Crypto Community Calls Out Roger Ver’s Bitcoin.com For Misleading ‘Bitcoin’ Information
Bitcoin.com is a website that most people rely on to learn about Bitcoin Cash. The website, owned by Roger Ver, has recently gotten into some hot water in the crypto community. Right now, they are accusing Ver of having “misleading language in its Bitcoin credit card purchasing section,” according to SludgeFeed.
The section of the website that deals with credit card purchasing informs users that they will be making a purchase of Bitcoin, when the recommendation and first option is Bitcoin Cash instead. Crypto Twitter (CT) recently unveiled the sneaky organization of this page, leading many to get angry with Ver. After all, misleading investors about what they are buying is easily actionable.
Unfortunately, Bitcoin.com has had its share of allegations to this tune. There’s been many times that the website had posted misleading labels and marketing, but it doesn’t seem like anything is being taken seriously to help investors. Instead, the attention has shifted to the Bitcoin Cash hard fork, which many are blaming for the disruption of the crypto market lately.
What is more worrisome is the way that Ver is working towards establishing his own exchange, which seems to be to increase liquidity for Bitcoin Cash. However, in another self-serving move, this information inherently drives more traffic to Bitcoin.com, despite misinformation. As recently as October, he was discussing the advantages of creating his own exchange, rather than purchasing or partnering with a current platform.
At the time, he said, “If we build it ourselves, we can do it really, really cheap, and we get exactly what we want. But we don’t have the security of a battle-tested exchange that’s been around for a while.” However, based on the way that Ver forks many of the good ideas he finds, the second option is the most likely.