On a recent episode of The Crypto Show, longtime Bitcoin angel investor and Bitcoin.com CEO Roger Ver, who has been referred to as “Bitcoin Jesus” due to his early adoption and advocacy of the technology, shared his thoughts on Bitcoin Cash, which is a cryptocurrency that forked off from the Bitcoin network in August of this year.
During the interview, Ver discussed the need for cheaper transactions on the Bitcoin network, the possible reasoning behind bitcoin’s continued price rise, and the fact that he now holds more of his cryptocurrency wealth in Bitcoin Cash than Bitcoin (or any other cryptocurrency).
Still Early Days, But Ver is Confident Bitcoin Cash Will Overtake Bitcoin
In the early part of the interview on The Crypto Show, Ver was asked whether he feels vindicated by the relative success of Bitcoin Cash, which differs from Bitcoin in that it has an eight megabyte block size limit and does not include the Segregated Witness improvement.
“I think it’s still really, really early for Bitcoin Cash,” responded Ver.
The early bitcoin investor stated that Bitcoin Cash has only been around for roughly three months, although it has become the third largest cryptocurrency in the world during that time (behind Ethereum’s ether). At the time of this writing, Bitcoin Cash’s market cap is around 16% the size of bitcoin’s…