NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Bitcoin Cash Is More Widely Accepted Than Bitcoin In Japan, Why It Doesn’t Matter

Samuel Wan
Samuel Wan
6 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Roger Ver has re-ignited the BTC vs. BCH debate by claiming that significantly more physical shops now accept Bitcoin Cash than Bitcoin, in Japan. Which, he believes, is further evidence of Bitcoin Cash’s superiority. However, such instances of one-upmanship only serve to fuel division amongst the wider crypto-community. Which is especially problematic during times that call for unity to move forward.

Japan now has more Bitcoin Cash accepting physical shops than BTC.https://t.co/nVHwj1EogG

— Roger Ver (@rogerkver) March 31, 2019

Bitcoin Cash Is Big In Japan

Japan’s booming crypto industry comes in part from an acceptance of cryptocurrency. Both from the general public, who stereotypically embrace technological innovation, and from lawmakers, who cultivate an open-minded attitude towards digital money. This has fostered a progressive regulatory environment, as evidenced by recognition of Bitcoin, and other digital currencies, as legal property under the Payment Services Act. In effect, green-lighting cryptocurrencies as legitimate instruments, in Japan at least.

For these reasons, goings-on in Japan are significant for the entire industry, and may well reflect up and coming trends across the rest of the world. Unfortunately, news that Bitcoin Cash is proving itself a more popular transactional currency in Japan will be disappointing for some. Nonetheless, it has to be said; this is what both sides wanted. Therefore, as the crypto industry awaits defining regulatory news that will shape its future direction, it makes sense to acknowledge that toxicity within the crypto-community achieves nothing, especially so when both BTC and BCH are on track with their development.

Jokes aside, I think you are doing a good job at reporting on both sides of the debate. It's just that the cryptocurrency community is a very unforgiving audience,and easily angered, which doesn't really work with the subtle and nuanced arguments needed to fully explain the topic

— Christian Decker (@Snyke) March 16, 2018

Bitcoin vs. Bitcoin Cash

No other rivalry in crypto is as intense as BTC vs. BCH. It started because members of the BTC community, led by Roger Ver, saw BTC as a transactional currency. They were unhappy with its scalability and thought the 1MB block size was insufficient to cope with large scale throughput. Whereas others believe BTC should be a store of value, rather than a transactional currency. And they felt that larger block sizes would prevent individuals from running their own full nodes. Meaning, in the future, transaction verification could only happen via large scale mining pools, resulting in network centralization – a critical violation of the concept of alternative money.

Taking into account the entirety of Bitcoin Cash’s philosophy, many developers see BCH as closer to Satoshi Nakamoto’s white paper. But this belief is not based on one being a truer Bitcoin than the other. Instead, it comes from a place that takes into account variables that could not have been predicted, such as the rise in ASIC mining, and the (so far) limited success of layer 2 scaling solutions for Bitcoin.

It’s easy to understand why Bitcoin Cash supporters say their coin is the “original vision”, because it probably *is* closer to the original vision. Bitcoin was obviously meant to be used for commerce and not just as a store of value. But the original vision is wrong and flawed.

— Cøbra (@CobraBitcoin) December 12, 2017

Does It Matter?

Often in human psychology, the need to be number one precedes all else. Even common sense and reasoning, but there comes a time when we must put aside our differences to move forward. After all, there is room enough to have a quick, cheap global currency as well as one that offers a store of value. Vinny Lingham, CEO of Civic, believes there is scope for different projects to fulfill different criteria, he said:

“If Bitcoin is being built to be a Store of Value, then something else needs to fill the gap of a Medium of Exchange/currency.”

And with that mind, Roger Ver, and his team at Bitcoin Cash deserve congratulations for taking cryptocurrency further into the mainstream.

Tweet123Share304ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin bull run

Έρχεται νέο ράλι τιμής Bitcoin ;

Η τιμή του Bitcoin φαίνεται να έχει ακόμα αρκετό περιθώριο ανόδου, με τους αναλυτές να μιλούν για νέα ιστορικά ρεκόρ....

Ανθή Ντόνκοβα 13 hours ago
Ethereum

Ethereum Breaks Critical $2,800 Level — Can Bulls Hold For Major Rally?

Popular market analyst with X username Daan Crypto has provided an important insight into the Ethereum market, stating the altcoin...

Semilore Faleti 14 hours ago
Solana

Solana (SOL) Set For Price Run To $2,700 — But This Condition Must Hold

Solana (SOL) has registered a 0.58% loss in the past day, representing a slight price retracement from its strong weekly...

Semilore Faleti 17 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Arthur Hayes預測怪獸級山寨幣風暴來襲!哪些冷門項目有望暴漲1000倍?

Mark Mak 4 hours ago
Bitcoin

Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?

Scott Matherson 9 hours ago
Bitcoin

Kiyosaki Awaits The Next Bitcoin Sale: ‘My Fellow Pigs And I Are Feasting’

Christian Encila 11 hours ago

Premium Sponsors

Press Releases

  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    12 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    13 hours ago
  • BTC最高値更新の中で注目される新たなレイヤー2プロジェクトが狙う仮想通貨1000倍の可能性

    ...

    13 hours ago
  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    1 day ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.