But that’s exactly what happened when two Bitcoin ‘celebrities’ went head-to-head in front of dozens of onlookers at the CoinsBank Blockchain Cruise. The four-day event ran from September 7th to 11th, ferrying cryptocurrency fans around Barcelona, Monaco and Ibiza amid big industry figures like John McAfee, the antivirus inventor turned cryptocurrency advocate. Bitcoin developer Jimmy Song and Bitcoin.com CEO Roger Ver, AKA ‘Bitcoin Jesus,’ were supposed to debate the merits of Bitcoin vs. Bitcoin Cash, but in mere minutes, the event went south.
Bitcoin developer Jimmy Song and Roger Ver, AKA ‘Bitcoin Jesus,’ were supposed to debate the merits of Bitcoin vs. Bitcoin Cash, but in mere minutes, the event went south.
WHAT IS BITCOIN CASH?
Last August, Bitcoin, a type of digital currency, was forced by users to split into two, also known as a hard fork, largely as a result of slow transaction speeds. The hard fork led to the creation of Bitcoin Cash. Since its launch, Bitcoin Cash has received mixed support from investors. Some Bitcoin Cash advocates, such as Ver, prefer the digital currency due to its comparatively lower transaction fees, faster transaction rates and ability to scale with its growing user base. On the flip side, Bitcoin diehards believe it is the most valuable cryptocurrency and deny Bitcoin Cash advocates’ claims about it being plagued by slow transactions and high fees.
In a recording of the 40-minute debate, a cowboy hat-clad Song takes the stage behind a podium that’s poolside, facing an audience of swimsuit-wearing men and women. Song, who was there to argue on behalf of Bitcoin, proposed a ‘Lincoln-Douglas style debate’ – a one-on-one debate modeled after those held by Abraham Lincoln and Stephen A. Douglas. However, within 20 seconds of his speech, it was clear that wasn’t going to happen.