Roger Ver: "Bitcoin Cash will outperform Bitcoin in the coming years"

07 May, 2019
by Richard Allen
Roger Ver: Bitcoin Cash will outperform Bitcoin in the coming years

During a recent interview with Coinspeaker, Roger Ver A.K.A Bitcoin Jesus said that in a few years Bitcoin Cash will outperform Bitcoin "due to its superior user experience with faster, cheaper, more reliable transactions." 

Speaking about Bitcoin’s all-time high of almost $20,000 in 2017, Ver says it was a bubble bursting, and people will always call everything a bubble.

“But the thing is that – if things are useful for people, they are gonna use it. Cryptocurrencies are useful so people will use it. And the thing is, cryptos don’t have limited supplies so the more people using it, the more the price is gonna go up over time.”

However, in ver’s opinion, Bitcoin stopped working near the end of 2017 when transaction fees were over $50. He said:

“I am not so optimistic about BTC anymore. BTC had big network effect but its usefulness isn’t very good. The value or the use of bitcoin went out of trend as the scalability issue arose. The transaction fees on the Bitcoin network became so high that it became impractical to use today.

“With Bitcoin Cash, we are looking to create a currency of the future. It is fast, secure, and cost-negligible when compared to BTC. I would rather ask people to use it for themselves to decide. I’d always rather go for cryptocurrency that has cheap and reliable transaction.”

When asked about the future of Bitcoin Cash, he said:

“I think that BCH will outperform BTC in the coming years due to its superior user experience with faster, cheaper, more reliable transactions.”

Apart from Bitcoin Cash, Ver revealed he also holds Ethereum, Zcash, Zcoin, Monero, Dash, Binance Coin and XRP, among others.

At the time of writing, Bitcoin Cash is trading at $286.28, down 1.53% over the last 24 hours/

 BCH/USD chart provided by Tradingview

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