Bitcoin Cash (BCH) Roger Ver Propaganda for the Blockchain Technology and Use Case Continues – The Cryptocurrency Analytics

Roger Ver pointed to how having nearly 100x more Bitcoin wrapped for use on Ethereum than in Lightning Network shows LN has been a total failure for scaling BTC.

However, someone in response stated, that it need not necessarily be so. Clarified that LN is just getting started as a technology, Ethereums technology has been around for much longer and is much more widely trusted as far as security is concerned Once LN proves its security and if Ethereum doesnt scale and bring down its fees it will be game over.

Many of them feel that it is time to acknowledge reality pointing to how the market has spoken again. Someone added to these ideas stating, the market also values BTC orders of magnitude more than any other blockchain.

However, many agree that WBTC is an interesting concept. Centralized, but when multiple banks issue these WBTC it can still work (semi-centralized), like in the free banking system pre 1913. This also looks like too much of focus on Cool Tech than usability and economics.

Someone trying to enlighten stated, actually it shows that the store of value use case and getting yield on that value is more important than a medium of exchange. Therefore that Bitcoin Cashs whole thesis is now challenged more than ever.

Sydney Ifergan, the crypto expert tweeted: No Matter what the Bitcoin Cash (BCH) ideals for propaganda are people are now looking to get more yield. Ultimately, they look at more money.

Roger Ver continues to propagate his ideals. Bitcoin is the brand that people want. Bitcoin Cash is the technology and user experience that made it popular.

Michael Saylor, Founder and Chairman of Microstrategy stated, If #Bitcoin is treated as a treasury reserve asset, based on our model, 99.98% of all transactions will be off-chain, and assets-at-risk will be in cold storage 99.92% of the time.

In response Roger Ver stated, This system sounds like it would work great! Until it doesnt.

The other ideals of Roger continue to prevail, and these ideals are the reasons for why he thinks Bitcoin Cash is necessary.

Bitcoin was designed to be digital cashused to make payments over the internet. Theres no such thing as a free government service. If Bitcoin is not an efficient medium of exchange its basically useless for promoting free markets.

Roger is also tired about the Lockdowns, Health is a state of complete physical, mental and social well-being and not merely the absence of disease or other physical impairment For everyones good health, end the lockdowns.

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Bitcoin Cash (BCH) Roger Ver Propaganda for the Blockchain Technology and Use Case Continues - The Cryptocurrency Analytics

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