The majority of the cryptocurrency market has seen a stagnant price movement, with coins like Bitcoin [BTC], Ethereum [ETH] and Bitcoin Cash [BCH] all unable to rise under the pressure of the bear. Despite the market slump, BCH has continued to announce developments and updates that are aimed to put Bitcoin Cash at the forefront of mass adoption map.
Bitcoin Cash was in the news recently when it was revealed that Tendo Pien, a developer, launched a new high-level smart contract language called Speedn to be integrated within the BCH blockchain. The BCH network is generally known to be averse of smart contracts and Speedn aims to bridge that gap.
Roger Ver, the CEO of Bitcoin.com and one of the biggest propagators of Bitcoin Cash, spoke about the upcoming updates and new adopters of Bitcoin Cash. He touched upon the news of Key Motors, a major car dealership in Australia, accepting Bitcoin Cash as a form of payment. Reports from the dealership have also stated that BCH will be the only cryptocurrency that will be accepted along with mainstream fiat currency. Ver stated:
“Huge shout out to Key Motors. I think this is just part of the process of the east coast of Australia blowing up with Bitcoin Cash [BCH].”
The Chief Executive Officer of Bitcoin.com also opined on Elon Musk’s recent tweet related to Bitcoin. He stated that “Musk is a pretty smart guy” and that if he ever wants any help related to cryptocurrencies, Ver would be happy to provide it. He also added:
“ I know Musk is into cryptocurrencies and I hope he knows that Bitcoin Cash is the real Bitcoin.”
Bitcoin Cash was also given a boost when a Danish restaurant website, hungry.dk, informed users that over 1,400 restaurants will start accepting Bitcoin Cash as a form of payment.
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