Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Bitcoin Cash will be available in Visa debit card soon.
Roger Ver, the most vocal advocate of Bitcoin Cash has tweeted that Bitcoin.com will come out with a Bitcoin Cash Visa debit card very soon.
Who wants a Bitcoin Cash Visa debit card? https://t.co/6EeRmpfaH7 is going to be bringing it to you soon! pic.twitter.com/xcjlJzM5jp
â Roger Ver (@rogerkver) December 11, 2017
Â
The rivalry between Bitcoin and Bitcoin Cash is well known as the latterâs proponent, Roger Ver, has continued to claim that Bitcoinâs Aug. 1, 2017 fork â BCC, is the real Bitcoin as per the original guidelines in the 2009 whitepaper by Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System.
His idea of a solution to Bitcoinâs supposed shortcomings is Bitcoin Cash, which has a larger block size (8MB compared to Bitcoinâs 1MB - making for a larger number of transactions to be processed within the 10-minute period it takes to process new blocks) and consequently smaller fees and faster transaction processing.
However, the Bitcoin community has not been very receptive to what a lot of them believe is an attempt to subvert the original coin, leading to a rift between supporters of Bitcoin and those of Bitcoin Cash.
Now with a possible Visa debit card solution coming out, Bitcoin Cashâs price is likely to go up as it becomes easily âspendableâ â something that cannot be said for Bitcoin which was recently dropped by Steam, the game distribution service, due to high fees and delays.
While there are other solutions (TenX and Monaco) for users looking to spend their digital currency via debit cards, a native solution provided by Bitcoin Cash may be what is needed to further crypto adoption and actual spending, which is considered healthy for the market.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.