Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

By Lucas Cacioli   May 31, 2020 2 Min Read

Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to share a video of a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin.

In the video, Ver pointed to Bitcoin’s high fees and congested network as the reason it was likely omitted from the payment options. However, YouTube Bitcoin influencer Tone Vays and trader Willy Woo responded tweeting that it’s more likely Ver paid for Bitcoin’s exclusion.  

 

Roger Ver posted the video above of the Hong Kong vending machine transacting a BCH payment. He explained, “You’ll notice there’s Bitcoin Cash, Ethereum, Binance Coin and some other ones, but there is no Bitcoin at all because it's been broken."

Ver's Beef With Bitcoin

Ver has been outspoken on the topic of fees and network speeds in Bitcoin and believes Bitcoin Cash to be a purer version of Satoshi Nakamoto’s original vision of the cryptocurrency. He has also very adamantly disapproved of the efforts of those seeking to solve Bitcoin's scaling issue by other means than larger blocks on the Bitcoin blockchain—which developers of the Lightning and Liquid Networks have called a dead end.

Ver’s frustrations at the advocates of the Lightning Network—Bitcoin’s most notable scaling solution—came to the forefront at Deconomy 2018 during his famous Bitcoin scaling debate with Blockstream's Samson Mow. Ver's main arguement is that Bitcoin is not close enough to a practical digital cash and should be a payment system on its own, while Mow argues that Bitcoin is actually meant to be a settlement system to build scalable payment solutions upon. 

Tone Vays and Willy Woo Suspiscious of Roger Ver

One of the most popular traders in crypto and YouTube influencer, Tone Vays was not impressed by the video and suspects Ver may have paid for the Hong Kong vending machine to prefer BCH over BTC. Vays also questioned whether the Hong Kong vending machine had ever transacted in BCH since the demonstrative video.

Another popular crypto trader, Willy Woo admitted that his first inclination was to agree with Vays’ assessment. Woo claimed it was common for “lower tier altcoins to pay to get access to ATMS” and thinks the video raises red flags on centralization of the crypto space.

— Tone Vays - TheFinancialSummit.com (@ToneVays) May 30, 2020

 

Ver has reportedly denied any involvement with the Hong Kong vending machines choosing Bitcoin Cash over Bitcoin. 

 




About the author

Lucas Cacioli    Blockchain.News
Blockchain is the future.




Like this post:
Read More
Relevant |   Latest