Roger Ver, Bobby Lee Debate Which Bitcoin is Closest to Satoshi’s Whitepaper and BCH Wins
Roger Ver, Bobby Lee Debate Which Bitcoin is Closest to Satoshi's Whitepaper and BCH Wins
The co-founder of BTCC and a prominent voice at crypto conventions, Bobby Lee, was giving a speech at the CoinsBank Blockchain Cruise 2018. Roger Ver, a prominent proponent of BCH, questioned him about BCH and BTC. He was specifically asked, which one of the two had brought more freedom to the world.
The comparisons between BTC or as BCH proponents call it, Bitcoin Core, and BCH has been an issue of debate for a while. Supporters of BCH, with Roger Ver being the most prominent, feel that it is the original BTC, which was envisioned by Satoshi Nakamoto.
Putting Lee on the Spot
When Roger Ver got the chance to ask the question, he told Bobby that now, BTC was mainly seen as a store of value. He then added that BCH wants to be the P2P digital payment system for the world. After that, he asked Bobby Lee which of the two brought more freedom to the masses.
In his answer to Roger Ver, Bobby Lee said he loved the question. He also added that Roger was perfectly situated to ask this question. Bobby said that Roger had literally put him on the spot with his question. He then went on to say that during his speech, he had said Bitcoin and did not say BTC, BCH, or something else. According to Bobby, both BTC and BCH were Bitcoin in his mind.
Lee went on to say that, he had bought his BTC before 2017 before the hard fork took place. Thus, he still owned an equal amount of BTC and BCH. However, it just happened that one crypto coin had a higher market value than the other one.
According to him, selling BCH or BTC now would be too early. He added that he was not ready to give up on any of the Bitcoin. However, he said that the specific answer to the question by Roger, the Bitcoin Cash was truer to the vision by Satoshi Nakamoto’s whitepaper.
This Was a Victory for Proponent of BCH
The supporters of Bitcoin Cash have argued along these lines for a long time. They say that the BCH embodies the vision of Satoshi Nakamoto more than the BTC. They feel that the BTC has strayed far from this vision. Right now, the BTC is used as a store of value instead of helping the poor gain access to the financial system.
In fact, it can be argued the BTC is inaccessible to the poor people of the world, the same people it was meant to help. While the debate will not end here, Roger Ver has claimed across a small victory. Putting Bobby Lee on the spot and making him admit BCH was the truer Bitcoin, was indeed a great feat.
About the CoinsBank Blockchain Cruise
This is the third such conference which took place from September 7 and will end on September 11, 2018. The conference was held on a cruise vessel, reserved only for the event. It is planned to stop at the cities of Barcelona, Monaco, and Ibiza.