John McAfee Supports Bitcoiin2G (B2G), the Digital Asset Backed by Steven Seagal
John McAfee seems to be supporting the controversial Bitcoiin2G (B2G) which was already supported by Steven Seagal. The B2G digital currency conducted a pyramid scheme that pushed the State of New Jersey to ban the promotion of this digital asset.
McAfee And Steven Seagal Promote B2G
The digital currency B2G started to be supported only by two or three different exchanges, even when the digital asset harmed individuals using these platforms. Currently, there are 10 different trading pairs of B2G, but none of them has a meaningful trading volume.
In a recent Tweet, Mr. McAfee, that is known for promoting different virtual currencies and Initial Coin Offerings (ICOs) said that B2G grew 30% in the last 30 days and that it is time to hop onboard.
B2G has shown a 30% price increase in the past 30 days. Still time to hop onboard.
— John McAfee (@officialmcafee) April 17, 2019
B2G is a digital currency that depends on Dragon Mining, a company that is located in China and that promotes the “world’s most efficient miner.” Although the company has been selling mining hardware, there is no real hash rate behind B2G.
According to a recent report released by P.H. Madore, B2G was virtually unheard until Seagal promoted. In the last hours, B2G has seen a volume increase that could come from whales or larger investors. This is something that could clearly harm users that want to genuinely purchase this digital asset.
There are miners from other networks such as Ethereum Classic (ETC) that could easily control the market and the total hash rate of B2G.
This is not the first time that Mr. McAfee promotes digital assets. In the past, he promoted Sky but he ended his partnership with the coin and project since he did not agree on some topics with the project leader behind this virtual currency.