John McAfee Predicts Hyperinflation, Names Coins That Will Act as Safe Haven During COVID-19 Crisis  

Erald Avdolli

Predictions 4 years ago
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John McAfee thinks that privacy coins could protect investors from the looming hyperinflation of fiat currencies


Crypto baron John McAfee is convinced that Monero and lesser-known privacy coins in the likes of Safex and Apollo could be a perfect choice for investors who are seeking safe haven during the looming financial crisis.

Prepare for hyperinflation
McAfee, who routinely downplays the threat posed by the novel coronavirus, believes that the ongoing quarantine will 'wreak havoc' with the global economy. Particularly, government-issued currencies could reach hyperinflation, which has already happened to such failed states like Zimbabwe and Venezuela.

As reported by U.Today, central banks around the globe recently embarked on egregious monetary policies. The U.S. Federal Reserve recently announced an unlimited quantitative easing.

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