John McAfee Set to Launch His Own Cryptocurrency
By Luke Flowers – Cryptocurrency Enthusiast
Renowned British-American computer programmer and businessman, John McAfee, who founded the security software company McAfee Associates, is ready to launch his own cryptocurrency. Eponymously titled the McAfee Freedom Coin, any user will be able to buy cryptocurrency on this chain.
According to its official website, the coin unlike other fiat currencies isn’t subject to relative price-setting mechanisms.
McAfee has stated on his site that the freedom coin has been constructed to tackle the problem of an exchange. The coin does not base its value on any commodity, entity or external item. McAfee has said the coin will always be zero in relation to any other currency, however it is its own market value that is free to grow. Though you wouldn’t buy crypto that has a zero value in relation to currency.
By getting rid of the Freedom Coin’s exchange value, McAfee wishes to bring a first-of-a-kind cryptocurrency that is known only for its purchasing power. He believes this hasn’t occurred yet as you can’t widely sell and buy cryptocurrency for goods or services. This requires a user exchange Bitcoin to GBP or a currency that is accepted to make the purchase.
Although the existing cryptocurrency isn’t new, McAfee has elaborated that a new approach to understanding its evolution and the benefits that can be brought to business operations and economic freedom, can be exploited and increase the need for buying and selling Bitcoin and other cryptocurrencies.
You can buy and sell Bitcoin UK for your economic freedom from your trusted Bitcoin broker, so make sure you delve deeper!
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards