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.
He 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.
How will Covid-19 affect the economy, and specifically…— John McAfee (@officialmcafee) March 30, 2020
The Quarantine will play havoc with the global economy and Fiat currencies will approach hyperinflation.
Crypto will be a safe haven – particularly Privacy coins like Monero, Safex, Apollo, etc.