Vending Machines Drop BTC For BCH

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Avatar for Olad
Written by
4 years ago
In community: Bitcoin Cash(e11c)

It was a drama few weeks ago when HongKong vending machines turned down BTC and adopts BCH instead.

This unprecedented event has generated a lot of heat and lock horns among top crypto enthusiasts and maximalists with regards to the fact that it was masterminded by strong proponents of BCH.

Roger Ver, an ardent supporter of BCH posted a May 29, 2020 video on Twitter of a HongKong vending machine accepting BCH but not BTC.

No sooner had he done that than Bitcoin trader, Tone Vays claimed Roger Ver paid for the machine to drop BTC. However, Roger Ver debunked it, claiming he had never invested in the machine and doesn't even know who owns the machine. Trader Willy Woo also supported Vays, adding " it is common practice for lower tier altcoins to pay to get access to ATMs and vending machines since they are centralized".

To silence them all, Roger Ver takes the stance that BTC is not enough like digital cash. Adding that the machines are dumping BTC because its fees are too high, network speed too slow and the payments are too easy to reverse.

To enjoy Roger Ver's video, check the link: https://twitter.com/i/status/1266338994327035905

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Comments

Thanks for this

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User's avatar Kien
4 years ago

Your comment means encouragement for me. Thanks.

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User's avatar Olad
4 years ago

Great post

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User's avatar Abuside
4 years ago

Thank you for the comment. Well appreciated.

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User's avatar Olad
4 years ago

good article

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User's avatar piyal98765
4 years ago

Thanks for your comments. You are appreciated.

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User's avatar Olad
4 years ago

A pretty good advancement in BCH. it is really going to surprise people in the near future as it will take over Bitcoins. Thanks for the information tho. A pretty good one from @Olad

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User's avatar Dangerous_Fly
4 years ago

Thank you for the upvote. I look forward to seeing BCH flying higher in the nearest future.

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User's avatar Olad
4 years ago

Yeah that is good for BCH community. I see a lot more adoption to BCH in near future. Good luck all

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User's avatar Cryptonoob
4 years ago

I dont know why I am assuming that BCH is going to rock in near future!

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User's avatar Arnavaria
4 years ago

I didn't know the Tweet until now because I hardly use Twitter. I am not surprised that more and more merchants drop BTC. The trend has been clear for years and will continue to grow. The fees are unpredictable and less and less people use BTC for purchases. BTC has mutated from a crypto currency to a bad stock.

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User's avatar Telesfor
4 years ago

You are right sir. I would like African exchangers to realise the advantages of BCH over BTC and adopt BCH for mass promotion and adoption. Thank you for the upvote, it is an encouragement to me.

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User's avatar Olad
4 years ago

Yes this is what we are looking forward to in Africa, where every Crypto currencies enthusiast switch to BCH. I will particularly be happy if such happened in my country Nigreria

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User's avatar Fexodine1
4 years ago

This article is very incormative that we would like to know and to share to others to know them too..

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User's avatar Xilefadia
4 years ago

Wow vending machine vend crytocurency wow nice.. In my work in vending.only coffee product dispens and snack. Now cryto. Good job.

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User's avatar Ironman
4 years ago

Bitcoin Cash is fast becoming my favorite crypto. In the past few weeks, we have seen ETH transaction fees skyrocket. Bitcoin Cash doesn't have this problem

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User's avatar The.Part.Time.Economist
4 years ago
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