Roger Ver Believes Bitcoin (BTC) No More Works As Cash Whereas Bitcoin Cash (BCH) Does

Umme Haani
Umme Haani is a writer for Thecoinrepublic. she contributes a researched piece on cryptocurrencies and updates. Umme is an aspiring engineer who immensely enjoys writing and technical writing brings the best of both worlds under one roof for her.
  • Roger Keith Ver known as the ‘Bitcoin Jesus’ is an early Bitcoin investor. He now promotes Bitcoin Cash after having promoted Bitcoin all these years.
  • Ver tweeted that Bitcoin (BTC) no longer works as the cash of the world whereas Bitcoin Cash (BCH) does.
  • He has reportedly commented on Bitcoin not being the cash of the world earlier too. Ver stressed on how Bitcoin has lost the characteristics it had in the early times.

Roger Keith Ver known as the ‘Bitcoin Jesus’ is an early Bitcoin investor. He was the first investor in various start-ups including Bitcoin.com, Blockchain.com, Ripple,  Bitpay, and many more. He now promotes Bitcoin Cash after having promoted Bitcoin all these years.

Bitcoin Cash(BCH) uses the same blockchain as BTC. But is created with the idea to allow more transactions than Bitcoin itself. BCH owns a few decentralized groups unlike BTC that has a development team specifically. Hence, the decentralization implying improved security often proves as an advantage to Bitcoin Cash.

Bitcoin no longer works like cash, says Roger Ver

Ver took to twitter earlier on May 1 to share his view regarding Bitcoin not being the cash of the world. He tweeted on creating a tremendous whack by hitting the point not once or twice but thrice. Ver suggested not to be subtle or clever when trying to make an important point. Further suggesting to use a pile driver. Lastly pointing out that Bitcoin (BTC) no longer works as the cash of the world whereas Bitcoin Cash (BCH) does.

The next block fee of BCH stands at $0.0013 whereas that of BTC is $2.33. Also, the current median fee of Bitcoin Cash is $0.0007 which is 1000 times lower than Bitcoin’s median fee standing at $0.70.

Roger ver has reportedly commented on Bitcoin not working as the cash. Roger Ver stressed on how Bitcoin has lost the characteristics it had in the early times. The very attributes that drove investors and adopters towards it. Forbye, pointing out how these same investors have now shifted to work on cryptocurrencies like Bitcoin Cash or Ethereum.

It is worth noting why roger ver has developed that perspective towards Bitcoin. He believed Bitcoin is no longer useful for payments. And cryptocurrencies being the best tools for escaping government excessive control. 

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