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Bitcoin is certainly not a Fraud

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John McAfee said: Bitcoin is Certainly Not a Fraud

“ Jamie Diamon FB_IMG_1503389559788.jpgcalled Bitcoin a fraud,” John McAfee explained on the CNBC broadcast. “I’m a bitcoin miner. We create bitcoins. It costs over $1,000 per coin to create a bitcoin. What does it cost to create a U.S. dollar? Which one is the fraud? Because it costs whatever the paper costs, but it costs me and other miners over $1,000 per coin. It’s called proof of work.”

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Bitcoin is certainly not a Fraud | Ecency