The cryptosphere is abuzz with news about the industry as popular analysts and personalities are predicting a rising usage of cryptocurrencies in 2019. The latest proponent to talk about the current cryptocurrency scenario is Roger Ver, the Chief Executive Officer of Bitcoin.com.
In a recent video by Naomi Brockwell, a YouTuber, Ver talked about the community attacking the ABC camp and the future of Bitcoin Cash [BCH] and its rival Bitcoin SV [BSV]. The CEO stated that there were a lot of people in the industry that had different priorities and wanted to see cryptocurrencies imbibe other characteristics. Ver was confident in stating that there was a targeted attack against Bitcoin Cash and a majority of the perpetrators were from BTC supporters.
The discussion then veered into the variety of ways Bitcoin Cash was implemented by different people, even quoting the example of the handcash.io address that was used to feed a group of chickens. The project had garnered so much popularity that even Brian Armstrong, the Founder and CEO of Coinbase pitched in. Roger Ver also added that Bitcoin Cash wants to implement a new way to make sure money can be used easily.
The Bitcoin.com official stated that the cryptocurrency industry needs a mix of better technology that lessens friction and creates more awareness. In his words:
“We need a form of currency that does not charge anyone $50 after every transaction. The idea of economic freedom is something that we all look out for and that is exactly what Bitcoin Cash is trying to do.”
The Bitcoin Cash proponent touched upon Bitcoin SV and how the SV camp has only one entity mining which according to him is pointless. Roger Ver said:
“We build financial tools that enables people to transfer and receive any amount of money from across the planet. There is nothing that anyone can do to stop us.”
Ver was also in the news recently when he directly attacked the Charlie Lee founded Litecoin [LTC] and called it pointless. He had also said:
“Everyone should know that there is no threat on the Bitcoin Cash network now. With OKEx relisting Bitcoin Cash with the ticker symbol BCH, people in the crypto space should realize that Bitcoin Cash is one of the few currencies that will bring financial freedom to everyone.”
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Bitcoin Cash would be a perfect global coin for daily spending, claims Chainblock’s Federico Pecoraro
Federico Pecoraro, CEO of Italy-based crypto-company, Chainblock, made waves in the cryptospace after he suggested that Italians were shifting to cryptocurrencies owing to the country’s growing economic problems. The 2008 financial crisis hit the Italian economy badly, largely due to the huge public debt accumulated after years of excessive public spending.
According to Federico Pecoraro, the state of affairs offers an opportunity for many people and businesses to benefit from using decentralized money. In what is the most newsworthy bit of his take, he said that Bitcoin Cash (BCH) could be the cryptocurrency that would fit perfectly as a real global coin for daily spending, despite the fact that Bitcoin (BTC) is more likely to emerge as a better store-of-value. He added,
“We’re proud to support it on our products. Indeed, our clients have the opportunity to buy BCH through any of our services.”
Pecoraro also spoke about how Chainblock used the crypto-winter to develop new products and expand its customer base. He revealed that by the end of 2018, Chainblock recorded a 156% increase in transactions and a 144% increase in new users. Federico Pecoraro told Bitcoin.com,
“We love small businesses that want to accept crypto payments but we want to enable as many merchants as we can with a strategic market approach. Our goal is to provide affordable and scalable solutions for both big and small shops and spread real cryptocurrency mass adoption. We plan to enable 5,000 merchants to accept Bitcoin payments.”
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