1 00:00:00,080 --> 00:00:04,520 My first question is actually about Libra from Facebook. 2 00:00:04,520 --> 00:00:10,480 You tweeted today, a little bit earlier today, that Libra is a grotesque distortion of the 3 00:00:10,480 --> 00:00:14,280 original intent of cryptocurrency, economic freedom. 4 00:00:14,280 --> 00:00:18,240 And I was just wondering if you could expand a little more on that thought. 5 00:00:18,240 --> 00:00:20,940 Okay. 6 00:00:20,940 --> 00:00:30,300 If you read the white paper, at the very end, the intent of the foundation is not so much 7 00:00:30,300 --> 00:00:36,360 the cryptocurrency, but that the use of the cryptocurrency on their specific blockchain 8 00:00:36,360 --> 00:00:43,140 is going to allow the gold, sort of the holy grail of monitoring people. 9 00:00:43,140 --> 00:00:49,700 That is a universal digital identification. 10 00:00:49,700 --> 00:00:54,940 That's going to be rolled into the cryptocurrency, meaning that everything that you do with 11 00:00:54,940 --> 00:00:59,240 that currency can be monitored and traced back to you. 12 00:00:59,240 --> 00:01:08,080 Now, I'm a firm believer in privacy and even anonymity when it comes to our financial transactions. 13 00:01:08,080 --> 00:01:09,980 I believe they should be private. 14 00:01:09,980 --> 00:01:16,700 We each have the right to earn a living and to do what we wish with the money that we 15 00:01:16,700 --> 00:01:17,700 earn. 16 00:01:17,700 --> 00:01:24,940 If not, then we are still under the control of the financial system we are trying to escape 17 00:01:24,940 --> 00:01:25,380 from. 18 00:01:25,380 --> 00:01:31,580 I mean, that is the purpose of digital currency, to give control of currency back to the people 19 00:01:31,580 --> 00:01:40,820 rather than to governments and institutions that can control the currency that we use. 20 00:01:40,820 --> 00:01:44,060 And you need to understand how important currency is. 21 00:01:44,060 --> 00:01:48,060 To get that freedom, we have to have a decentralized system. 22 00:01:48,060 --> 00:01:58,060 And we have to have a system that provides a degree of privacy, because without privacy, then we still are controlled. 23 00:01:58,060 --> 00:02:05,300 The reverse of privacy is a system where everything that you do is known. 24 00:02:05,300 --> 00:02:19,180 That is, you have a mark on your forehead, your ID, your unique genetic stamp that identifies you so that wherever you go and whatever you do is known. 25 00:02:19,180 --> 00:02:20,180 No. 26 00:02:20,180 --> 00:02:22,180 This is what Facebook has produced. 27 00:02:22,180 --> 00:02:23,180 Please, God, people. 28 00:02:23,180 --> 00:02:24,180 We cannot. 29 00:02:24,180 --> 00:02:25,860 We cannot tolerate this. 30 00:02:25,860 --> 00:02:29,860 Now, they can produce it, but we do not have to use it. 31 00:02:29,860 --> 00:02:40,860 Please understand that using Facebook is the abdication of everything that we have worked for for almost 10 years. 32 00:02:40,860 --> 00:02:49,860 So, understand what it is, let them do what they want, but please, God, do not accept it as your standard of currency. 33 00:02:49,860 --> 00:02:53,860 It will be the end of your freedom and the end of your privacy. 34 00:02:53,860 --> 00:02:57,860 Can you explain your stance a little bit more about income tax? 35 00:02:57,860 --> 00:03:06,860 Because it's put you in this clearly unique position of living in different places, living kind of in exile. 36 00:03:06,860 --> 00:03:09,860 I know you have a boat that you live on. 37 00:03:09,860 --> 00:03:18,860 And can you talk about, like, why you consider, why you make that statement that you think income tax is illegal in the U.S.? 38 00:03:18,860 --> 00:03:22,860 I'm talking about America, which is my home country. 39 00:03:22,860 --> 00:03:37,860 Our Constitution states very clearly Congress shall pass no laws to inhibit, restrict, or in any way hinder an individual's ability to earn a living. 40 00:03:37,860 --> 00:03:51,860 Now, if you're taking 25% of my money, if you're making me work for you, the government, for one-quarter or one-third of the year, I insist that it's inhibiting my ability to make a living. 41 00:03:51,860 --> 00:03:55,860 And there are many people in America who believe this. 42 00:03:55,860 --> 00:04:00,860 The Libertarian Party is based largely on income taxes illegal. 43 00:04:00,860 --> 00:04:02,860 It's illegal. 44 00:04:02,860 --> 00:04:03,860 They're doing it. 45 00:04:03,860 --> 00:04:04,860 They're taking my money. 46 00:04:04,860 --> 00:04:08,860 I finally said I'm going to stop talking about it and do something. 47 00:04:08,860 --> 00:04:10,860 Eight years ago, I stopped paying. 48 00:04:10,860 --> 00:04:19,860 Now, they left me alone because, you know, the government that was poking me is going to create some sort of backlash. 49 00:04:19,860 --> 00:04:36,860 When I started talking about cryptocurrency and how privacy coins and distributed exchanges could alleviate a person's need to pay taxes because the government can never find out who you are, what money you made, and what you did with it. 50 00:04:36,860 --> 00:04:37,860 It's not possible. 51 00:04:37,860 --> 00:04:45,860 When I started speaking on the national and international stage about that, then they came after me because 52 00:04:45,860 --> 00:04:50,860 I am now a direct threat to the system of government in America. 53 00:04:50,860 --> 00:04:51,860 Okay. 54 00:04:51,860 --> 00:04:56,860 So you've already sort of touched on the reasons why you chose to be in Cuba in particular, but 55 00:04:56,860 --> 00:04:59,860 I just want to come back to that a little bit. 56 00:04:59,860 --> 00:05:07,860 So you're running for president and sort of the base of your campaign and your personal ideals is economic freedom, as you've been describing. 57 00:05:07,860 --> 00:05:13,860 Cuba is actually very low on the international list of economic freedom, the index. 58 00:05:13,860 --> 00:05:17,860 And I'm wondering if you see any contradiction in that. 59 00:05:17,860 --> 00:05:22,860 Well, not in the least, because let me ask you who creates that index? 60 00:05:22,860 --> 00:05:24,860 Is Cuba asked about it? 61 00:05:24,860 --> 00:05:29,860 Do people come to Cuba and actually study what's happening here? 62 00:05:29,860 --> 00:05:30,860 Let me tell you something. 63 00:05:30,860 --> 00:05:35,860 This is the most entrepreneurial society I have ever been in. 64 00:05:35,860 --> 00:05:41,860 Yes, the government does restrict absolutely everything in terms of your making a living. 65 00:05:41,860 --> 00:05:46,860 However, there is an undercurrent, sort of a, not even a dark part. 66 00:05:46,860 --> 00:05:53,860 It's just below that is an economic entrepreneurial system, which I have never seen before. 67 00:05:53,860 --> 00:05:56,860 And it's the same thing in every communist country. 68 00:05:56,860 --> 00:05:58,860 In Russia, it was the same. 69 00:05:58,860 --> 00:06:05,860 So, you know, people are making $20 a month and yet they're buying cars that cost $60,000. 70 00:06:05,860 --> 00:06:06,860 Now, how do you do that? 71 00:06:06,860 --> 00:06:08,860 Ask simple questions, all right? 72 00:06:08,860 --> 00:06:18,860 They're doing it by being creative, by adhering to the laws of the government and at the same time managing to make a good living. 73 00:06:18,860 --> 00:06:23,860 So, Jesus, no, this is the most entrepreneurial place I've ever seen. 74 00:06:23,860 --> 00:06:27,860 Do not buy America's garbage propaganda. 75 00:06:27,860 --> 00:06:29,860 Gotcha. 76 00:06:29,860 --> 00:06:35,860 I want to ask a little bit more about your plan to run for president of the U.S. 77 00:06:35,860 --> 00:06:44,860 I'm wondering how you see cryptocurrency, in particular, fitting into your role, potential role as president. 78 00:06:44,860 --> 00:06:54,860 Now, I could not possibly be president, even if I had a platform, even if I wanted to, even if I dressed in a business suit and didn't curse. 79 00:06:54,860 --> 00:06:57,860 No matter what I did, I can't be president of Jesus God. 80 00:06:57,860 --> 00:06:59,860 I'm John McAfee. 81 00:06:59,860 --> 00:07:02,860 However, I can certainly run for president. 82 00:07:02,860 --> 00:07:05,860 So, let's not talk about what I would do the first day in office. 83 00:07:05,860 --> 00:07:13,860 Let's talk about what I'm going to do while running, which is to raise awareness, not just in the U.S., but around the world. 84 00:07:13,860 --> 00:07:19,860 Because, believe me, everybody around the world is interested in U.S. politics. 85 00:07:19,860 --> 00:07:32,860 I want to educate people about how fiat currencies are their prism and the means that governments use to make a society of slaves. 86 00:07:32,860 --> 00:07:35,860 And this is what I want to educate people about. 87 00:07:35,860 --> 00:07:37,860 How do we get out of that prison? 88 00:07:37,860 --> 00:07:48,860 We take control first of our economy, of our currency, of our ability to survive, to buy food, clothes, and shelter. 89 00:07:48,860 --> 00:07:50,860 Without the currency, you cannot do that. 90 00:07:50,860 --> 00:07:54,860 I want to talk a little bit more about your relationship with the U.S. government. 91 00:07:54,860 --> 00:08:05,860 So, you last month tweeted about having terabytes of incriminating data on corruption in governments, plural. 92 00:08:05,860 --> 00:08:06,860 Yes. 93 00:08:06,860 --> 00:08:09,860 Could you go into a little more detail about what kind of data we're talking about? 94 00:08:09,860 --> 00:08:12,860 How did you get the data? 95 00:08:12,860 --> 00:08:15,860 Can you share some of it or reveal some of it? 96 00:08:15,860 --> 00:08:18,860 Let me give an example of the kind of data. 97 00:08:18,860 --> 00:08:23,860 Now, in order to give a shot across the bell, I was in the Bahamas. 98 00:08:23,860 --> 00:08:35,860 The U.S. government had manufactured these charges against me to get me extradited from the Bahamas so they could try me for IRS crimes. 99 00:08:35,860 --> 00:08:49,860 The people who cooperated illegally with the U.S. government in the Bahamas was the head of the police force and the head of the armed forces in the Bahamas. 100 00:08:49,860 --> 00:08:52,860 So, I outed those people. 101 00:08:52,860 --> 00:08:54,860 They both had secret bank accounts. 102 00:08:54,860 --> 00:09:07,860 I published the name of the bank, the account numbers of the secret accounts, the deposits that came in to these accounts, the dates, the amount, and from whom. 103 00:09:07,860 --> 00:09:14,860 And the withdrawals in cash totaling many times their annual salary. 104 00:09:14,860 --> 00:09:17,860 And believe me, I could bring down the U.S. government. 105 00:09:17,860 --> 00:09:24,860 So, if you have been harassed by the CIA, for example, the CIA is interacting with a local government. 106 00:09:24,860 --> 00:09:27,860 But have you been, like, personally harassed? 107 00:09:27,860 --> 00:09:33,860 Do you have stories of getting kind of, like, calls or emails or contact or something from the U.S. government? 108 00:09:33,860 --> 00:09:35,860 I mean, I'm watched everywhere I go. 109 00:09:35,860 --> 00:09:38,860 I'm followed, and I have been for 15 years. 110 00:09:38,860 --> 00:09:40,860 Everywhere I go, someone's following me. 111 00:09:40,860 --> 00:09:42,860 My security sees them all the time. 112 00:09:42,860 --> 00:09:44,860 They alert me to them. 113 00:09:44,860 --> 00:09:46,860 This car is firing us. 114 00:09:46,860 --> 00:09:48,860 I said, well, get the license number. 115 00:09:48,860 --> 00:09:49,860 I'll have it checked out. 116 00:09:49,860 --> 00:09:54,860 And it's always owned by some obscure element of the U.S. government. 117 00:09:54,860 --> 00:09:55,860 I haven't released anything. 118 00:09:55,860 --> 00:10:01,860 However, if anything happens to me, absolutely, I've got dead man switches everywhere. 119 00:10:01,860 --> 00:10:17,860 Within a day of my disappearance or untimely death, there will be every newspaper in the world pouring through more documents that they could have 100 people pour through in 100 years. 120 00:10:17,860 --> 00:10:20,860 So, no, it will be chaos. 121 00:10:20,860 --> 00:10:28,860 But right now, I just want to be able to live happily, try to make a better world for my children and grandchildren, and fish from time to time. 122 00:10:28,860 --> 00:10:35,860 You've openly spoken about promoting projects, and often on your Twitter you'll do a video about a particular company. 123 00:10:35,860 --> 00:10:41,860 And I'm wondering, can you talk a little bit about your vetting process for these companies and projects? 124 00:10:41,860 --> 00:10:54,860 Specifically because, as you know, our industry is kind of infamous for having a high rate of scams, or at least having companies that don't exactly deliver what they've promised. 125 00:10:54,860 --> 00:10:58,860 So, in that environment, given that environment, what's the process you go through? 126 00:10:58,860 --> 00:11:01,860 I would say 90% of what's happening in crypto is a scam. 127 00:11:01,860 --> 00:11:09,860 The problem with that is, since it is, trolls and others can point to anything and say that's a scam, and people will believe it. 128 00:11:09,860 --> 00:11:16,860 It's a very complex and subtle interchange of energies. 129 00:11:16,860 --> 00:11:18,860 But the first thing I do is, are you real? 130 00:11:18,860 --> 00:11:19,860 Are you people real? 131 00:11:19,860 --> 00:11:21,860 And have the people checked out? 132 00:11:21,860 --> 00:11:22,860 It's a very trivial thing. 133 00:11:22,860 --> 00:11:23,860 Have you ever been in jail? 134 00:11:23,860 --> 00:11:29,860 Have you ever run out on another company and left people hanging and said so on and so forth? 135 00:11:29,860 --> 00:11:34,860 But before I even do that, it has to be a project which appeals to me. 136 00:11:34,860 --> 00:11:40,860 And sometimes my job is promotion, so of course I charge people for promotion. 137 00:11:40,860 --> 00:11:42,860 But sometimes I don't. 138 00:11:42,860 --> 00:11:47,860 Sometimes there are projects that really appeal to my heart. 139 00:11:47,860 --> 00:11:54,860 What needs to happen for people to use cryptocurrency on a mass scale, in your opinion? 140 00:11:54,860 --> 00:12:00,860 We have to have more friendly user interfaces. 141 00:12:00,860 --> 00:12:16,860 You're not going to get the average plumber and give him a mycelium wallet or any wallet and say this 150 digit number is an address that means something. 142 00:12:16,860 --> 00:12:20,860 You must copy it somehow or take a picture of this. 143 00:12:20,860 --> 00:12:22,860 No, please, God, that scares people. 144 00:12:22,860 --> 00:12:23,860 Okay. 145 00:12:23,860 --> 00:12:25,860 We need something that has a name. 146 00:12:25,860 --> 00:12:26,860 Frank Smith. 147 00:12:26,860 --> 00:12:27,860 Okay. 148 00:12:27,860 --> 00:12:31,860 I want to send Frank Smith 50 Bitcoins or five or a fifth or whatever. 149 00:12:31,860 --> 00:12:36,860 And something that provides a common interface rather than having to go to Binance. 150 00:12:36,860 --> 00:12:37,860 There's one interface and KuCoin. 151 00:12:37,860 --> 00:12:38,860 There's another interface. 152 00:12:38,860 --> 00:12:43,860 And suddenly, because no one exchange carries all the coins. 153 00:12:43,860 --> 00:12:47,860 So you have to jump around. 154 00:12:47,860 --> 00:12:50,860 And we need the same thing in Wallace. 155 00:12:50,860 --> 00:12:53,860 We need the same thing in every aspect of crypto. 156 00:12:53,860 --> 00:13:02,860 Can you give a timeline prediction for how many years you think that's going to take for when we'll see a little bit more of what you're describing? 157 00:13:02,860 --> 00:13:09,860 In five years, I think the majority of the people in the world will be using crypto for the majority of their purchases. 158 00:13:09,860 --> 00:13:24,860 I think in two years time, we're going to see a quadrupling of both the number of businesses that accept crypto and the number of people who are using it not to trade, but to actually buy and sell things. 159 00:13:24,860 --> 00:13:37,860 So as pointed out by crypto market analyst Matty Greenspan, there's currently about an 86% chance that Bitcoin will be worth less than 50,000 by 2020. 160 00:13:37,860 --> 00:13:41,860 Are you at all concerned about fulfilling your promise? 161 00:13:41,860 --> 00:13:49,860 The growth of Bitcoin, take the growth of Bitcoin, the number of users, the fact that it's going to be three times as large by the end of 2020. 162 00:13:49,860 --> 00:13:53,860 If it's not worth a million dollars, then something's wrong with math. 163 00:13:53,860 --> 00:13:55,860 I can't lose this bet. 164 00:13:55,860 --> 00:13:58,860 Not possible mathematically. 165 00:13:58,860 --> 00:14:03,860 The market, understand, the market is an artificial thing right now. 166 00:14:03,860 --> 00:14:08,860 As Bitcoin gets more and more utility, it will be less artificial and more real. 167 00:14:08,860 --> 00:14:11,860 And it's getting that way right now. 168 00:14:11,860 --> 00:14:15,860 So those that go, no, that's impossible. 169 00:14:15,860 --> 00:14:17,860 Please go back to school. 170 00:14:17,860 --> 00:14:18,860 Cointelegraph. 171 00:14:18,860 --> 00:14:20,860 Like, subscribe and hodl.