Why does Bitfinex support scammy Bitcoin Gold over Bitcoin Cash?
Bitcoin Gold is a fork of Bitcoin (more of an actual snapshot though, they don't share a genesis block) with a huge premine given to the "devs". They've also linked to a wallet on their website that steals users funds. Everything about this coin is shady.
Bitcoin Cash is a fork of Bitcoin that has huge support among users, shares the same genesis block as Bitcoin and has three separate development teams working on it. Many see this coin as the true bitcoin after the Bitcoin Core devs failed to increase the block size after years of demand for it.
So why does Bitfinex choose to list Bitcoin Cash as "Bcash" and not Bitcoin Gold as "Bgold"?
@bitfinex Why are you using the incorrect name for #BitcoinCash, but you use the correct name for #BitcoinGold ? Shouldn't it be named #BGold by your own standards? pic.twitter.com/vIkt6RBogk
— REVOFEV (@revofever) November 21, 2017
Every supporter of the coin knows the official name for Bitcoin Cash is Bitcoin Cash. Bcash was actually a term coined by Bitcoin Core supporters in an attempt to disaffiliate it with the name Bitcoin. The main moderator of /r/bitcoin (a huge censorship-loving Core supporter) indirectly grabbed the subreddit /r/bcash and points everyone from /r/bitcoin there instead of the main Bitcoin Cash subreddits /r/bitcoincash and /r/btc. So why is bitfinex going along with all this?
Clearly they have a conflict of interest here, seeing as they are investors in the for-profit company Blockstream. And Blockstream employs a lot of the Bitcoin Core developers.
Just another reason to not use Bitfinex.
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