Kim Dotcom Explains How Megaupload 2.0 Will Take Bitcoin To The Moon
This morning, on Twitter, Kim revealed more information about his upcoming Bitcoin-based Megaupload 2.0 release.
Bitcoin is coming off a rough week in the community and in the press, but you know what they say: “Thank God it’s Friday!”
Count me among the many who are looking for a much better story to stew over besides another Bitcoin theft, and Kim Dotcom comes to the rescue, just in time for the weekend.
This morning, on Twitter, Kim revealed much more about his upcoming Bitcoin-based Megaupload 2.0 release, so let’s see what’s coming for the New Year.
The launch date has been set
Today, Kim set a launch date for Megaupload 2.0 of January 20, 2017. It will come with many interesting little features like offering a white-label option, so you can tie into their hosting service while adding your own domain name for free.
Capture obscure files that aren’t on your server, but that you are linking to and want to add to your Megaupload account. For those who favor increased privacy, or even anonymity, Dotcom tweets that he has you covered.
#Megaupload 2.0 takes decentralization, anonymity & encryption to the next level. A nightmare for those who want to mass surveil & censor.— Kim Dotcom (@KimDotcom) August 5, 2016
That is great for the proletariat, but what is there for the Bitcoin lover in you? Dotcom says Megaupload additions can be linked to Bitcoin microtransactions. Think YouTube with Bitcoin as the payment modality.
If you upload files that are popular downloads, it sounds like you can earn some ‘digital gold.’ This should help Bitcoin prices more than triple after the first year, according to Kim Dotcom.
Bitcache, a potential Bitcoin wallet
Dotcom is coining a term within Megaupload 2.0 called Bitcache, a potential Bitcoin wallet for your Megaupload account.
He believes this Bitcache design is a new solution to Bitcoin’s current blockchain limitations. His tweet states that he is targeting 100,000,000 Bitcache wallets for the program.
Nobody will upload to any other cloud after Megaupload's Bitcache goes live.— Kim Dotcom (@KimDotcom) August 5, 2016
100 million Bitcache wallets.
Bitcoin = $2000+
Something to look forward to in 2017
So, to recap, a late January release of an anonymous cloud sharing, anti-surveillance video hosting, Bitcoin-caching online service that will serve the population of the Philippines (approximately 103M.)
Kim Dotcom is not afraid to dream big, and most didn’t have him getting this far. The Bitcoin community does have something innovative and positive to look forward to in 2017, so for that he deserves a note of gratitude.
Now, all he has to do is pull it off. Kim seems as confident as ever.
Buy Bitcoin while cheap.— Kim Dotcom (@KimDotcom) August 5, 2016
Like right now.