Roger Ver Praises Bitcoin Cash Usage Uptick in Japan, Only to Relate It to BCH’s Superiority over BTC
Bitcoin.com’s founder Roger Ver restarted the BTC and BCH debates again stating that BCH was superior to its competitor BTC because BCH possessed more adoption and acceptability in Japanese stores.
Japan now has more Bitcoin Cash accepting physical shops than BTC.https://t.co/nVHwj1EogG
— Roger Ver (@rogerkver) March 31, 2019
Japanese Crypto Adoptions
Crypto adoption in Japan has taken leaps, as a good number of commercial stores and institutions who have begun to accept cryptocurrencies for transactions.
Japanese adoptions include that of their Railway Group that seeks to begin accepting cryptocurrency payments.
According to the Payment Services Act in Japan, crypto/ digital currencies such as Bitcoin, are recognized as legal property.
BCH In Japan
In Japan, BCH is currently the most used cryptocurrency and the 3rd most dense BCH region.
Mezzo, a luxurious lounge in the city’s capital, has begun accepting BCH within its Tokyo district.
BTC VS BCH
There’s no rivalry in the cryptosphere as heated as that of BTC and BCH.
The schools of thought vary as regards issues such as
- Scalability and block size
- Centralization and mining pools
- Similarity to Satoshi’s white paper
Ver has remained adamant with his opinions on the BCH VS BTC debate, as he said that Bitcoin was to be a replacement of fiat currencies, even though others only considered it a means of storing value.
Since Bitcoin’s hardfork last year, Ver’s criticism has ramped up. Ver has not only criticized the additional layer to Bitcoins original core, but also its lightning network.
Ver added on the lightning network differences that
“Our Lightning Network, will, in theory, work better…the current Lightning Network is absolutely a horrible user experience, we all know this.”
He concluded his argument saying that, as regards function and reliability, BCH is certainly superior.
What Really Matters
Psychologists say that the desire to be no 1 is an irresistible human need.
Currently the need for progress should be paramount in the desire for a global digital currency and value storage.
The CEO of Civic, Vinny Lingham said that various crypto projects can serve various needs as regards the digital currency space.
“If Bitcoin is being built to be a Store of Value, then something else needs to fill the gap of a Medium of Exchange/currency.”
He then applauded Ver and his team for advancing cryptocurrencies into becoming more mainstream.