Facebook's crypto project could be the death of Bitcoin Cash

17 Jun, 2019
by Joeri Cant
News
Facebook's crypto project could be the death of Bitcoin Cash

Former Facebook employee, and current lead developer of Bitcoin Cash, Amaury Sechet, took to Twitter this weekend to suggest that Facebook's cryptocurrency project could be the reason why Bitcoin Cash could eventully fail.

Amaury Sechet, the lead developer of Bitcoin Cash, suggested in a recent tweet that Bitcoin Cash could face extinction, unless they learn from Facebook's crypto project and use what they learn in time.

'With the recent FB announcement BCH could fail unless we learn from this and use what we learn in time. The window to act is closing so we need to step up', he tweeted.

Sechet went on to tell Trustnodes that they can go on with what they have, but implies that BCH won't be able to do the required work to make world money happen.

'We haven’t been able to do any serious work for the past 2 years, mostly low hanging fruits', he said.

However, most of the replies to Sechet's tweet, show that his followers aren't really seeing it the same way Sechet does.

Some even doubt that Facebook's project, codenamed Project Libra, will ever be successful, pointing to Google wallet and Apple Pay, who haven't been able to turn their payment systems in overwhelming sucesses.

What do you think? Could Bitcoin Cash eventully fail due to Facebook's cryptocurrency project?

Let us know in the poll below.

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