Forbes: Vitalik Buterin criticized Bitcoin Cash

Alexandra Petrova
Tokenbox
Published in
2 min readApr 5, 2018
Forbes.ru

It seems that the crisis of overheated cryptocurrency market has reflected not only in prices, but also plans of the creators.

Against the backdrop of falling prices at the market, any statements of its active players are perceived to be especially acute. Everyone is interested in knowing when the crisis is going to end and which cryptocurrency will not survive.

During the economic Deconomy’s forum entitled “Bitcoin, Controversy over Principle”, which took place on 3rd and 4th of April in Seoul, Vitalik Buterin made some real time comments on his Twitter account. He criticized Australian entrepreneur Craig Wright and founder of Bitcoin.com Roger Ver, who took part in a two-hour promotional presentation of Bitcoin Cash.

The founder of Ethereum said that Wright’s presentation is not only an opportunity to boast about how many university degrees he has, but is also a complete nonsense, a lie and illogical. However, it is unlikely that the words of Buterin will somehow affect the situation on the market, experts say.

Ethereum is the second largest currency in terms of capitalization ($38 billion) after Bitcoin ($ 120 billion). Bitcoin Cash has second highest price according to the Coinmarketcap resource). At the same time, many consider this currency a scam, because it is manipulated by specific people — the fact that violates the main principle of decentralization, says Vladimir Smerkis, Tokenbox co-founder and managing partner. “On the other hand, — he adds, — fans and creators of this currency consider Bitcoin Cash to be a modern Bitcoin because of its greater functionality and high speed of transactions. And one of the main movers of this opinion is precisely Roger Ver.

Conflicts among different currencies always existed, but the current market correction here does not matter”, — says Mr. Smerkis. The same situation occurred between Ethereum and Ethereum Classic, but for the other reasons.

Source: http://www.forbes.ru/tehnologii/359605-konec-efira-vitalik-buterin-raskritikoval-bitcoin-cash

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