Bitcoin Cash is a Better Investment Than Bitcoin – Bitzamp

In a recent interview with CNBC Fast Money, Roger Ver explained why he thinks Bitcoin Cash is a better investment than Bitcoin.

Ver, who owns and operates Bitcoin.com stated that Bitcoin isn’t efficient for commerce due to high fees and low transaction speeds which makes it bad for commerce and that Bitcoin Cash offers the solution to this.

According to Roger, Bitcoin had become unusable as a form of digital cash. Elaborating on this ideology, he stated:

BTC, Bitcoin, is no longer, or at least last December, wasn’t usable as commerce as all. The fees became high, the transactions became slow and unreliable, and people like myself and everybody else that was trying to use it for commerce stopped at switched to something else.

'Bitcoin Jesus' aka@rogerkver explains why #BitcoinCash is a better investment than #bitcoinpic.twitter.com/KQbgCJdPE2

— CNBC's Fast Money (@CNBCFastMoney) August 27, 2018

Ver is referring to the long transactions speeds that came about as a result of the meteoric price rise Bitcoin saw in late 2017, for which Bitcoin’s network wasn’t prepared to handle, resulting in high fees and slow transactions.

Regardless, “Bitcoin Jesus” went on to note that Bitcoin Cash’s dismal performance should not be a cause for concern for BCH diehards. Referencing his over six years of experience in the ever so volatile cryptosphere, the outspoken BCH advocate noted that he first invested in Bitcoin at approximately $1, and saw his investment grow 30-fold in 2011’s ‘bubble’.

CNBC Host Mellisa Lee, seeming intrigued by his statement, went on to question Ver about his overall cryptocurrency portfolio. Staying true to what he preached about diversification, he noted:

I hold more Bitcoin Cash then anything else, but I have some Ether, some ZCash, some ZCoin, Dash, Monero and I still hold BTC as well. So a little bit of everything is a good idea, including a bit of Ripple (XRP) and Stellar (XLM). Diversify, diversify, diversify is the name of the game.

Bitcoin.com CEO: Bitcoin Cash is a Better Investment Than Bitcoin

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