Two valuable lessons the crypto industry can learn from McAfee’s demise
McAfee wasn’t the only one shilling cryptocurrencies and he won’t be the last
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He has been described as a crypto expert, a bandit, an outlaw, a maverick and a master shiller. And those are only the tip of the iceberg.
In this article we are going to focus on two of his qualities, his crypto expertise and his prowess in the business of shilling, or in common lingo pump and dump.
Whilst it was tempting to write an article about some of his colorful exploits this has been done brilliantly already. I don’t need to tell you what a full life he led. Having dug deeply into McAfee’s shenanigans, what struck me was that we can learn a very valuable lesson from his most recent activities, that of a crypto promoter.
Pump and Dump
Between December 2017 and October 2018 McAfee started buying cryptocurrencies and promoting them through his Twitter account where he was followed by…