Mike Novogratz called on to stop calling Bitcoin Cash Bitcoin
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Investor and CEO of Galaxy Investment Partners, Michael Novogratz last fall that are already invested in Bitcoin, and soon other big companies will follow its example. Now a billionaire its position in the dispute between the supporters of the Bitcoin Cash Bitcoin Core.
theCash or Bitcoin Bitcoin Core?
Novogratz responded to the tweet by the official account Bitcoin Cash (BTH), in which the creators of the coin called Bitcoin Core experimental currency without whitepapper and rich history. Entrepreneur to stop calling BTH with Bitcoin.
Enough already. Bitcoin core is BTC. It is a store of value. It is digital gold. It's market cap dwarfs bitcoin cash. If you want to be a payments currency, by definition you need to have a stable value. So why own it. ??
— Michael Novogratz (@novogratz)
not Quite. Bitcoin Core — Bitcoin real, which allows you to store savings, this is digital gold. While at BTH there is a real problem — capitalization of the coin prevents it from real growth. If you want to make the payment system, you need to start with creating a currency with a stable price.
the Struggle between the supporters of the coins is so fierce that already went to trial. At the end of last year, the members of the community pro-BTC launched a campaign to raise funds for a lawsuit to the platform Bitcoin.com. According to the authors claims, the head of the company Roger Ver had deliberately misled the user for the sale of BCH, blurring the difference from BTC. However, the lawsuit never went to trial — the organizers of the company have announced that they failed to raise enough money for a long trial.
In addition, the exchange CoinMarketCup removed the Bitcoin.com from the list of official resources BTH. Representatives of the site declined to comment. As Сointelegraph, the reason could be accusations Bitcoin.com and Faith.
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