Kim Dotcom Predicts Bitcoin Will Top $2000 After "Bitcache" Goes Live

After teasing his followers last month that “Megaupload and Bitcoin had sex", Kim Dotcom finally revealed some more details about the baby he is expected to deliver. The infamous internet entrepreneur tweeted on Friday that every file transfer on his upcoming cloud storage service will be linked to a tiny Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term microtransaction under a new feature he calls "Bitcache."

Showing extreme confidence in his innovation, Dotcom claimed that it "will take Bitcoin mainstream", and that nobody will upload to any other cloud after Bitcache goes live at the launch of Megaupload 2.0 in January 2017. He even predicted that the service will reach 100 million Bitcache wallets thus propelling the price of Bitcoin to over $2000.

Dotcom further added that he is working on a limited share offer with online investment platform BankToTheFuture, Bitcache is already receiving funding and that he is looking for more cryptocurrency experts to help bring his plans to fruition.

Bitcoin = Freedom Bitcache = Mass Freedom

— Kim Dotcom (@KimDotcom) August 7, 2016

Bitcache raising serious cash this month. I need more coders. Crypto, database & data security experts. Send me your CV. Let's make history. — Kim Dotcom (@KimDotcom) August 6, 2016

#Megaupload 2.0 will be available 'white label'. You can use any domain, free of charge, for your cloud sharing needs. Bitcache enabled.

— Kim Dotcom (@KimDotcom) August 5, 2016

#Megaupload 2.0 will be available 'white label'. You can use any domain, free of charge, for your cloud sharing needs. Bitcache enabled. — Kim Dotcom (@KimDotcom) August 5, 2016

Buy Bitcoin while cheap. Like right now. Trust me.

— Kim Dotcom (@KimDotcom) August 5, 2016

Background

If you are not familiar with Kim Dotcom, Megaupload or his ordeal with the American authorities, here is a very short summary. Kim Schmitz was a famous teenage internet entrepreneur and hacker in the ’90s that, among other things, legally changed his last name to Dotcom and created the popular file Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term website Megaupload.

In 2012, the U.S Department of Justice seized the domain names and shut down Megaupload for allegedly enabling copyright infringement by some of its over 150 million users. Urged by the Americans, the New Zealand Police raided his former massive mansion and arrested Dotcom. Over $40 million of Megaupload funds were seized by the authorities and he is still fighting American extradition demands to this day.

As a result of the incident Dotcom became a vocal critic of the American approach to policing intellectual property rights online at the expense of individual freedom and privacy. He also started and funded the Internet Party in New Zealand to promote e-democracy, internet freedom and privacy.