MGT Capital Investments Inc. CEO John McAfee. John McAfee In an interview with Business Insider on Friday, recently named MGT Capital Investments CEO John McAfee said that his new company was going to be a "world powerhouse of cybersecurity" and that his "past record should speak for itself."

McAfee said investors should look past the fact that his company had generated no revenue so far this year.

McAfee says his company is a startup and will generate "substantial revenues" next year.

He points to one of MGT's recent acquisitions, Demonsaw, which is the creation of Eric Anderson, better known as Eijah in the hacking community. Anderson is the artificial intelligence programmer behind Rockstar Games' "Grand Theft Auto V."

"If you download it [Demonsaw] and look at it, you will see the next iteration of the internet," McAfee said.

"It is not simply a file-sharing, or messaging, or emailing, or communication app. It is the architecture that should have been the internet. A distributed non-peer-to-peer system that will make the cloud completely obsolete."

McAfee specifically took aim at Dropbox, the cloud-storage and file-syncing company that most recently raised cash at a valuation of $10 billion in January 2014 and is said to be considering an initial public offering in 2017.

"If I were the people at Dropbox and I had downloaded Demonsaw," McAfee said, "I would be selling my stock and getting into a different business because we will replace all of that."