Bitcoin’s diehards have long seen $1 million as the holy grail for the BTC price. John McAfee, for instance, proudly claimed that if BTC doesn’t reach seven figures by the end of 2020, he would consume his own family jewels… and record it too. While many took McAfee as a joke, claiming that this was just a publicity stunt, he has since doubled, tripled, etc. down on this ‘bet’, taking to public forums to claim that Bitcoin reaching this astronomical price figure is totally logical.
In fact, just recently, McAfee, who is currently on the run from U.S. authorities, opined that he’s sure that BTC will hit $1 million by December 31st, 2020, adding that he “never loses bets.” ‘Rebutting’ his cynics, the technology pioneer added that Bitcoin breaching such a price point is possible because “two years is a long time.”