Crypto-enthusiast John McAfee will issue his own currency

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The founder of MGT Capital Investments and the creator of the McAfee Security anti-virus John McAfee announced his intention to release his own “fiat” currency, the value of which, he said, will be provided by crypto-currencies.

The crypto-enthusiast named his project McAfee Redemption Unit (MRU). On banknotes with denominations of 1, 5, 100 hundred and 500 hundred MRU, he has represented himself, at 10 MRU – one of the founders of the Bitmain mining equipment company Cihan Vu, and at 20 MRU – American businessman Brock Pierce, and you can recognize the guy on 50 MRU banknote.

“Printed on currency paper, collectible, on both sides there will be holograms on it, as well as a series and certain links to the blockchain. It will be redeemable and convertible.”

The currency issue is scheduled for June 24.

Let’s note, John McAfee is one of the active supporters of the cryptocurrencies, known for the loud statements. He earns not less than $105 thousand for each advertising tweet about crypto-currency projects.