John McAfee, who recently announced his candidacy for the US presidential election in 2016, said in an interview that digital currency will be massively adopted but he is not sure if it will be bitcoin. 

McAfee is now going to run for presidency under the Libertarian party, which he joined last week having shifted from the Cyber Party. A 70 year old American pioneer of anti-virus software, McAfee is known for developing the eponymous brand later sold to Intel. Other candidates running for president include Hillary Clinton, Donald J. Trump and Jeb Bush.

In an interview with the libertarian podcast Revolution Report Live, McAfee stated that the digital currency is an emerging technology which will require several attempts before success is achieved.

He also named three problems that might potentially hinder the development of bitcoin: loss of funds when keeping money in bitcoin currency, relative complexity for inexperienced users, and the increasingly high cost of bitcoin mining. However, McAfee’s belief in the coming of electronic currency is apparently very strong:

“...But I promise you, we will have an electronic currency. And we have to have an electronic currency, for our own privacy if nothing else. When that happens, there will be an economic revolution throughout the world, a financial revolution,” he stated.

McAfee revealed that he is close friends with Ron Pierce, “one of the biggest enthusiasts of Bitcoin.”

“Honestly, in private conversations with Ron, we get the same thing. There will be an electronic currency, that I promise you. And if it’s Bitcoin, great. I just don’t think it will be,” he added.

Sonya Belova