Craig Wright Claims 2018 Will be the Year of Bitcoin Cash

JP Buntinx | December 10, 2017 | 6:17 pm
NewsBTC Craig Wright Bitcoin Cash

Craig Wright Claims 2018 Will be the Year of Bitcoin Cash

JP Buntinx | December 10, 2017 | 6:17 pm

Craig Wright has always been a controversial figure in the Bitcoin world. After successfully showing the world he is not Satoshi Nakamoto, Wright still makes some interesting comments. In his latest series of tweets, the master of deception focuses on Bitcoin Cash once again In his opinion, 2018 will be the year of BCH as the Bitcoin with the most potential. An interesting train of thought.

Even though most people ignore Craig Wright, he still makes interesting comments. No one can deny Bitcoin in its current form isn’t suitable for anything but being a store of value. That will eventually change for the better, hopefully. However, it is evident we will need to see some changes sooner rather than later. Other competitors are not resting on their laurels whatsoever. Especially Bitcoin Cash may make a significant impact in the coming months.

Craig Wright Continues to Favor Bitcoin Cash

If Craig Wright is to believed, BCH is the Bitcoin fork with the most potential. Some big changes are on the horizon for this popular altcoin as we speak. A non-constrained block size is one of the big developments, to say the least. On-chain scaling is not ideal by any means, but it seems to work for this currency so far. Additionally, we will see web wallets become more secure and potentially improved coin mixers.

Any form of Bitcoin lacks privacy and anonymity by default. This can only be achieved by mixing coins or using altcoins with such functionality. Until now, there has not been much debate regarding Bitcoin Cash and mixers. Such services will always have their place in the market. Craig Wright believes this will help proper Bitcoin Cash to become a globally adopted cryptocurrency. Only time will tell if any of this will come true, though.

The ongoing competition between Bitcoin and Bitcoin Cash has been rather interesting. Both ecosystems offer something the other doesn’t It is not necessarily a matter of which one is better, but rather which one will have the majority of support. For now, that ball is still in Bitcoin’s camp. If Craig Wright is to be believed, this will change in the next year or so. An interesting development to keep an eye on, regardless of one’s feelings toward BCH.

Header image courtesy of Shutterstock

Tags: , , ,
  • haissemweneht

    Don’t just talk about it Craig…do it! Go Litecoin! To the Moon.

  • TroyH

    Yeah keep shilling your crapcoin Bcash Mr.Wright

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

Get the app

Featuring live charts, price analysis, breaking news, currency converter and more. The only bitcoin app you need!