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Fugitive U.S. tech guru John McAfee: Cryptocurrency is next Cuban revolution
Source: Reuters
FINTECH JULY 5, 2019 / 4:00 PM / UPDATED 3 HOURS AGO
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
Sarah Marsh
4 MIN READ
HAVANA (Reuters) - On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too - by launching a cryptocurrency that defeats a U.S. trade embargo.
The creator of the eponymous antivirus software in the 1980s, McAfee in an interview touted the anonymity of the digital currency while also outlining his belief that income tax is illegal and plans to run from Cuba for the Libertarian Party nomination for U.S. president.
“It would be trivial to get around the U.S. government’s embargo through the use of a clever system of currency,” the 73-year-old said Thursday. “So I made a formal offer to help them for free ... on a private channel through Twitter.”
While Cuba had not responded, its Communist government said earlier this week it was studying the potential use of cryptocurrency to alleviate an economic crisis aggravated by tighter U.S. sanctions under President Donald Trump.
-snip-
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
Sarah Marsh
4 MIN READ
HAVANA (Reuters) - On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too - by launching a cryptocurrency that defeats a U.S. trade embargo.
The creator of the eponymous antivirus software in the 1980s, McAfee in an interview touted the anonymity of the digital currency while also outlining his belief that income tax is illegal and plans to run from Cuba for the Libertarian Party nomination for U.S. president.
“It would be trivial to get around the U.S. government’s embargo through the use of a clever system of currency,” the 73-year-old said Thursday. “So I made a formal offer to help them for free ... on a private channel through Twitter.”
While Cuba had not responded, its Communist government said earlier this week it was studying the potential use of cryptocurrency to alleviate an economic crisis aggravated by tighter U.S. sanctions under President Donald Trump.
-snip-
Read more: https://www.reuters.com/article/us-cuba-usa-mcafee/fugitive-u-s-tech-guru-cryptocurrency-is-next-cuban-revolution-idUSKCN1U028D
