Xapo refused to consider original BTC as "real" bitcoin

The provideder of bitcoin wallet Xapo refused to give a guarantee that it will recognize the BTC chain as a "real" bitcoin after the SegWit2x
10 October 2017   676

As the head of the company Wences Casares stated, the BTC ticker will be awarded to the chain with the greatest difficulty.

As noted in the new message on the Xapo blog, the company's position on the upcoming hardfork is identical to the one it took before the Bitcoin cash hardfork. Users of the service, therefore, will have access to both coins after the fork, however, which chain will be considered as a real bitcoin, Xapo at a given moment can not say.

Xapo’s policy in regards to forks is that, when there is a fork, we always follow the chain with the most accumulated difficulty and we make the minority chain available to our customers for them to sell or withdraw from Xapo.
We are going to call the chain with the most accumulated difficulty Bitcoin or BTC . If the minority chain is the one with 1MB blocks we are going to call it BC1 and if the minority chain is the one with 2MB blocks we are going to call it BC2.

Federico Murrrone
Co-Founder and COO,  Xapo

Xapo was one of the companies that signed an agreement on the activation of SegWit2x. To date, however, the project has not done any additional official announcements.

Twitter CEO: BTC to be Single Currency in Decade

Jack Dorsey has a strong belief in the future potential of bitcoin
22 March 2018   20

CEO Twitter Jack Dorsey believes that after 10 years bitcoin will bypass the importance of the US dollar and become the most relevant currency in the world, which will be used by billions of users around the world. The businessman said this in a commentary to the British edition of The Times.

The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.As more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable.

Jack Dorsey

CEO, Twitter

Despite the fact that at the moment the bitcoin continues to experience certain problems that, according to Dorsey, prevent him from becoming an "effective currency," further development of the protocol, he believes, will inevitably lead to necessary changes.

The last thought of Jack Dorsey, who is also the founder of the payment start-up Square, seems to refer to the Lightning Network technology - the second layer of bitcoin scaling, which allows for instant and exceptionally cheap microtransactions.