10 sats \ 1 reply \ @k00b 10 Sep 2022 \ on: AMA - Ray Marceau, CEO of Purse.io bitcoin
At one point your website prominently displayed Bitcoin Cash. Can you speak to how your company picked sides during the blocksize wars? Have you changed sides? Is Bitcoin or Bitcoin Cash the real bitcoin in your mind?
Purse had two options when Bitcoin Cash forked in 2017. We could have kept the Bitcoin Cash for ourselves and cashed in like a lot of other companies did. Or, we could enable wallet support and deposit the Bitcoin Cash into the rightful owners’ accounts. We chose the latter and still believe that was the right thing to do for our customers. There was a period of time when BTC transactions were cost prohibitive for some of our Shoppers on Purse who operate on thin margins. Lightning’s low fees is a major reason why we’re so excited about the future of Bitcoin. Bitcoin = BTC
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