The hysteria caught the attention of early internet entrepreneur Kim Dotcom, who claims there’s a Bitcoin fork that’s more undervalued than BTC itself and has the “biggest upside potential” in crypto. But what the fork exactly is he talking about?
Megaupload Founder Kim Dotcom Forewarned Of Fiat Currency Destruction
Megaupload founder and early internet entrepreneur Kim Dotcom has long been a proponent of Bitcoin and cryptocurrencies. Years ago, long before record fiat money printing became the theme of 2020, he warned of the eventual crash of the dollar and proposed cryptocurrencies and gold as a way to protect against what is to come.
He said as far back as August 2018 that an economic crash was coming “100%” and he was right. Come 2020, the economy did crash and the dollar is on the ropes.
He also claims that he arrived at that decision because he’s building “new tech” that he is “confident will be used by hundreds of millions of users.” And the only way to provide the best user “experience” is to choose BCH over BTC.
Admittedly, there’s some truth to his point. The reason for the BCH fork in the first place was to improve upon the OG cryptocurrency’s transaction speed, fees, and scale.
It is hard to believe that there’s more upside potential for BCH as a result when dozens of altcoins do the same job even faster, and Bitcoin Cash is so far behind BTC. But then again, Kim Dotcom has been correct about so many things related to crypto, why would he be wrong now?
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