News CoinMarketCap Removes Misleading Website From its Bitcoin Page

CoinMarketCap Removes Misleading Website From its Bitcoin Page

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There is no shortage of drama in the world of Bitcoin and altcoins. CoinMarketCap is the primary site to check on coin values and market caps at all times. The team has made an interesting decision by removing one of the “official” websites associated with Bitcoin. Considering how that platform heralds Bitcoin Cash as the real Bitcoin, such a decision was forthcoming.

In the world of cryptocurrency, there is only one Bitcoin. A rather simple statement, but one that is anything but simple to put into practice. In theory, all altcoins are derived from Bitcoin, since BTC was the first cryptocurrency of its kind. Even so, that statement may not necessarily hold up either.

A Justifiable Decision by CoinMarketCap

Some fans of Bitcoin Cash are going quite far in this regard. Referring to Satoshi Nakamoto’s whitepaper as the Bitcoin Cash paper is certainly controversial. These same people also swear how BTC is an experimental fork with no plan of action. Shenanigans like these have been going on for some time now.

There are also sites using the Bitcoin term in their domain name to dilute the truth. One of those sites was previously listed on CoinMarketCap. More specifically, CoinMarketCap displayed it as one of the two official sites regarding BTC. The name of that site would indicate that to be correct. In reality, they portray Bitcoin Cash as the real Bitcoin, which is factually incorrect in many different ways.

As such, CoinMarketCap now removed this website on the Bitcoin page altogether. It was coming for some time now, as confusing novice users serves no purpose. Bitcoin Cash is successful as an altcoin, whereas Bitcoin is successful as Bitcoin. There is no reason to mix up the two now or in the future. More and more people take an aggressive stance against this dilution. It is a direly needed change too as things are genuinely getting out of hand.

Header image courtesy of Shutterstock

Tags: bitcoin, Bitcoin Cash, Coinmarketcap



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CoinMarketCap Removes Misleading Website From its Bitcoin Page
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