Bitcoin Cash’s network received a lot of unwanted attention this week after it was reported that a single miner was able to mine over 24 blocks in 2 hours. Questions were raised about BCH’s credibility from a security standpoint again, with many crypto-personalities surprised as to how it was possible for such a breach to happen.
However, the incident failed to faze Roger Ver, as the Bitcoin Cash proponent continued to assert that Bitcoin Cash was indeed the better form of Bitcoin.
In a recent interview with Trader Cobb, Ver claimed that a massive shift within Bitcoin took place well before Bitcoin Cash existed. According to Ver, a massive ‘censorship campaign’ took place within the Bitcoin space in 2015-16, one which stifled contrary opinions and deleted comments which disagreed with a majority of the community.
Ver also said that before the shift, Bitcoin’s primary utility was as a form of money. However later, the narrative changed and people started arguing that Bitcoin is supposed to be used as a store-of-value. He added,
“Cryptocurrencies, in general, is supposed to be, you know, free speech and free expansion and free trade and suddenly the biggest cryptocurrencies community, Bitcoin is engaged in this massive censorship campaign. And that’s why I love Bitcoin Cash so much at this point.”
Speaking out about BCH’s major competitors in the space, Ver said that Bitcoin’s Lightning Network is nowhere near successful, terming it as an “overhyped vapourware product.” According to him, BTC’s Lightning has been in the industry for almost 5 years, but substantial improvement is yet to surface from its developers’ community.
Additionally, Ver claimed that it is a smart investment move to open, large positions in Bitcoin Cash, rather than Bitcoin as BCH will be a future ‘hot stock.’ He said,