Roger Ver's Bitcoin Heist
Bitcoin Cash, in it's continuous and desperate attempts to stay relevant, is once again a topic of discussion as Roger Ver went on Info Wars with Alex Jones and got destroyed by callers exposing him for what he is - a fraud who uses cheap gimmick deception tricks to attempt to pass off Bitcoin Cash as the real Bitcoin.
The Logo and Branding Ripoff
Fresh off the forking (Segwit) that birthed Bitcoin Cash, BCash immediately began their crusade to confuse users with a blatant ripoff of the widely recognized Bitcoin logo. The same mark, and until recently the same color scheme was deployed, they simply changed the angle of the 'B'.
Bitcoin Cash is not the first fork or derivative of Bitcoin, but it's the only one that has made such a blatant attempt to confuse and deceive with parlor tricks like this.
Litecoin, for instance, is a perfect example of another fork of the Bitcoin Core client and created its own name, branding, and positioning in the cryptocurrency market. And the founder of Litecoin, Charlie Lee, has always maintained a complementary relationship with the properties of Bitcoin vs. Litecoin.
Buying and Taking over Bitcoin.com and @Bitcoin on Twitter
To further confuse users, Roger Ver and his group of backers acquired the Bitcoin.com domain and along with co-founder and CTO, Emil Oldenburg, have been on a very active and vocal smear campaign of Bitcoin calling it 'useless' and proclaiming Bitcoin Cash as the real Bitcoin. On the homepage of the site, there are countless smear articles targeting Bitcoin.
It's the same story with the @Bitcoin twitter account, as it posts repetitive 'Bitcoin Cash is Bitcoin' tweets about every 3 days.
Causing Confusion and Chaos in the Bitcoin Market
While some might consider these tactics to be nothing more than a harmless marketing takeover attempt, the problem is that real consumers and companies are being duped and getting extremely angry at the entire crypto scene. And ultimately it hurts the speed of global adoption to project infighting and confusion to an already skeptical mass user base.
Overstock.com had a system error that was confusing BCash and Bitcoin and consumers were buying goods at about 20% of the price they should have been paying.
These types of mix-ups that hurt retailers and cause them to slow down their adoption of cryptocurrency as an accepted payment method.