Shame: Charlie Lee blasts Bitcoin Cash for posing as BTC

Litecoin creator blames bitcoin.com for confusing newcomers to Bitcoin
20 October 2017   790

Bitcoin Cash is Bitcoin

One of the most popular websites in the field of cryptocurrency, bitcoin.com, has released a quite a controversial statement that claimed that "Bitcoin Cash is Bitcoin".

The hard-forked version of Bitcoin has not been able to come close to the original Bitcoin chain by any indicator, such as user base, hashrate, market cap, and developer activity. Still,  bitcoin.com argues that the Bitcoin Cash chain is "most closely adherent to the original design":

Based on the above comparisons between the various versions of Bitcoin, the whitepaper, and the years of common understanding that Bitcoin was always meant to be an electronic cash system, it is the position of this website that Bitcoin Cash is the version of Bitcoin that most closely adheres to the original design. The position that Bitcoin Cash is Bitcoin is based on its adherence to the design goals and intended purpose that Bitcoin was created to fulfill.
 

"Bitcoin Cash is Bitcoin" on bitcoin.com

In response, leading industry experts including Litecoin creator, Charlie Lee, offered harsh criticism.

Charlie Lee

The Litecoin creator, who is known as one of the most honest developers in the cryptocurrency world, never shies away from any discussion on the hottest topics with the public and always tries to be open and honest about the problems.

Now, the man expresses his emotions on the article via his Twitter.

A lot of newcomers are going to be misled by Bitcoin.com . This article is so full of lies and FUD. Not having replace-by-fee does not make unconfirmed transactions safe. Also confirmed transactions are irreversible even with SegWit. SegWit signatures are not removed from the transactions. It’s just the transaction data structure that’s different. It’s just as secure. More Pretty much every other line in that article is FUD and misleading. It’s very much a hit piece on Bitcoin Core and SegWit. Shame.
 

Charlie Lee
Litecoin creator

Lee further emphasizes that the end result is not important. It is not morally and ethically correct to deliberately confuse newcomers in the Bitcoin and cryptocurrency markets.

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   72

Rising interest in Bitcoin Cash has made a big impact on cryptocurrency market and service providers alike. The rising exchange rates and more widespread support on exchange platforms contributes to the fact. And this can;t be ignored by companies involved in Bitcoin ATM business. They wouldn't want to be left on the side in such a quick-rising market. So Athena Bitcoin took a logical step and added support for Bitcoin Cash to their ATMs.

In the case of Athena Bitcoin, it's an interesting step because of many reasons. The don't plan to drop Bitcoin anytime soon, so it's just an expansion of bases, rather than a complete turnover. Also added support will be interesting to statistics, because Athena's widespread coverage in several US states will allow to see, whether or not BCH is more popular than BTC in some states.

Bitcoin Cash support will also allow for BCH to fiat conversion with two-way machines available in Athena's network. Added competition doesn't thrill Bitcoin Core community, but BCH enthusiasts are quite happy with this situation.

So far Athena Bitcoin is one of the first providers to give such opportunity to the masses, so it would be interesting to see if other ATM networks will follow the example. Decisions like that are always more than a little controversial so we'll have to wait and see if it pays off.