John McAfee – The Entrepreneur, Philanthropist, and Prankster

There are many sides to John McAfee. The Silicon Valley multi-millionaire, Entrepreneur, Philanthropist, the party animal, prankster, the international fugitive, presidential candidate, cybersecurity guru and now considered a crypto expert where his advocacy for many ICO’s is largely sought after. 

Back in the 1970s and 80’s John McAfee developed a serious drug habit, including while he worked as a programmer at NASA. He even “dealt” drugs for a while but says he has not touched drugs for 35 years. Some would argue but to me, he just seems to be high on life.

John McAfee pioneered anti-virus software bearing his name that is still used by millions of computers today. John said he created the McAfee anti-virus software in less than two days and 4 million people were using it within a month. He made his fortune when he sold his security software company. Over the years he spent millions on properties, fine arts, and vintage cars.

After the 2008 Global Financial Crisis, McAfee publically announced in 2009 that he lost most of his fortune. He did sell a Rodeo and a property in New Mexico but later said he was just “using” the media when he said he lost his fortune. He even staged auctions to try and fool the media. 

“I’ve had 200 lawsuits because my name is John McAfee. No, I did not lose everything. I wanted to stop people trying to sue me”, MacAfee said. “No, I did not lose my fortune! I’m not that stupid.” 

 

The Seachange

Later in 2009, McAfee took a Carribean seachange and bought a home in Ambergris Caye, a little island off the Belize mainland where he lived with his what some call a harem of ladies, an entourage of armed guards and a pack of guard dogs. He also bought a secluded property, deep in the jungle in Orange Walk where he was working on a plant-based antibiotic. 

John had no expertise in this area but being the entrepreneur that he is, it was a topic that interested him greatly so he built a laboratory, hired a microbiologist to help manufacture what he believed to be the next innovation in health care. Perhaps the next wonder drug. 

McAfee – The Philanthropist

McAfee was happy in the fact he was also helping the locals by feeding poor families and providing them with jobs. The philanthropic part of his nature. It was either generosity or self-interest that prompted McAfee to also donate masses of equipment to the Belize police. Equipment consisting of guns, tasers, handcuffs, pepper spray, batons, etc. He even built them a police station in the town of Orange Walk. McAfee said they would often drive by his house waving their weapons and saluting with gratitude. “It empowered them,” he said. 

 

 

But then, McAfee was starting to ruffle some feathers as he was employing thugs and ex-criminals for his security team. He appointed himself as a crimefighter to chase off the local drug dealers and had some success. But his troubles really began when he refused to pay a bribe to a senior politician. 

He claims that the politician was probably close to $2 million a year out of pocket he was getting from the drug trade before McAfee threw the drug dealers out of the area, so the politician’s way of thinking was that McAfee owed it to him. At that point, the politician went away, all went quiet and McAfee thought that was the end of that saga. 
 
A week later when McAfee thought all was going well and he was on the verge of something with the development of his antibiotics project when the politician along with the Belize government caused a raid on his lab in 2012 by the police department’s Gang Suppression Unit for suspicion of manufacturing methamphetamine in his lab at Orange Walk. McAfee’s lab was destroyed. He says the raid was retribution for his refusal to be extorted by the government. 

He also claims the Sinaloa Cartel runs the Belize government and they want him to shut up as he knows too much about the corruption there. No law enforcement agency would corroborate his claims. 

Notably, no methamphetamine was found at the lab and he was never charged. McAfee abandoned the jungle and moved back to his home in Ambergris Caye. 

Many people of the town were working at the lab or collecting flowers for processing antibiotics, so they knew it wasn’t a drug lab, but they had to have some legal reason to obtain the warrant so the authorities arrested him with weapons charges. They then released him after they held him for hours in handcuffs. They also shot his dog in front of his eyes. McAfee is still seething at the injustice.  

Paranoia Or Preparedness

John McAfee has since had a meager lifestyle seeking out safe havens in which he feels he has total control of his surroundings. Some say John McAfee is paranoid, but he says “it’s not about paranoia but about being prepared”. Although he is the first to admit that maybe he must be a little paranoid to be able to develop the security software. (Tongue in cheek)   

Since he started McAfee, his software company, he has carried weapons for protection. McAfee says “I have no fascination with guns, I have a fascination with survival.”

The Prankster

McAfee is a renowned prankster so he created this satirical video on how to uninstall the McAfee Anti-virus software. Throughout the video, he makes light his harem of 7 ladies that lived with him in Belize and of his affinity with weapons and drugs. The company that now owns the software that still bears his name called the video ludicrous and said it has no basis in reality. 

When asked in an interview why he makes these bizarre videos, his reply at that time to the media who he considered his most recent enemy was, 

“Why not? Because I’m 67 and bored is one reason. It’s a lot of fun, I get to hang out with scantily clad cute gals is the second reason, and the third reason is, I  get to say something that the world will actually listen to that you can’t edit”.

 

 

The running theme in McAfee’s life is the danger posed by “others.” This is possibly why he was able to not only diagnose computer viruses before anyone else but also prescribe an antidote being the McAfee anti-virus. 

John McAfee’s consistent and passionate warnings about cybersecurity need to be heeded…

“Our freedoms are being restricted," he said. "Our security is being eroded, and we have no more privacy. If we lose privacy, we lose civilization and we will certainly lose our humanity.”

McAfee is quite the enigma and he probably summed it up best when he was asked…: 
How would you define yourself? Are you a madman? Are you paranoid? Are you an entrepreneur? Who are you?

“All of the above," McAfee answered. "I mean, I’m a mad man to some people because, I don’t follow the normal rules, you know, the drummer that leads me is an odd drummer. But I follow the sound.”

He has been involved in a tremendous amount of nastiness during his life but beyond that McAfee is charming. He speaks with a tone that alternates between confidential and menacing. He’s very polite and prone to physically taking people under his wing. He wraps his arm around them as he talks. He talks fast and when he talks about the things he cares about his voice cracks with passion. 
To be continued… 

 

 

 

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

 

David Ogden – Http://markethive.com/david-ogden

Complete Hybrid Automation Includes Video Channels, Conference Rooms and Augmented Reality

Markethive has been a vision of Founder and CEO, Thomas Prendergast, spanning more than 20 years of his Entrepreneurial existence offline and online. After much success in his previous companies, he saw what could be achieved for the betterment of all when the Blockchain and Cryptocurrency came on the scene. Although operational and experiencing rapid growth, Markethive has been in Beta for the past 4 years perfecting the system. Now his vision is fast becoming a reality with Launch imminent in just months.

Over the course of writing articles about Markethive and dissecting their products and services to give a better understanding of what this platform and system are all about and how it can benefit you, there are more facets of Markethive below, making it more unique and the next generation in Social/Market Media. 

Video Channel

Markethive’s video channel is a hybrid system. Similar in function to Youtube and Hangouts, but will also auto-upload your video to your other video channel accounts like our Roku channel, Youtube, Vimeo, and Facebook.

Channels allow you to create, curate and collate your own special thematic home for videos on Markethive. Create a Channel to give your viewers a destination to watch your videos, or set up a Channel to showcase videos from other Markethive members. Other people can subscribe to your channel, and the videos you add will show up in their news feed.

Image Sharing Platform

 Image sharing will be hosted on each member’s unique domains when we launch our exclusive CPanel option on our future TLD .hive. (Top-level domain -TLD). In essence, that means each member will have their own assigned domain with Hivesfeed.com  and will look like this… username.hivesfeed.com. 

The primary purpose of image sharing is for including images on your Newsfeed, blogs, capture pages, and your own WordPress sites. Image sharing will also have organizational directories and public to private authorization accessed for your Profile pages image directory.

Conference Rooms

Markethve’s conference rooms operate via the peer to peer via the blockchain, secure and private. Run with an avatar engine, accessed via an API so the room is branded according to you, includes whiteboards, desk sharing, and auto-schedule into your widgets and Google calendar.

The Google Calendar has been integrated into the Markethive Calendar for both time-management and scheduling Markethive events, webinars, and leads all auto-publish to your Google calendar in many of the services in the Markethive environment.

Markethive Enters The Race

I love this video with CEO Thomas Prendergast and CTO Douglas yates, not only explaining their backgrounds, the most important fundamentals of Markethive and what it stands for but also showcasing the incredible augmented reality of the three individuals talking. Fascinating… 

Copyright Directive

With recent legislation enacted in March 2019, namely Article 11 (link tax) and Article 13 This law is designed to stop users from uploading copyrighted content by forcing platforms to build massive filters or face huge lawsuits and fines.  Markethive simply gives you your own domain for all your content, videos and images to originate from. 
Solution
When you join Markethive you receive (for free) a CPanel control panel and WordPress system built into your assigned domain, a subdomain of hivesfeed.com AKA username.hivesfeed.com. This way you control all your content, without the worry or hassles of government overreach and anti-freedom regulations designed to stifle the start-ups and small entrepreneur.

Free System – Free Speech

All of this for free incorporated into a transparent blockchain system, the platform is completely decentralized delivering on our principles of privacy, transparency, and free speech.
We are not spying on you; shadow banning you; or terminating accounts, for any reason.

We Are All Entrepreneurs 

Reid Hoffman is quoted saying… 
“I believe every individual is now an entrepreneur, whether they recognize it or not”  

He goes on to say…
“The average job length these days is two to four years. (Gone are the days when people stayed in a job for 40 years.) So, that makes a person a Small Business. You are the entrepreneur of your own small business. How do you get to your next gig? How do you do your career progression? All these things now fall on the individual shoulders. And so, they’re essentially an entrepreneur.”

Summary

When you develop a proprietary suite of advanced, effective inbound marketing tools, News & PR sites and integrate the entire system into a LinkedIn, YouTube, FaceBook like social network and interface on the Blockchain, you have the world’s first entrepreneur business person’s social network. 

Then offer the entire system for free to the entire worldwide market of entrepreneurs. That includes small businesses, local businesses, regional businesses, global businesses, cottage industries, real estate agents, mortgage brokers, insurance agents, affiliate marketers, software innovators, musicians, churches, political platforms, political candidates, distributors, network marketers, innovators, and dreamers! Which one are you? 

 

 

 

 

David Ogden
Entrepreneur @Markethive, a global Market Network, and also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

David Ogden – Http://markethive.com/david-ogden

How Does Markethive Create Token Velocity? 

What Is The Difference Between A Token And Coin? 

Firstly, let’s set the stage to determine what the terms Coin and Token really mean. They are often used interchangeably however they are fundamentally different. A crypto coin such as Bitcoin, Ethereum and Markethive Coin have their own Blockchain, otherwise known as an Independent Distributed Ledger used for transactional purposes. Coins have the same characteristics as money. They are fungible, divisible, acceptable, portable and durable with a limited supply. 

Tokens are a representation of a particular asset or utility. It usually resides on top of another blockchain.  Generating a token does not require creating a blockchain from scratch. They are fundamentally made possible through a smart contract and are created to fund project development or start-up company as is the case with the  Markethive ILP. (Incentivized Loan Program)

To sum it up, coins are a method of payment, while tokens represent a company’s share or provide access to a product or service within the company. Coins are fundamentally currencies that are used for buying and selling things. You can buy a token with a coin, but you cannot buy a coin with a token. 

Coins operate independently while a token has a specific use in a project's ecosystem. 

 

How Important Is Coin Or Token Velocity?

What is Velocity? Velocity is the speed at which transactions take place and is a key aspect that affects the value of the coin in the future. Velocity is correlated to transactional volume so a level of currency movement is needed in a healthy economy. 

In attempting to describe token or coin velocity, there are a few different explanations that vary in their solution. It’s a whole new way of looking at value creation that requires a different level of abstraction as illustrated in this blog post.

Low velocity essentially means people are holding on to the coin which minimizes the velocity, in the hope the price increases. In actuality, if you hold all coins and nobody trades or utilizes it then the transactional volume collapses and so does the price of the coin simply because there is no demand. 

People may store it simply due to speculation of a price increase. More speculation drives the price up further, however, the process also works in reverse as people start to sell the coin. The more people sell, the further decrease in price. Fundamentally, because there is no need to hold the coin as the price is only linked to speculation.

Velocity that is too high can also be detrimental to the coin. There are currently many token economies being projected as purely a medium of exchange token. 

Let’s look at a hypothetical example. A decentralized Cab company creates a token to be used within its economy, so all passengers using their service need to acquire their token for payment. So the passenger converts Fiat or BTC to the company’s “Cabcoin” to pay the driver. The driver immediately converts it back into Fiat or BTC as no member wants to hold the coin because all other expenses are in fiat. After all, they have bills to pay. 

If the company grew as big as Uber, then the transactional volume would be very high and so would the velocity. Overall, the company may have $40 billion in value, but their Cabcoin would not accrue this value. 

 

Velocity – Not Too Hot, Not Too Cold – JUST RIGHT

Goldilocks Zone – Clearly the ideal velocity needs to be maintained within a range. Too low is damaging and so is too high.  There needs to be a balance between holding, circulating, and transacting to maintain a healthy ecosystem and sustainability to ensure the coin value. 

Token Economies are still very new technology so more research needs to be performed. Even the financial experts in the field of economics have conflicting analogies at present. They are calling it an economic tautology, however, it stands to reason we at Markethive are on the right track here. 

Not only is Markethive Coin a medium of exchange, but it also has great utility value in its products and services. It is a consumer coin so there is a need to hold it and consume it within the ecosystem of Markethive. 

 

Maintaining The “Just Right” Velocity

There are different scenarios that can be used to adjust velocity. These involve incentivizing members or coin users to hold at least some of their coins for an extended period of time and also use them within the ecosystem. If the consumer or utility benefit of the ecosystem doesn't go beyond the holding cost, then the system will struggle to achieve adoption. These include: 

Products and Services

As Markethive is a Social Network with much sought after products and services, the traction and membership are ever-increasing at an exponential rate, therefore, creating more demand, which in turn diminishes supply which leads to an increase in the coin price. 

Faucet/Micropayments

This gives all members an opportunity to accumulate their coins just by taking part in daily activities where they consistently earn MHV on the platform thus creating velocity. As the demand increases, the supply drops which in turn increases the price. 

Tipping is another way to keep the coin circulating within the ecosystem. 

Gamification is fun and creates incentives for members to accumulate and hold the coin.

Become a Store Of Value

When people see real value in a token or coin, they are more willing to hold on to excess tokens for longer rather than selling them. 

 

Become A Cryptocurrency

When people trust the stability of the coin compared to other alternatives they hold the currency so they can purchase goods and services with the coin within that ecosystem at any given time. If the users of the network are also providers of the network, they are not likely to sell their coin.

The Vault – Staking

The Vault will be designed and implemented prior to the wallet being added. Once the wallet is active, Markethive Ad Credits and MHV Coins can be purchased and transferred over into the Vault. So this is like an online banking system. It’s a savings account with interest paid on it. This is an ingenious way to ensure the long-term sustainability of the Markethive Ecosystem. That’s a whole other blog for a later time.

 Profit-Sharing – Loyalty Program

Markethive’s Incentivized Loan Program (ILP) is another perfect example and trumps the issue of an unbalanced velocity. In this case, you’re not buying a safe with a limited number of tokens, you’re buying a field full of oil wells. As the Markethive Coin (MHV) is already active on the blockchain and in exchanges, this makes it possible to purchase a percentage of an ILP with the Markethive Coin. 

An added advantage is the fact that we are a meritocracy and all Markethive members are able to take part in and own a portion of an ILP which means they share in the success and wealth of Markethive. 

You will be able to buy MHV from exchanges (open market) and transfer into Markethive to buy ILP before the wallet is launched. 

• 1 ILP will cost 1 million MHV
• ½ ILP will cost 600,000 MHV
• ¼ ILP will cost  350,000 MHV
• 1/10 ILP will cost 200,000 MHV
• 100thILP will cost 5,000 MHV

All the way to a 1000th ILP (to be advised) 

Once the wallet is launched you will then be able to sell your ILPs to the many who want them. As the velocity and the price of the coin increases the number of ILPs will reduce. They will diminish just as the airdrops and micropayments will reduce. 

There will always be a percentage of people “cashing out” their coin, however, given the nature, utility and consumer value of Markethive will ensure a healthy combination of transactional, and holding activity. 

Conclusion

After much research, I have discovered the velocity of tokens and coins to be a very complex topic, with very little data to draw analogies from. From what I understand and agree with is there has to be a Goldilocks Zone to maximize the complete economy of any given token or coin and its ability to capture and essentially hold its value.  

A token that is only a medium of exchange has a very strong chance of falling victim to price manipulation. Alternatively, Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price.
     
Coins or Tokens that are structured to capture a significant portion of the economic value generated by the network will reward both the investors who took on early-stage risk as well as the platform who can continue to fund development through the retention of now valuable tokens. 

There is a huge market looking for what Markethive does. You’re not just buying or earning to accumulate a coin, you’re buying an oil field. Markethive is an eternal economy that has more demand than supply, therefore, the demand will continue to outstrip the supply. The bottom line being the Markethive Consumer Coin (MHV) and Incentivized Loan Program or ILP Token (HFS) will only become increasingly more valuable. 

 

 

David Ogden
Entrepreneur One @Markethive, a global Market Network, and also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

 

 

 

David Ogden – Http://markethive.com/david-ogden