Home Economy Bitcoin : Meanwhile, Roger Ver (again) criticizes Bitcoin Bitcoin : Meanwhile, Roger Ver (again) criticizes Bitcoin November 25, 2020 Roger Ver and Bitcoin (BTC): I love you neither
Roger Ver is among the most vocal figures of the Bitcoin Cash (BCH) community .He has already several times expressed his disdain for the cryptocurrency from which his hard fork is drawn … Even when it is soaring.Proof of this was made yesterday, by a tweet from Roger Ver rather… Salé: I would’ve continued to promote BTC if it hadn’t been intentionally crippled.Today any honest person would be embarrassed to promote something with as bad a user experience as #Bitcoin pic.twitter.com/D9jc3604zc
– Roger Ver (@rogerkver) November 24, 2020
Roger Ver is ironic about the confirmation times of the Bitcoin network (BTC), and its high fees.He explains :
“I would have continued to promote BTC if he hadn’t been intentionally crippled .
Today, any honest person should be embarrassed to promote something that presents such a bad user experience.“ Follow the guide: How to buy Bitcoin (BTC)? Bitcoin, more than a currency?
If Roger Ver’s grumbles can make you smile in the middle of a Bitcoin bull run, they’re still revealing.While the BTC approaching $ 20,000 again , and that several analysts evoke the possibility of an increase to 300,000 dollars, the question of the purpose of Bitcoin is still being asked.
The world’s leading cryptocurrency is now widely seen as an investment asset , and it is regularly compared to gold.
This summer, we learned that 61% of bitcoins in circulation had not been touched for at least a year.Instead of buying pizza or coffee, users tend to use the asset as a store of value.
Faced with this, Bitcoin Cash (BCH) wish to be a useful currency e at least according to Roger Ver.But is this really the case? Its payment network can handle more transactions, thanks in particular to a much larger block size (32 Mb against 1Mb for Bitcoin).But in reality, these possible performances will not count.that if Bitcoin Cash is massively adopted , which is not the case for the moment.
Read our presentation of Bitcoin Cash (BCH) Discover BCH on Binance » The hard fork rather positive for Bitcoin Cash (BCH)
There is always that Bitcoin Cash price also took advantage of the current bull run.After ousting its rival Bitcoin Cash ABC (BCHA), BCH is among the biggest hikes over a week, with + 44 % : Source: TradingView, BCH / USDT
Over the year, assets grew by + 69% .This silences fears of a fall in prices following the hard fork that the altcoin experienced.No offense to Roger Ver, for the moment it is speculation that reigns.
Also read: Bitcoin Cash and Litecoin go public thanks to Grayscale
Image source: CoinDesk via Flickr (CC BY-NC-ND 2.0)
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About the Author : Marine Debelloir Intrigued by Bitcoin for several years, I developed a passion for crypto-currencies and the innovative technologies that result from them.
I like to unearth the most delicious information to share it with you and help democratize this fascinating universe.But I don’t stop there! I also like to analyze projects related to cryptos and blockchains, which fascinate me just as much.All articles by Marine Debelloir.Related Posts.
