The Bitcoin Cash [BCH] hard fork has been creating waves in the cryptocurrency market with several proponents talking about the two new tokens: Bitcoin ABC which is now treated as Bitcoin Cash and Bitcoin SV.
During the Bitcoin Cash Meetup in Tokyo, Roger Ver, the Chief Executive Officer of Bitcoin.com, spoke about the network split as well as the effects of the hard fork on existing tokens. Ver started by saying that the BCH event was not really a fork but was an ‘upgrade’.
He stated that the BSV tokens are still present in the users’ Bitcoin.com wallet and admitted that he does not know how long it is going to exist. Ver said:
“ You needn’t worry because both the tokens are present in your Bitcoin.com wallet. I really don’t know how long SV is going to last, it may last for years to come or it may disappear after a couple of days.”
The Bitcoin.com official also informed users that Koinex, a popular cryptocurrency exchange, was crediting users with both BCH and BSV with the same addresses. A Kraken official, who was present at the meetup stated that the company is trying to work on the credits system.
Ver then talked about Craig Wright, the Chief Scientist at nCHain and one of the biggest proponents of Bitcoin SV. Roger said that the rumours spread around by Wright about people using ABC for illegal activities were false and completely unfounded. In his words:
“Craig may say a lot of things and then ask people to ban ABC. That’s like saying if I beat anyone with my shoes, then all shoes should be banned. We played out all the cards and the fork wasn’t even a close competition. Bitcoin Cash is still going strong while BSV is struggling to even get off the ground.”
To a question posed to Ver about the BSV camp attacking the ABC network, the CEO simply said that “they can try whatever they want but nothing is going to happen”. He also said that SV is filled with false promises and there is no product on their end that has the ABC team worried.
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Roger Ver’s Bitcoin.com plays the ‘Bitcoin Cash not Bitcoin Core’ card again after site revamp
Bitcoin Cash is living up to the statement “imitation is the best form of flattery,” after the recent revamp of the Bitcoin.com website. Its long been known that BCH and its proponents often lambast Bitcoin as deviating from the original message of Satoshi Nakamoto. Hence, the title of the one true “peer-to-peer electronic cash system” should be given to Bitcoin Cash, and not Bitcoin, they have claimed.
From Roger Ver to the twitter handle @bitcoin to the reportage of new.Bitcoin.com, the tactics have always been to underplay Bitcoin, while maintaining an obvious pro-BCH narrative. The same was pointed out by many in the cryptocurrency community, with some accusing the CEO of Bitcoin.com, Roger Ver, of intentionally misleading newbies into purchasing Bitcoin Cash, thinking it’s Bitcoin.
This purported claim of “Bitcoin Cash, not Bitcoin Core,” is in full display in the revamped version of the Bitcoin.com website. Peter McCormack, host of the WhatBitcoinDid podcast and ardent BTC proponent, detailed the narrative of Bitcoin.com. He pointed out the biased nature of the website while referring to BTC as,
“Bitcoin Core (BTC) no longer reflects the original vision of Bitcoin. Blocks remain small and full, making transaction expensive and slow. The lightning network scaling solution is still in development.”
Further, the website also explicitly stated that Bitcoin, which has amassed over $160 billion in market capitalization, is “now commonly called Bitcoin Core (BTC).” The only website apart from Bitcoin.com that refers to BTC as “Bitcoin Core,” is Coingeek, the Calvin Ayre-owned crypto news media outlet that tables an extremely pro-Bitcoin Satoshi’s Vision [BSV] narrative.
McCormack, citing the above data, suggested that Roger Ver’s website is ‘clearly trying to marginalize BTC.’
Upon further digging, it was revealed that this ‘marginalization’ was not just related to obvious misleading semantics, but mis-characterization of actual data as well. Bitcoin.com was presenting the price of Bitcoin as the price of Bitcoin Cash before the August 2017 hardfork, which gave birth to BCH.
As pointed out by 6102 [Bitcoin-Only], the “pre-fork” price of Bitcoin Cash, which only came into existence in August 2017 and thereby didn’t have a price before the same, was presented as the price of the king coin in order to misrepresent the longer existence of Bitcoin Cash, rather than a 20 month lifetime.
The tweet read,
— 6102 [Bitcoin-Only] (@6102bitcoin) June 17, 2019
Marketing aside, this stunt by Bitcoin Cash is the latest in its long line of attempts at riding the coattails of Bitcoin and trying to mislead gullible investors to put their funds into BCH, thinking it’s Bitcoin. A large part of this confusion campaign is down to the antics of Bitcoin.com.
John Carvalho, CCO at Bitrefill, who previously enraged Roger Ver by referring to Bitcoin Cash as “BCash,” responded to the above misappropriation attempt by stating,
— John Carvalho (@BitcoinErrorLog) June 18, 2019
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