One of the world's most recognizable internet entrepreneur and controversial figure Kim Dotcom joined the digital money revolution as he created a website whybitcoincash.com to promote Bitcoin Cash.
On that particular website, the veteran internet entrepreneur documented some of the most interesting facts about Bitcoin Cash, which I considered myself as a guiding instruction to understand the complexity of the digital money revolution.
The announcement of Kim Dotcom first support to BCH appeared on Twitter wherein he was quoted as saying "I told you Bitcoin is great from the beginning. Did you get in or did you wait too long? Now I'm telling you to get involved in Bitcoin Cash too. It has the biggest upside potential and is currently undervalued. #BitcoinCash #Bitcoin."
The inspiring message of Kim Dotcom was first published on January 7, 2021.
Aside from Kim Dotcom, prominent cryptocurrency enthusiasts such as Gavin Andresen, Roger Ver, Marco Oliveira and Jeffrey Tucker shared their interesting comments about Bitcoin cash on their respective Twitter accounts.
According to Kim Dotcom, Bitcoin Cash (BCH) are good for everything. Just like Bitcoin, with small adjustments, BCH could be the digital equivalent of cash while Bitcoin (BTC) is the digital equivalent of gold with its main feature being useful as a store of value.
The prominent internet entrepreneur also believed in the original vision of Bitcoin founder Satoshi Nakamoto. Bitcoin Cash believes in the original vision of Bitcoin which is to provide a fast, secure, worldwide peer to peer electronic cash system with low processing fees.
In comparison, Bitcoin Cash (BCH) processed at over 100 transactions per second when compared to Bitcoin having only 3-7 transactions per second.
The speed of the transactions in comparison affects the cost of sending. With transaction fees fluctuating between $5 and $50, Bitcoin is impractical for casual spending and micro-transactions.
Although this kind of news article seems and old news to all veterans of the cryptocurrency world but for beginner like us in this platform this could be a guiding light for us to understand how Bitcoin Cash works and how cryptocurrency affected the digital money revolutions.
Last February 12, 2021, the digital entrepreneur and innovator Kim Dotcom announced to his more than 700K followers on Twitter that in order to reply to all the inquiries about the reasons why he was supporting Bitcoin Cash, he created the website WhyBitcoinCash.com to explain his reasons of supporting the fastest growing crypto asset.
Upon reading the comments, reactions and reply to the initial tweet of Kim Dotcom, a huge number of cryptocurrency enthusiasts supported the bold move of the controversial internet personality and some of them even offered to translate the website to their respective language.
I would like to take this opportunity to thank Kim Dotcom for his efforts in promoting and spreading awareness about Bitcoin Cash which will surely help us beginners in the crypto scene that will also encourage us to do our part in promoting Bitcoin Cash to mainstream use.
This is not just a newsworthy story, it could be help us better understand Bitcoin Cash. Follow Kim Dotcom on Twitter to get interesting tidbits about his journey towards Bitcoin Cash futures.
At your service,
Phil Newsome
