a lot of traders seeking the dream of overnight wealth, cryptocurrency is a lot more than just striking it rich.  Cryptocurrency is about creating a new market with companies that are building cutting edge technology in an effort to continue elevating our way of life.  As the crypto market continues to expand, several companies are involved in creating ways for more people to participate.  One such company that appears to be making all the right moves is CoinFlip.

CoinFlip is the world’s leading cryptocurrency ATM operator that currently allows users to buy and sell 10 different cryptocurrencies including BTC, ETH, LTC, DASH, TRX, KMD, LINK, BNB, XLM, and USDC.  Due to the company’s quick growth, CoinFlip has quickly gained a reputation of being the place to go for all crypto ATM transactions.  In addition to its massive geographic coverage, there are four advantages that CoinFlip currently offers over its competitors:

  • Lowest fees of any cryptocurrency ATM in the world
  • Lightning-fast transactions that are typically completed between 10 and 30 minutes
  • Extremely easy customer verification
  • 24/7 customer support through phone, text, and chat

Given the global pandemic currently facing us, many companies have been struggling just to survive.  CoinFlip, on the other hand, is not only surviving but thriving.  The company has had an exciting few months and has even bigger plans…

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Cryptocurrency Fraud is Evolving; Bitcoin ATMs Mitigate Risk 

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Cryptocurrency Fraud is Evolving
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In one of the more overlooked aspects of the crypto ecosystem, it appears that the bulk of illicit activities are shifting from hacks and thefts to cryptocurrency fraud and scams.

CipherTrace, the crypto-surveillance, and analysis firm released a report at the end of Q4 2019 that revealed hacks and thefts had decreased by 66 percent in 2019 while fraud and misappropriation of funds surged by 533 percent. And beneath the COVID-19 hysteria of 2020, hacks in the crypto sector have been eerily isolated. 

Outside of a few exploited flaws in P2P exchanges and DeFi flash loan vulnerabilities, the headline-grabbing hacks of exchanges for hundreds of millions of dollars have been absent so far this year. Is the industry due for another massive hack, or are stringent KYC/AML processes, regulatory crackdowns, better security practices, and blockchain surveillance working? 

KYC/AML Improvements Are Reducing the Appeal of Crypto Exchange Laundering 

2020 is far removed from the no-KYC wild west days of the early-mid 2010s where anonymous altcoin casinos preponderated and the Dark Underbelly of Cryptocurrency Markets thrived. 

Today, bitcoin and the crypto ecosystem is becoming institutionalized with a surfeit of derivatives (e.g., options, futures, perp swaps, etc.) available on…

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