Bitcoin Cash Favored Bitcoin.com Is Booting Exchanges Not Endorsing BCH Tokens
The cryptocurrency website Bitcoin.com is taking an aggressive stance against any exchange not supporting BCH (Bitcoin Cash) by listing the tokens on them. Bitcoin Cash has been changing the way the market operates, making a move to take over the kind of cryptocurrency, the original Bitcoin.
The move is happening all over the world, even hitting exchanges in countries like Sweden. Recently, the Swedish exchange simply known as Bitly, was contacted by the Bitcoin.com, a site that has been mainly used for leasing purposes or to promote other cryptocurrencies. The memo sent to Bitly from Bitcoin.com’s CEO basically told the exchange that anyone not supporting BCH by listing it would not be allowed on Bitcoin.com.
The website has already been under watch along with Bitcoin Cash for using shady tactics, changing tickers on the company website to trick new users into investing into the token due to thinking it’s Bitcoin. The CEO of Bitcoin.com, Roger Ver, is known for belittling Bitcoin and its investors, instead giving the label of top cryptocurrency to Bitcoin Cash.
The following statements were given to users of Bitcoin.com who aren’t listing BCH on their exchange:
“I am writing to let you know we have noted at this time your exchange currently does not offer Bitcoin Cash (BCH) and only offers customers the option to buy Bitcoin Core (BTC). We are making a change on our exchange listing requirements that all listed exchanges must offer Bitcoin Cash (BCH) in order to remain listed on our website.”
Not only that, but the letters also point out that not listing Bitcoin Cash on an exchange will result in being banned from Bitcoin.com’s listing area. Another statement declared that anyone not adding BCH to their exchange had one month to list the currency or they’d be kicked off Bitcoin.com.
Some countries don’t even have access to Bitcoin Cash – making no reason to ban any exchanges from the website – but it’s happening anyway. Something the company may or may not have seen coming is the onslaught of remarks on social media regarding the demands of Bitcoin.com and Bitcoin Cash.
To put it simply, no one in the cryptocurrency sphere is supporting or giving into the demands of Bitcoin.com. Instead, they’re fighting it with great enthusiasm, making sure to support anyone who is being digitally extorted by the powermonger at Bitcoin.com
Luckily for the industry, cryptocurrency users aren’t exactly pushovers. The move being made by Bitcoin.com isn’t exactly smart, the same can be said for Bitcoin Cash. It’s likely the push for control will start the demise of one or both companies.
Is this type of pressure illegal? Or should it be? Leave your thoughts in the comment section below.