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You are here: Home / News / Tim Draper Garners Backlash After Exhibiting Support For Bitcoin Cash
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Tim Draper Garners Backlash After Exhibiting Support For Bitcoin Cash

September 5, 2020 by Sahana Kiran

The crypto industry started with just one coin, Bitcoin. As years progressed several other coins entered the crypto-verse. The crypto market is currently home to thousands of coins and each coin has its own fan base or enthusiasts. Even Bitcoin forked into Bitcoin Cash and claimed to be the original king coin. However, several members of the crypto ecosystem still remain against the coin. Venture Capitalist, Tim Draper was recently subjected to tremendous backlash from the crypto community for expressing his support for BCH.

“You Tagged The Wrong Roger!”

On Thursday, billionaire Tim Draper went on to share a tweet about his most recent purchase of Bitcoin Cash via Bitcoin.com. Not long ago, Roger Ver aka Bitcoin Jesus rolled out, the cryptocurrency exchange Bitcoin.com, Draper went to laud Ver for his innovation. The tweet read,

“I recently purchased some BCH. So easy to buy/use. Go to http://Bitcoin.com. Thank you @rogerver_cash for this innovation. #bitcoin #BitcoinCash”

While the BCH community was overwhelmed on garnering support from Draper, the others didn’t seem to be very pleased with the same. An array of tweets flourished through the billionaire’s comment section dissing the former tweet. Crypto Twitter laid out theories on why Draper would have tweeted in support of the altcoin. While some believed it was a paid tweet, a few others suggested that Draper’s account was possibly hacked.

Tim Draper has been a huge supporter of the crypto industry. The billionaire even intended on extending his support for crypto startups in India after the country’s Supreme Court quashed the ban on cryptocurrencies. Draper has a profuse history of aiding several crypto projects.

Bitcoin Plebeian John Carvalho didn’t seem to hold back and commented on Draper’s post. His tweet read,

“Even you must realize how retarded you sound here. You even tagged the wrong Roger…”

Despite this, Roger Ver went on to express his gratitude to the billionaire for his support. Ver tweeted,

Thank you Tim.
Bitcoin was always meant to be cash. https://t.co/InMNsibsF2

— Roger Ver (@rogerkver) September 4, 2020

Regardless of this endorsement, Bitcoin Cash [BCH] continued to plummet along with the entire crypto market. After being overtaken by Chainlink’s LINK, in terms of market cap, BCH recorded a 7.7% drop in its price over the last 24-hours. During press time, the coin was trading at $216.45.

Filed Under: News, Altcoin News Tagged With: Bitcoin Cash (BCH), Roger Ver, Tim Draper

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