Meanwhile, Roger Ver criticizes (again) Bitcoin

26. November 2020 Aus Von admin

There are those who rejoice in the almost unequalled performance of Bitcoin (BTC) in the last few days, and there are others.

Roger Ver, the ardent defender of Bitcoin Cash (BCH), has chosen his side …
Meanwhile, Roger Ver criticizes (again) Bitcoin
Roger Ver and Bitcoin (BTC): I love you too

Roger Ver is one of the most vocal figures in the Bitcoin Cash (BCH) community. He has already expressed several times his disdain for the cryptomony from which his hard fork is made… Even when it skyrockets.
Proof of this was made yesterday, by a tweet from Roger Ver rather… Salty :

I would’ve continued to promote BTC if it hadn’t been intentionally crippled. Today any honest person would be embarrassed to promote something with as bad a user experience as #Bitcoin

Roger Ver is ironic about the Bitcoin network (BTC) confirmation delays and its high costs. He explains:

„I would have continued to promote the BTC if it hadn’t been intentionally crippled. Today, any honest person should be embarrassed to promote something with such a bad user experience. »

Bitcoin, more than a currency?

If Roger Ver’s grunts can make you smile in the middle of a Bitcoin bull run, they are still revealing. As the BTC approaches $20,000 again, and several analysts are talking about the possibility of an increase up to $300,000, the question of the purpose of Bitcoin still remains.

The world’s leading cryptomoney is now widely seen as an investment asset, and is regularly compared to gold. This summer, we learned that 61% of the Bitcoin in circulation had not been touched for at least a year. As a result, users tend to use the asset as a store of value rather than buying pizza or coffee.

Faced with this, Bitcoin Cash (BCH) wants to be a useful currency, at least according to Roger Ver. But is this really the case? Its payment network can handle more transactions, thanks in particular to a much larger block size (32 Mb versus 1 Mb for Bitcoin). But in reality, these possible performances will only count if Bitcoin Cash is massively adopted, which is not the case at the moment.

Still, the Bitcoin Cash price has also benefited from the current bull run. After having ousted its rival Bitcoin Cash ABC (BCHA), BCH is among the biggest increases over a week, with +44%:

Over the year, assets grew by +69%. This puts an end to fears of a fall in prices following the hard forks experienced by Altcoin. Whether Roger Ver likes it or not, for the moment it is speculation that reigns.