Bitcoin has actually taken control of all forms of media, from mainstream to social. The cryptocurrency was trending on Twitter last night after making above $40,000 for the first time.
The hysteria caught the attention of early web entrepreneur Kim Dotcom, who claims there’s a Bitcoin fork that’s more underestimated than BTC itself and has the “& ldquo; most significant upside potential & rdquo; in crypto. However what the fork exactly is he discussing?
Megaupload Founder Kim Dotcom Forewarned Of Fiat Currency Destruction
Megaupload founder and early web entrepreneur Kim Dotcom has long been a supporter of Bitcoin and cryptocurrencies. Years back, long prior to record fiat money printing became the theme of 2020, he warned of the eventual crash of the dollar and proposed cryptocurrencies and gold as a method to safeguard against what is to come.
He stated as far back as August 2018 that an economic crash was coming “& ldquo; 100 % & rdquo; and he was right. Come 2020, the economy did crash and the dollar is on the ropes.
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Bitcoin and other cryptocurrencies are flying. Gold and Bitcoin both set new records in the year and might be an indication that Kim Dotcom’s predictions are frequently accurate.
But could the tough fork Bitcoin Cash truly have the “& ldquo; most significant upside prospective” & rdquo; in crypto and even be more underestimated than BTC itself?
BCH has a lot more to reach catch up with BTC. Will it?|Source: BTCUSD on
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Kim Dotcom took to Twitter today to provide his fans another piece of financial guidance: Consider Bitcoin Cash and not just traditional BTC.
BTC maximalists fasted to attack the controversial Megaupload founder for his views.
“& ldquo; It’s quite basic. The winners in the crypto race will be the currencies that people utilize for their everyday transactions. That is where BCH shines,” & rdquo; he responded in the same Twitter thread.
He also claims that he arrived at that decision because he’s constructing “& ldquo; new tech & rdquo; that he is & ldquo; confident will be utilized by hundreds of millions of users.” & rdquo; And the only way to supply the very best user “& ldquo; experience & rdquo; is to select BCH over BTC.
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Undoubtedly, there’s some truth to his point. The factor for the BCH fork in the first place was to improve upon the OG cryptocurrency’s deal speed, charges, and scale.
It is hard to believe that there’s more upside potential for BCH as an outcome when dozens of altcoins do the very same job even much faster, and Bitcoin Cash is up until now behind BTC. But then again, Kim Dotcom has been proper about a lot of things associated with crypto, why would he be incorrect now?
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