0
0
Bitcoin Evangelist Roger Ver Stands Firm on Bitcoin Cash
Renowned early Bitcoin investor Roger Ver has rebuffed calls to return to the Bitcoin community, opting to remain committed to Bitcoin Cash (BCH) instead. Ver’s steadfast stance comes amidst a backdrop of philosophical divergence surrounding layer-2 blockchains.
Divided Philosophies
The layer-2 debate encapsulates a fundamental ideological schism between Bitcoin (BTC) and Bitcoin Cash (BCH) adherents. While proponents of Bitcoin advocate for layer-2 solutions as a means to enhance scalability, proponents of Bitcoin Cash argue that these solutions are merely centralized workarounds that compromise the decentralized ethos of the original network.
Ver, in particular, remains critical of layer-2 solutions, dismissing them as either centralized systems or unreliable alternatives. Notably, he expressed skepticism towards Adam Back’s Liquid Network, contending that the platform’s transaction fees are monopolized by Back’s company.
Staunch Advocacy for Bitcoin Cash
Despite the cryptocurrency market’s evolution since the contentious Bitcoin Cash fork in 2017, Ver maintains that Bitcoin Cash best embodies Satoshi Nakamoto’s original vision. Emphasizing his adherence to Nakamoto’s principles, Ver highlighted the ongoing rivalry with Bitcoin Satoshi’s Vision (BSV) proponents, who also claim fidelity to the Nakamoto’s blueprint.
While past rivalries have subsided, Ver believes that the philosophical disparities between BTC and BCH factions remain too profound to foster collaboration. When questioned about the prospect of future cooperation, Ver opined that market dynamics would ultimately dictate the trajectory of each community.
Decentralized Vision
Ver, often regarded as a prominent figure within the BCH community, underscored the decentralized nature of Bitcoin Cash and its community governance structure. When probed about the network’s future trajectory, Ver emphasized that Bitcoin Cash operates without a centralized authority, claiming that such inquiries were inconsequential in his view.
Ver’s unwavering support for Bitcoin Cash is underpinned by his belief that the token offers a technically superior alternative to Bitcoin, capable of serving as both digital gold and digital cash concurrently. Ultimately, Ver’s conviction in Bitcoin Cash remains resolute, as he champions the token as the most authentic embodiment of Satoshi Nakamoto’s original vision.
Image/Photo credit: source url
