Vitalik Buterin and Erik Voorhees support Binance’s decision to delist Bitcoin SV
The world’s largest cryptocurrency exchange, Binance, made a sudden decision to delist Bitcoin SV (BSV). Prior to delisting BSV, Binance’s CEO, CZ, had warned BSV creator Craig Wright, to not call himself Satoshi or sue people. But after Craig Wright sent a legal notice to Podcaster Peter McCormack, CZ decided to delist BSV from Binance. The delisting immediately caused BSV to go down by 21%.
The move was welcomed by the community. Everyone praised Binance and CZ for doing what was necessary. After the delisting, Erik Voorhees followed suit and announced they would be delisting Bitcoin SV within 48 hours.
Vitalik Buterin replied to a comment on Nic Carter’s (@nic_carter) thread stating he completely supports Bitcoin SV delisting. Tyler Winklevoss, founder, and CEO of Gemini exchange took to Twitter to say that they never supported Bitcoin SV in the first place.
It's possible to agree fully and strongly with this and at the same time fully consistently support #DelistBSV
Maybe I should write a blog post soon on free speech ethics… it's a topic that seems to confuse pretty much everyone.
— Vitalik Non-giver of Ether (@VitalikButerin) April 15, 2019
Community divided
The cryptocurrency community, in general, supports Binance in the decision to delist Bitcoin SV, but some are wondering as to how much power the world’s largest exchange holds. Bitcoin SV’s price has dropped by 21% and it is predicted it may go down further.
Furthermore, people are thinking as to was it the right decision of Binance to delist Bitcoin SV. Their argument is that by delisting BSV, Binance is attacking the Free speech of founders.
If fraud from the chief promoters is sufficient reason for a delisting from Binance… almost everything should be delisted
— nic carter (@nic__carter) April 15, 2019
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.