Bitcoin official website administrator Cobra recognizes BCH payment attributes

Yesterday, Cobra, the administrator of Bitcoin.org, the official website of Bitcoin, tweeted: “It feels like going back to the old days of Bitcoin. I almost feel guilty about being so excited about Bitcoin Cash, but payments are very important and Bitcoin Cash is great for this application.

As for who Cobra is, I believe that everyone who knows Bitcoin should have heard of him. Cobra is an early Bitcoin supporter and together with Theymos, he owns the management rights of three websites: Bitcoin.org, r/bitcoin and Bitcointalk.org. It can be said that in the early days of Bitcoin development, if you want to understand it or buy it, you can't avoid these three websites and forums, so some people think that the community has given too much power to managers.

Cobra is given management authority, so he is a staunch supporter and senior participant of Bitcoin. In addition, Cobra is not blindly advocating Bitcoin. He often criticizes the Core development team for the shortcomings in Bitcoin development, especially the establishment of blocksteam and the interference in Bitcoin's technical updates. Cobra has repeatedly pointed out the problems. Regarding the Lightning Network launched by Core, Cobra also tweeted yesterday: "Many people don't realize that if mining is centralized, the security model of the Lightning Network will completely collapse."

As one of Bitcoin's "official spokespersons", Cobra's attitude towards Bitcoin Cash should be harsh and repulsive, and this was indeed the case last year. When Bitcoin Cash was first launched last year, Cobra was worried that Bitcoin Cash would cause community division and that hard forks would affect network security, so it was common for him to mock Bitcoin Cash on Twitter.

As Bitcoin Cash has grown and gained support from a large number of trading platforms, wallets, users, and merchants, Cobra saw the possibility and changed its attitude. In March of this year, it sent a tweet announcing that it would increase its holdings of Bitcoin Cash. Later, it released statements in support of BCH, such as "capacity expansion is better than Lightning Network", but was considered by blocksteam to have its account stolen. On April 1, it posted a tweet saying "Bitcoin Cash is Bitcoin", which was considered an April Fool's joke. Now Cobra recognizes the payment function of Bitcoin Cash again, and the replies to this tweet are still full of voices that the account has been purchased.

Some radical supporters of Bitcoin never seem to be willing to admit any news that is favorable to BCH, nor are they willing to face the fact that Bitcoin Cash is developing. BCH has been working hard to develop itself, and it is strong enough to break all rumors and slander.

BCH positive outbreak

In addition, recently, blockchain research and development company nChain announced the acquisition of a majority stake in BCH wallet provider Handcash. According to nChain, the transaction was facilitated by the company's investment department.

nChain's acquisition of a majority stake in Handcash must be based on Handcash's advanced technology. Handcash allows users to pay on the spot without having to request a specific address or QR code. In addition, it also has "cashtags" and a one-piece wallet backup function. Compared to the QR code that has been used for about 20 years, it is a revolution. It can be said that it truly helps BCH achieve the same experience as cash, or even more convenient.

Fast Money is a highly rated financial program on CNBC, a famous American financial news channel. Recently, Fast Money tweeted that BCH is rising and should be awarded the crown of digital currency.

In fact, this is definitely not the first time that Fast Money has paid attention to BCH. Fast Money has not only praised BCH many times in the show, but also tweeted many times in its Twitter account with 250,000 followers to support BCH. It even invited Roger Ver, a BCH supporter known as "Bitcoin Jesus", to discuss cryptocurrency. Fast Money has compared BCE and BCH many times in the show, and often discussed who would win the Bitcoin civil war, saying that BCH is extremely interesting.

The development of Bitcoin Cash is very good. Both the number of supported merchants and related supporting facilities are growing rapidly. The recent Hong Kong conference was also very successful. Therefore, as a supporter of Bitcoin Cash, I am full of confidence in the future of BCH. BCH is conquering the world with its charm, and in the future, more and more people like Cobra will fall in love with BCH.