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Bitcoin Cash [BCH] will be accepted by 70% of the merchants in Cyprus, says Roger Ver

Simran Alphonso

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Bitcoin Cash [BCH] will be accepted by 70% of the merchants in Cyprus, says Roger Ver
Source: Pixabay

On 27th July, Roger Ver, the Co-Founder of Bitcoin Cash released a video on Bitcoin.com’s YouTube channel. He discussed the Lightning Network and the acceptance of BCH in Cyprus.

A supporter of BCH from Cyprus said Roger Ver, “By November we are going to have 4,000 merchants, self-supporting Bitcoin Cash payments because they understand that Bitcoin cash is the real Bitcoin”.

The fellow supporter further exclaimed that BCH is super fast. It is cheaper and does not have the problems that Bitcoin [BTC] does.

The Co-Founder further stated that this indicates that about 70% of all shops in Cyprus are going to accept Bitcoin Cash. When asked whether the merchants would be accepting Bitcoin Core for payments, the Cyprus resident said, “no, it has no value anymore I mean the way it was in previous years”.

According to Ver, Bitcoin Core is not useful for payments anymore and that the Lightning Network is not even remotely ready for using business application. He further said that BTC is not even close to the Bitcoin that was described in the whitepaper of Bitcoin.

In early 2018, a new Bitcoin Cash community center was introduced in Cyprus to help local users, developers, and investors for use cases of BCH.

Roger Ver in the video also answered a few questions raised by crypto-enthusiasts on social media.

Bennie Van Rensburg asked:



“How can BCH be used as cryptocurrency or any coin for that matter with the extreme volatility? I don’t understand.”

Roger Ver agreed to Bennie and said that the volatility is a really big hurdle to overcome, for people to use it but it has so many other “fantastic characteristics” to explain. He explained that these characteristics include the ability to send these cryptocurrencies to anyone anywhere in the world, basically for free with no sign up required, no banks involved and no permission needed from the government. Due to these reasons, people are willing to go through the volatility as the other characteristics are useful, states Ver.

Furthermore, he introduced the new BCH developer series hosted by Bitcoin.com which has its own inbuilt developers suite.





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Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
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Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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