Roger Ver pointed to how having nearly 100x more Bitcoin wrapped for use on Ethereum than in Lightning Network shows LN has been a total failure for scaling BTC.

However, someone in response stated, that it need not necessarily be so. Clarified that LN is just getting started as a technology, Ethereum’s technology has been around for much longer and is much more widely trusted as far as security is concerned Once LN proves it’s security and if Ethereum doesn’t scale and bring down its fees it will be game over.

Many of them feel that it is time to acknowledge reality pointing to how the market has spoken again.  Someone added to these ideas stating, the market also values BTC orders of magnitude more than any other blockchain.

However, many agree that WBTC is an interesting concept. Centralized, but when multiple “banks” issue these WBTC it can still work (semi-centralized), like in the ‘free banking system’ pre 1913. This also looks like too much of focus on Cool Tech than usability and economics.

Someone trying to enlighten stated, actually it shows that the store of value use case and getting yield on that value is more important than a medium of exchange. Therefore that Bitcoin Cash’s whole thesis is now challenged more than ever.

Sydney Ifergan, the crypto expert tweeted:  “No Matter what the Bitcoin Cash (BCH) ideals for propaganda are people are now looking to get more yield. Ultimately, they look at more money.”

Bitcoin Cash (BCH) Roger Ver Propaganda

Roger Ver continues to propagate his ideals.  Bitcoin is the brand that people want. Bitcoin Cash is the technology and user experience that made it popular.

Michael Saylor, Founder and Chairman of Microstrategy stated, “If #Bitcoin is treated as a treasury reserve asset, based on our model, 99.98% of all transactions will be off-chain, and assets-at-risk will be in cold storage 99.92% of the time.”

In response Roger Ver stated, “This system sounds like it would work great! Until it doesn’t.”

The other ideals of Roger continue to prevail, and these ideals are the reasons for why he thinks Bitcoin Cash is necessary.

Bitcoin was designed to be digital cash used to make payments over the internet. There’s no such thing as a free government service. If Bitcoin is not an efficient medium of exchange it’s basically useless for promoting free markets.

Roger is also tired about the Lockdowns, “Health is a state of complete physical, mental and social well-being and not merely the absence of disease or other physical impairment For everyone’s good health, end the lockdowns.”