In an unexpected turn of events, the pro-Bitcoin community’s planned legal action against Bitcoin.com has been scrapped. MoneyTrigz, a key figure in the movement, announced the decision via the group’s Telegram channel on May 3, one week after they first rallied against the controversial site run by Bitcoin Cash advocate Roger Ver.
The Backstory: Why the Fury?
The beef started when members of this community felt that Bitcoin.com was blurring the line between Bitcoin (BTC) and its derivative, Bitcoin Cash (BCH). Allegations of intentionally misleading buyers were thrown around, with critics accusing the site of a deceptive identity crisis that would make even a magician blush.
Initial Plans: Lawsuit on the Horizon
On April 27, the group launched a website primed to collect claimants and donations for a lawsuit against the perceived wrongdoing. This was akin to a youth soccer team preparing for a championship match. But alas, their fundraising efforts fell short. With only $3,700 raised—thanks to 31 well-meaning crypto enthusiasts—the lawsuit dreams faded faster than grandma’s casserole after Thanksgiving.
The Refund Fiasco
MoneyTrigz spoke to supporters, stating they would refund the donations, amounting to a mere 0.39 BTC. “Look, we appreciate the support,” he shared, “but $3,700 won’t even cover the legal coffee runs!” The refund initiative seems to be a friendly gesture, underscoring that no one walks away empty-handed—except perhaps Roger Ver’s ego.
Changes Already Implemented
On a more positive note, the mere threat of legal action prompted Bitcoin.com to make significant changes. Influential figures in the crypto community noticed these changes, including Litecoin creator Charlie Lee. He took to Twitter to sing a different tune: “I retract my statement calling the lawsuit stupid. Roger has made changes to the site by labeling ‘bcash’ correctly as ‘Bitcoin Cash (BCH).’ So, there’s that!”
The Ongoing Battle: BTC vs. BCH
This saga highlights the continued rivalry between Bitcoin and Bitcoin Cash since their split in August 2017. Advocates argue that BCH offers better scalability, while the BTC loyalists maintain that their beloved coin is the true king. It’s like watching a soap opera—drama-filled and full of twists, where everyone has a stake in the outcome.
In conclusion, while the lawsuit may have been canceled, the movement’s impact is palpable. Whether you’re Team Bitcoin or Team Bitcoin Cash, one thing is for sure: this financial drama is far from over!
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