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Kim Dotcom Calls Out ‘Crypto Virgins’ for Digital Takeover to End the Era of Banking

October 08, 2018

After a boost from Twitter, Kim Dotcom is promising to vanquish the banking industry and replace it with a crypto-powered platform that will transform business for millions of users.

The internet mogul who founded Megaupload conducted a poll on October 4 to see how many of the 17,191 respondents wanted him to end the banking era. A whopping 84% weighed in with a “yes” vote.

Want me to end the banking era?

— Kim Dotcom (@KimDotcom) October 4, 2018

In the aftermath of the results, Dotcom has been tweeting about K.im, his new platform. According to Dotcom, anyone will be able to sell anything to anyone inside their K.im file shop.

“You can even run an eBay style auction in your file shop. No online shop, auction site, credit card processing or banking required. All inside a single file.”

Dotcom says that K.im is the result of three years of hard work to eliminate banks and middlemen, and empower people, especially the “crypto virgins” who know nothing about cryptocurrencies.

https://t.co/UGWsYPBEGp is gonna make waves ?

3 years of hard work and sleepless nights with the knowledge that this is going to be a game changer. Can’t wait to see this turn into my biggest disruption yet. 100 million users in year one. All of them will start using crypto ?

— Kim Dotcom (@KimDotcom) October 7, 2018

Dotcom says this segment, which represents 98% of the internet, is what his new platform can unleash, sending crypto into the mainstream.

Imagine an online shop with integrated payment processing in a single file. Payment unlocks the contents of the encrypted file. Crypto flows directly from the customer to you. Instant payment and delivery. Create file shops on your PC or mobile. That’s https://t.co/UGWsYPBEGp

— Kim Dotcom (@KimDotcom) October 7, 2018

As Dotcom develops his new platform, he faces an ongoing legal battle over the alleged infringement of copyright laws stemming from the file sharing activities on Megaupload, which was founded in 2005 and shut down by the US Justice Department in 2012. At its height, Megaupload was reportedly hosting 12 billion unique files for over 150 million users with several sister sites.

Despite his legal woes, back in July 2016 Dotcom gave a glimpse of how he envisions his future.

I'll be the first tech billionaire who got indicted, lost everything and created another billion $ tech company while on bail. #goals

— Kim Dotcom (@KimDotcom) July 10, 2016

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