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Bitcoin Cash will overtake Bitcoin – Vinny Lingham

Civic CEO Vinny Lingham has shared his predictions for Bitcoin and Bitcoin Cash on CNBC’s Fast Money[1]. Lingham said Bitcoin and Bitcoin Cash are currently aimed at two different markets, with Bitcoin the better choice for investors and Bitcoin Cash acting as a payment system. He predicted that the demand for Bitcoin as a “store of value” would be outpaced by Bitcoin Cash’s adoption as a peer-to-peer cash system.

“When I look at it from the product standpoint, I think the greater demand is for peer-to-peer cash than for digital gold,” said Lingham.

Bitcoin Cash is a hard fork of the Bitcoin blockchain which has implemented bigger block sizes to enable faster transactions, lower fees, and less network congestion than Bitcoin.

So-called Bitcoin Oracle @VinnyLingham gives his predictions for #bitcoin and #bitcoincash, and plays a game of buy, sell, hodl with the traders pic.twitter.com/a8X0P097Wb[2][3][4][5]

— CNBC’s Fast Money (@CNBCFastMoney) January 25, 2018[6]

Now read: Vinny Lingham’s Civic takes next step after R430-million token sale[7]

References

  1. ^ CNBC’s Fast Money (www.cnbc.com)
  2. ^ @VinnyLingham (twitter.com)
  3. ^ #bitcoin (twitter.com)
  4. ^ #bitcoincash (twitter.com)
  5. ^ pic.twitter.com/a8X0P097Wb (t.co)
  6. ^ January 25, 2018 (twitter.com)
  7. ^ Vinny Lingham’s Civic takes next step after R430-million token sale (mybroadband.co.za)

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