GoDaddy, a leading web domain registrar, briefly listed Bitcoin.com as a domain available for a price of $100 million on Monday. The Bitcoin.com web domain is recently the address of Bitcoin.com, a website owned by Bitcoin Cash leader Roger Ver. He contacted GoDaddy on Twitter and demanded it removes the listing immediately. Roger Ver also stated that the individuals on social media were accountable for distributing the news in hopes of harming his Bitcoin Cash brand by making the coin seem to be at risk.
Further, Roger Ver advocates that the domain listing is fake news and supposedly another example of a indecent attack on Bitcoin Cash by Bitcoin maximalists. He further said that it is similar to when they engulfed every Bitcoin.com email address with spam moving on to this very day. For the uninformed, BCH is the ticker symbol for Bitcoin Cash. It is a fork of Bitcoin that its users think more closely aligns with the asset envisioned in Satoshi Nakamoto’s initial white paper.
Bitcoin.com Faces Brand Issues
The website, which possessed around 7.71 million monthly visits, is owned by Roger Ver, an early Bitcoin adopter who shifted from the original crypto in 2017 owing to high fees and became a proponent of the Bitcoin Cash hard fork. “Bitcoin Jesus” began managing the domain in 2014. After momentarily letting it to blockchain explorer service Blockchain.info and crypto exchange OKCoin, Ver ultimately took over the site himself in 2015. The domain leads users to a web portal that offers industry news, a crypto wallet, an exchange, and other services.
However, Bitcoin.com has been facing brand issues for a while now. The Bitcoin.com website emerged after purportedly identifying Bitcoin Cash as the actual Bitcoin to confuse crypto newbies, with some members of the community warning legal action. Following severe pressure, it begrudgingly updated its solid explorer page in 2018. The @Bitcoin Twitter account has also switched hands in current years, driving more controversy in 2019 as the account’s new owner moved its focus from Bitcoin Cash to Bitcoin itself.
However, Ver pointed on Reddit today that he would not lose the domain in the same way he has lost the Twitter account. Provided that the Bitcoin Cash community’s components are attempting to explain Bitcoin Cash as the true successor to Bitcoin, further branding conflicts may occur in the future. As per CoinGecko, Bitcoin Cash was up 11.3% on Monday to trade at $624.
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