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December 5, 2022
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McAfee regains control of the Ghost cryptocurrency

John McAfee announced that he has regained control of the development of the cryptocurrency project Ghost.

In fact, on his official Twitter profile, he said:

“I went back to controlling the development of GHOST.

My rivalry with the administration is over.

With the announcement that we will soon launch a private stablecoin, we will mark a new era in crypto business transactions.

Transaction fees will be shared between all GHOST holders ”.

In August, McAfee announced that he had abandoned the project due to disagreements with management.

The real reasons were never clarified and, given the recent feedback, it is possible that it was just conflicting views about the future of the project itself.

Now it seems that the two different views have found a kind of convergence, allowing McAfee to return to Ghost development.

The curious thing, however, is that until today it was not known that the project intended to launch a stablecoin.

What was known, in fact, was that Ghost was born as a fork of PIVX, a cryptocurrency with a very volatile value.

However, this news is not so surprising, because McAfee himself repeatedly described the project as an anonymous cryptocurrency to be used as a form of payment, rather than as a store of value.

It is worth mentioning that in July the same influencer expressed a strongly negative judgment about Bitcoin, but perhaps the reason was to make people forget his overly optimistic prediction about the price that BTC would have at the end of the year.

McAfee is still stuck

What is surprising is the fact that McAfee is still in prison in Spain, awaiting extradition to the United States.

His Twitter profile is managed by a team that continues to post every day, but it’s hard to understand how McAfee managed to find the Ghost management team in prison.

So it is fair to imagine that there may be something more behind this story, that is, that perhaps McAfee’s role within Ghost is not really crucial.

In fact, if the project can allow a person who is currently in prison among its prominent members, that person’s role in the development team is clearly marginal.

Source: cryptonomist

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