Is This the Beginning of Decentralized Politics?
British-American businessman and computer programmer John McAfee is an interesting character in the cryptocurrency space. Initially known for founding McAfee antivirus, he is now known for his wild lifestyle, 2020 Presidential Campaign and evading the US government.
Despite having a relatively full plate, McAfee also remains active in the cryptocurrency space. Recently he unveiled a few projects that he has developed. This includes the Epstein-related "whacked" token and McAfee DEX. Earlier today McAfee released his latest innovation in the cryptocurrency space, a project called BuyCongressmen.
The blockchain has been seen as a solution to many problems beyond the transfer of value. Some have used it to improve supply chains and logistics, as a proof of ownership, and has been theorized to improve transparency in elections. It seems that McAfee has launched his new project to check the popularity of congress members on the blockchain.
No-one in Congress would co-operate with us.â John McAfee (@officialmcafee) January 5, 2020
Lawsuits were threatened if we proceeded.
The OLC Counsel threatened criminal charges if we also included POTUS candidates - "Manipulating elections".
Hadn't considered it til then.
But in May we will add them:)
Get used to it! pic.twitter.com/Pw0yVOGkf8
Essentially McAfee's platform will tokenize all 535 members of congress and allow them to trade openly on McAfee DEX.
McAfee later elaborated on how the system works: "The tokens are trackable, beginning with one per registered voter per politician. Politician supporters are motivated to keep the value if their "Man" high. Watch as tokens are purchased - beginning with small batches then.. Power accumulates through money. Now with names.
Every token comes with one vote. Tokens may be purchased and sold. The vote remains with the original owner of the token. Forever."
This could be McAfee's most interesting and ambitious cryptocurrency project to date. Hypothetically it could help gauge the popularity of political candidates in Congress. Additionally, a competition was announced for a whopping 1,000 DAI ($1000) to guess the price of Bernie Sanders & Nancy Pelosi's tokens in 1 month.
These tokens could give cryptocurrency traders a reason to give McAfee DEX a try as they're only available there now.
Written by Jonathan Ganor
Writer & cryptocurrency aficionado