Political activist Kim Dotcom has officially joined the Bitcoin cash community. Its goal is to make Bitcoin Cash the leading digital payment solution in the world.
Kim Dotcom is an internet entrepreneur with German and Finnish citizenship. He was born as Kim Schmitz in Kiel and achieved fame above all as a diverse active hacker and operator of the sharehoster Megaupload. He currently lives in New Zealand.
To Bitcoin Cash (BCH) on Twitter
Dotcom announced its „joining“ to Bitcoin Cash via Twitter . It said:
I hereby officially join efforts to make Bitcoin Cash the world’s leading electronic money solution.
In doing so, I will be helping to accelerate the use of BCH in the real world and through online retailers and to expand the user base.
I know how to do this. Participate.
When asked on Twitter why he supports Bitcoin Cash, Dotcom replied :
Because it works. Low fees, fast transactions, easy to use and secure. I’ve looked at all cryptos for my upcoming innovations and Bitcoin Cash meets all requirements.
Bitcoin Cash has already been implemented by more than 100,000 merchants and their number is growing rapidly.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency that was created in 2017 by a fork of Bitcoin. The aim of the spin-off was to make Bitcoin Cash faster than Bitcoin.
Bitcoin Cash currently ranks sixth in terms of market capitalization on the list of the largest cryptocurrencies.
This is how Dotcom wants to advance Bitcoin Cash
According to Dotcom, he wants to use his network and the power of “Genius Marketing” to promote Bitcoin Cash to the general public better known and more popular than all other cryptocurrencies.
At the same time, he added that Bitcoin (BTC) works better as a store of value. Bitcoin Cash is better suited for online payments.
On January 4th, Dotcom announced that its content monetization service “ K.IM “ would use Bitcoin Cash. Everyone should be able to manage, protect and sell digital content via K.IM.
The reactions of the other Twitter users to the current announcement were mixed. About a third were pleased, a third had questions and doubts, and the last third thought the prospect was ridiculous. Some of the comments pointed to other cryptocurrencies that served the same purposes as Bitcoin Cash, only better. Above all, Nano (NANO) was mentioned.
Dotcom did not take part in these discussions, but stated that the winners of the „crypto race“ would be determined on the basis of usage.