By Kenny S - Cryptocurrency Speculator - 25/03/2021
Mark Cuban has stated that he believes Ethereum (ETH) will inevitably outperform Bitcoin (BTC). For Cuban, the ETH 2.0 network update is the biggest selling point and the reason he believes ETH will surpass the crypto coin giant BTC.
Cuban revealed that he owns more ETH than BTC. Mark Cuban, a billionaire businessman, has revealed why he thinks Ethereum will eventually go further than investing in Bitcoin. According to Cuban, ETH will undoubtedly surpass BTC in the future.
Furthermore, Cuban revealed that he now has more money in ETH than he does BTC. Cuban was initially sceptical about the long-term viability of investing in cryptocurrency. Instead, he praised the network's focus on smart contract interoperability and Decentralized Finance (DeFi). Cuban went on to say that he believes that the Ethereum's 2.0 network update would further accelerate application creation on the Ethereum blockchain platform. The update allows ETH to overshadow BTC effectively.
Cuban stated that he believes that the applications, which were based on Ethereum's smart contracts and extensions, will outnumber Bitcoin. Bitcoin trading has grown to be mainly a store of value, and it is tough to use it for anything else. You have to put in a lot more effort with Bitcoin than you do with Ethereum.
Cuban is hoping to see the ETH 2.0 update released in 2022. Furthermore, he stated emphatically that ETH 2.0 would expand Ethereum use cases. When this occurs, it will entice cryptocurrency enthusiasts to use Ethereum as a store of value.
If you are looking to Buy and Sell cryptocurrency you can head over to BC Bitcoin where you can register for an account to start trading today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards