One of the most popular and significant luminaries of the cryptocurrency field, Roger Ver, the CEO of Bitcoin.com, and an avid Bitcoin Cash [BCH] supporter, recently talked about new technologies integrated with BCH, in a recent video from Bitcoin.com.
The CEO talked about Memo Cash, an application that lets users bypass censorship on Twitter. It was also revealed that the company released an Android app with an iOS application to be released soon. In his words,
“The application also has a faucet that provides users with a few BCH to get started. This is also good news for users who have been complaining about censorship on social media handles, the blockchain service social media age is here.”
Ver also discussed LocalBitcoin adding Bitcoin Cash to 140 Canadian ATMs. LocalBitcoin is the same portal that spoke about the fall in Bitcoin transaction volumes in Venezuela and its neighboring countries.
The BCH proponent opined that the move will benefit Canadians, especially with the fall of QuadrigaCX. The latest reports from QuadrigaCX suggest that its late CEO facilitated withdrawals using personal funds, back in 2018. The late CEO’s wife Jennifer Robertson had said,
“I believe Gerry had the best interests of the business in mind and cared for his customers.”
Roger Ver was an active participant in the cryptosphere and had made several comments supporting BCH and undermining Bitcoin in the past. Recently, he had tweeted,
“Altcoins became BTC’s layer two solution.”
He even echoed the statements made by Gabriel Cardona, the Director of Developer Services and Head of R&D at BCH, who had called the second layer of Bitcoin an “absolutely horrible user experience.”
Not all Bitcoin supporters took Ver’s tweet lightly, with francispouliot, a Twitter user, saying,
“Literally not layers of the object but distinct objects from said object. With all the random non-sensical quotes you post, I wouldn’t be surprised if one day you tweeted out a valid one.”
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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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