Internet legend Kim Dotcom has commented on the recent Crypto crash and it’s clear that he’s not worried, in fact he has made the statement that “Everybody will use crypto” in the future on Twitter:
K.im and Bitcache will introduce crypto to hundreds of millions of new users. Don't worry about #Bitcoin price. Everybody will use crypto 👍🏻
20:43 - 14 Sep 2017
Kim’s latest venture bitcache is hoping to earn more money for Youtubers using Cryptocurrency, linking file transfers to Bitcoin microtransfers Bitcache is set to revolutionise how we do things online:
Most people will know of Kim Dotcom from his upload storage site, Megaupload. The site was closed down back in 2015 due to mass copyright infringement. Kim has always denied any wrong doing and the case against him by the US Government has been a controversial one.
However, a little thing like being wanted by the US Government has not stopped Kim from continuing his work – Megaupload 2.0 release is imminent and this time its powered by the blockchain. Details are still slim on Kim’s new project, but judging on what we do know all existing media storage and streaming platforms will have a run for their money while potentially filling the pockets of the content providers.
We’ll keep you posted on any further developments on this project as they come in.
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Disclaimer: Statements contained within this post do not represent the views or policies of anyone other than the writer. The information contained within this article is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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