Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions.
Bitcoin forked in 2017, causing a difference in fees and speed
Proponents of big blocks wanted faster transactions at lower cost. Those folks veered off with the BCH side of the fork. Bitcoin Core advocates wanted to keep a lower block size, partly to help BTC remain decentralized.
Roger Ver often argues the transaction fee angle
A well-known name in the crypto industry, Roger Ver has argued the point of fees and usability many times, often lobbying that BTC is too slow, expensive, and unable to scale.
On April 7, Reddit user, Braclayrab, posted that, “If everyone on BTC wanted to move their coins, it would take 165 days.”
“That’s almost six months,” Ver said in an April 9 video response to the Reddit post. “Does that not seem crazy to anyone else.”
Users saw similar difficulties near the peak of Bitcoin’s $20,000 bull run in 2017 and early 2018, when transactions stalled amid soaring fees. Ver has often riffed on the concept of Bitcoin Core being a slow and expensive network, pointing toward BCH as an alternative.
Bitcoin Cash recently completed its halving roughly one month before Bitcoin’s scheduled May halving event.