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IRS Fugitive John McAfee Wants You to Stop Sending Him Bitcoin

IRS Fugitive John McAfee Wants You to Stop Sending Him Bitcoin

John McAfee,was publicly experimenting with a bitcoin wallet. Then, the internet happened. | Source: AP Photo/Alan Diaz

By The crazy world of John McAfee has become just a little bit stranger, with the one-time cryptocurrency promoter and all-round interesting guy issuing a plea to his Twitter followers to stop sending bitcoin to his wallet.

Tweeting yesterday, McAfee posted the front and back photos of a bitcoin credit card that he allegedly used to buy a drink at a bar. Speaking with his tongue clearly in his cheek, he challenged any doubting Thomases to send bitcoin to the test wallet address on the back of the card, perhaps forgetting the type of audience he was talking to.

People asked to see the back of the card. Here’s front and back on the counter at the first bar ever to accept a Bitcoin credit card. The code on the back is for one of my test wallets. If you want to send me Bitcoins as a test please do so:)

— John McAfee (@officialmcafee) May 6, 2019

Crypto Audiences Are Different, John

Normally, the thought of sending even minuscule amounts of money to strangers on the internet for the most frivolous reasons does not generally sit well with most people. If McAfee were to have made a similarly jokey remark with a request for PayPal dollar transfers for example, there is every possibility that no one would have humored him. As everyone familiar with the world of crypto knows however, things work a bit differently around here.

Almost inevitably, within three hours of the initial tweet, McAfee had to tweet a follow-up message pleading with this followers to stop sending bitcoin to the address, lest he get into further trouble with the SEC.

When I suggested in my last tweet that naysayers saying the scan code on the back of my Bitcoin Visa card was not even real, should just try sending Bitcoins and see — sure as heck, the BTC started arriving. I insist this stop. Already the IRS hates me.

— John McAfee (@officialmcafee) May 6, 2019

By the time he sent out the plea, he had already received 0.001851 BTC, or about $10.55, which is hardly enough to get the regulator’s attention. As someone who has been extensively investigated and monitored by the SEC over his somewhat shady ICO promotion activities, however , McAfee no doubt understands that even the slightest misstep can result in criminal charges and potential prison time, hence his somewhat hilarious panic at the bitcoin receipts.

John McAfee has publicly admitted to not filing a tax return in 8 years.

I have not filed a tax return for 8 years. Why? 1: taxation is illegal. 2: I paid tens of millions already and received Jack Shit in services. 3. I’m done making money. I live off of cash from McAfee Inc. My net income is negative. But i am a prime target for the IRS. Here I am.

— John McAfee (@officialmcafee) January 3, 2019

Crypto Still Needs Mcafee

While there is a school of thought that believes that crypto would be better poised for effective regulation and large scale adoption without the whiff of scandal surrounding characters like John McAfee, the response to his tweet shows that he still enjoys a significant following, and he could yet play a part in helping the mainstreaming of crypto. When he is not issuing bombastic bitcoin price predictions or announcing plans to run for U.S. president in 2020 from international waters, McAfee is actually still a relative old head who commands a measure of respect in addition to a large social media following.

In the meantime, maybe he should stop putting out challenges like this to the crypto community. We still need you John!

About The Author

David Hundeyin

I am a busy writer, journalist and entrepreneur with an interest in tech and finance. When I’m not contributing to CCN and traveling around Africa, you can catch me in the writers room at ‘The Other News’, Nigeria’s weekly answer to ‘The Daily Show’ with nearly 2 million viewers.My work on ‘The Other News’ was featured in the New Yorker Magazine, and that was then cited in the Washington Post so I’m not sure that counts as a feature but I’ll definitely mention it too!I have been nominated by the US State Department to take part in the 2019 Edward R. Murrow Program for journalists under the International Visitors Leadership Program.I also like hamsters.

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