The Bitcoin Core versus Bitcoin Cash debate is not anything new to anyone who has been in the cryptospace for longer than Roger Ver’s two-minutes of infamy and there are no signs of a peace treaty any time soon.
Since the on-going conflict between the supports of both Bitcoin Core, the original platform, and the forked Bitcoin Cash is not showing any indication of letting up, prominent figures are stepping into the arena to weigh in.
One such figure is Michael Novogratz, a former Wall Street Executive and well-known cryptocurrency investor, and he spoke up on social media platform Twitter when the official @Bitcoin account – a handle which has been dragged through the mud and back again – misrepresented the details of both cryptocurrencies.
Bitcoin Cash is the oldest cryptocurrency. Its white paper was published in 2008 and the genesis block mined in January 2009.
Bitcoin Core (BTC) is an experimental currency that does not have a white paper and has only operated under its current model for two years. pic.twitter.com/YBeepJlwC5
— Bitcoin (@Bitcoin) May 4, 2018
Novogratz snapped back regarding this, with an “enough is enough” attitude – listing the actual attributes of Bitcoin Core and calling out the behavior as though it was somewhat childish.
Enough already. Bitcoin core is BTC. It is a store of value. It is digital gold. It’s market cap dwarfs bitcoin cash. If you want to be a payments currency by definition you need to have stable value. So why own it. ??
— Michael Novogratz (@novogratz) May 5, 2018
Novogratz has been titled as one of the richest people by Forbes and has had a great deal of success in his business ventures. After a highly remunerative 26-years at Goldman Sachs and Fortress Investment Group on Wall Street, the business mogul dived into virtual currency – investing hundreds of millions into a Galaxy Digital, a cryptocurrency merchant bank. As a financial and cryptocurrency heavyweight, there is often a perception by those in the cryptosphere that his words carry a valid weight.