John McAfee, the US 2020 presidential hopeful and a diehard cryptocurrency pundit, launched the beta version of his self-owned cryptocurrency exchange, Mcafeedex.com, about 24 hours ago. The exchange promises “no listing fees” and some other favorable features bordering around decentralization.

However, due to his soured relationship with the US government over the year, McAfee recently weighed up the possibility of the US Securities and Exchange Commission (SEC) going after and shutting down his newly launched decentralized exchange.

John McAfee Launches Self-Owned Crypto Exchange

About 24 hours ago, McAfee related the functionalities of the newly launched McAfeedex.com in a series of tweets. On October 4, 2019, the supposed crypto whale previewed the key features of the exchange – there he said it “…requires no name, no documents, no email, no bank info…”

He further assured that the transaction details will be made totally private and decentralized, adding that “…nothing monitored. Nothing recorded. No restrictions. No listing fees. 0.25% transaction fees. Completely decentralized.”

John McAfee Plays Down SEC’s Possible Threat on His Exchange

Obviously, John McAfee’s moves and activities have been targeted by United States government lately. The recent days of his life have been spent in the quest of escaping arrest due to several allegations bothering on tax invasion, which he has so far disclaimed.

McAfee had constantly claimed he’s been targeted for being truthful and his criticism of the present government which he aspires to take over from.

The Beta version of the decentralized cryptocurrency exchange has already been launched. So if he had bothered about the threat of the SEC, he wouldn’t have launched it in the first place. But to give his followers the assurance that his mission can’t be jeopardized by SEC, he shared a tweet for better clarification.

In the tweet, McAfee was optimistic that SEC will move to shut down Mcafeedex.com, but the technology that controls the system will make it an impossible mission.

The SEC will come down hard on me for my Wild Wild West exchange in the Crypto World, but there is nothing to shut down. Our technology is the the smart contracts forever residing on the blockchain. https://t.co/HdSEYi9krq is just a window into it. And open source. So f*ck them! — John McAfee (@officialmcafee) October 8, 2019

$1 million Bitcoin Price Still Possible?

John McAfee has been a stern supporter of cryptocurrency and its use cases over the years. His exorbitant prediction of $1 million price for Bitcoin (BTC) by 2020 is still a trending subject of debate in the cryptocurrency space. Despite criticisms and the time frame left, McAfee remains resolute that his forecast for BTC is still very much in play.

So, the fact that he proposed and made the self-owned cryptocurrency exchange happen eventually does not sound strange due to his consistency in the crypto sphere and his passion to enhance the mainstream adoption of the use cases of digital currencies.