In an interview with EQUOS on April 23rd, Roger Ver gave his exclusive insights about Bitcoin, Bitcoin Cash, and the future of money. EQUOS is the cryptocurrency exchange of Nasdaq listed crypto firm Diginex and it has listed a BCH/USDC trading pair. The full version of this interview is available to watch on Youtube.
A Bitcoin Cash YouTuber nicknamed 1stmil.com has promised to buy 111 Tesla Model 3s, but only if Tesla CEO Elon Musk agrees to accept BCH for Tesla purchases from now on. He believes Tesla would see a boost in sales as a result as there are many Bitcoin Cash supporters who want to spend their cryptocurrency, whereas Bitcoin (BTC) supporters tend to want to hang on to their holdings.
An IRS Memorandum released on April 9, 2021 (Number: 202114020) further clarifies when cryptocurrency hard forks should be taxed. It specifically talks about the Bitcoin (BTC) & Bitcoin Cash (BCH) hard fork which occurred in August 2017. It also explains that users have a taxable event at the time they gain dominion and control (the ability to transfer out funds) over the asset received after a hard fork as opposed to the time at which the hard fork actually occurred.
At the second annual Wet Season Festival held by BitDeer, Jihan Wu warned that carbon neutrality has a long-term impact on the crypto mining industry, and that miners should not take any chances as the world trend is to reduce carbon emissions. In the future, institutions may consider not buying Bitcoins that are not "green" enough, so miners must think long-term about clean energy.
Developer Jay launched a Flipstarter campaign to raise 30 BCH. The goal of this project is to create an open-source, fully featured web-based blockchain explorer tailored for the upcoming SmartBCH sidechain.
Wallet.fullstack.cash, an open source and non-custodial web wallet supporting BCH and SLP tokens, is no longer in Alpha. It is now considered stable and safe for normal users to use.
During an AMA event, Jiang Zhuoer, founder of BTC.TOP, said he is still very optimistic about the future of BCH because the BCH community is very progressive and open. He thinks the long-term viability of BCH lies in the fact that BCH evolves.
Jihan Wu, co-founder of Matrixport and Bit.com and CEO of BitDeer, said in a Chinese BCH community that the BTC community needs too strong a consensus to do or to change anything, and its position as digital gold should continue to be maintained. Jihan Wu also said that Bitmain previously held too much BCH, making it too centralized which is harmful to BCH itself. But this problem has been solved as you can see from the on-chain data that Bitmain sold a lot of BCH during the bear market because it needed to get its cash back.
