Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?
The crypto community could be described as a cliquey band of tech enthusiasts deeply loyal to their own projects or favored coins. When something divides them, the reaction is usually as volatile as the markets themselves, and this is exactly what has happened since Binance blacklisted Bitcoin SV.
BSV creator, Craig S. Wright, has made few friends in the
crypto community of late. His constant claims to ‘Satoshidom’ have riled some
of the biggest players in the industry and one of them recently reacted drawing
opinion from all who are involved in the emerging ecosystem.
Binance boss Changpeng Zhao has been engaging in a ‘tweet war’ with Craig Wright for over a week now and it finally came to a head when his exchange pulled the plug on BSV yesterday. The move was hailed by some industry leaders as great step forward for the industry, but others were not so enthralled.
IOHK chief and Cardano co-founder, Charles Hoskinson, was quick to the mark with the digital fist pump instantly calling for others to follow;
US based Kraken exchange is also mulling the shun while ShapeShift CEO Erik Voorhees was also quick to join the movement when he sided with CZ and announced the delisting of BSV from his own platform;