Bitcoin Cash Kim Dotcom 'Officially' Joins the Bitcoin Cash Movement -...

Kim Dotcom 'Officially' Joins the Bitcoin Cash Movement – Decrypt


Kim Dotcom, political activist and founding father of the now-defunct file internet hosting service MegaUpload, has “formally” joined the Bitcoin Cash (BCH) group, as per a tweet this morning.

The announcement comes a year after Kim moved over to evangelizing Bitcoin Money, citing the “poisonous” and infighting Bitcoin group as the principle trigger.

Kim mentioned he’ll lead efforts to make BCH the world’s “main digital money resolution,” including that he shall work in direction of better adoption of the cryptocurrency and tie up with on-line distributors to extend its person base.

The German-Finnish entrepreneur gained fame within the early 2000s after turning into a dotcom millionaire (therefore the peculiar surname) and residing a lavish life. He was convicted of fraud by the US authorities in 2012. Since then he has labored as a political activist in New Zealand and been an outspoken crypto advocate.

In the meantime, when requested about why Bitcoin Money over Bitcoin, Kim mentioned on Twitter at this time, “As a result of it really works. Low charges, quick transactions, straightforward to make use of, and safe. I checked out all cryptos to make use of for my upcoming new innovation and Bitcoin Money ticked all of the bins.”

He added, “BCH is already applied with 100K+ distributors and that quantity is growing quickly.”

The activist additional claimed to make the most of his community and the ability of “genius advertising” to popularize Bitcoin Money over different cryptocurrencies among the many basic public.

Regardless of the feedback, Kim’s not wholly trashing Bitcoin. He said within the feedback of his tweet that Bitcoin now functioned higher as a store-of-value cryptocurrency (some extent that even fund managers and tech agency house owners appear to share), whereas Bitcoin Money was higher for making on-line funds. Not everybody appeared to share that view, nonetheless.

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