John Carvalho, the CCO of Bitrefill and an advocate of Bitcoin [BTC] has time and again asserted that all hard fork coins are scams. Echoing a similar sentiment at a recent talk session on ‘Letstalkbitcoin.com’, Carvalho said that Roger Ver strongly backing Bitcoin Cash [BCH] and the cryptocurrency exchange Bitmain was likely to have stemmed from the aspect of ego, take control, and strategic aspect.
Roger Ver has time and again voiced his opinions stating that Bitcoin’s block size was a major setback for the network. However, Carvalho is of the opinion that block size cannot be the only factor for the BCH proponent to back the fork coin. The CCO said that SegWit protocol update has been successful in increasing the block size even as it did not increase it repeatedly. He also cited that Bitcoin was finding it “hard” to increase its block size repeatedly.
Sensing a hidden agenda behind supporting the fork coin, Carvalho aka BitcoinErrorLog said that Ver’s motivations behind backing BCH were a “mystery” to him. According to the Bitcoin enthusiast, if Ver can own Bitcoin.com, the Bitcoin handle on Twitter, and have significant mining hash power, then it is likely that they [Roger Ver] can sell those “fake Bitcoins” to people.
He went on to say that BCH is a scam and if people want to invest in sh*tcoins, there are many sh*tcoins or inferior coins in the cryptocurrency market other than BCH. He also believes that no one should hold the Bitcoin hard fork coins or deal in it.
According to the CCO, as long as the network has appropriate liquidity, time and transaction fees for the transfer of value, even an inferior network will be able to successfully execute it. However, he vouched for Bitcoin for the purpose of the storing value or building things on top of the blockchain network.
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