Bitcoin Cash is Causing an Influx of New Investors to Cryptocurrency

Sam Lee is the founder and CEO of Blockchain Global Limited, which was recently selected to power the first dedicated cryptocurrency exchange platform for the NEM Foundation. He is a pioneer in Bitcoin mining, exchanges and investments as well as an industry leader.

Learn how to buy Bitcoin and Ethereum safely with our simple guide!

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Sam sat down to talk with Finance Magnates earlier today about his work with developing the global blockchain ecosystem, and much more. The interview was broadcast live and a video recording is available here:

As it is the hot topic of the day, we naturally could not avoid discussing the situation regarding Bitcoin Cash, which was created due to a fork in the blockchain yesterday. Sam holds a rather positive and business minded view of the new token, indicating that market demand should dictate if exchanges and other service providers should accept Bitcoin Cash, and not ideology.

Interestingly, he also said that there are already early indications that this is the case due to an influx of people interested in joining the cryptocurrency market due to the news of the split.

Background

Blockchain Global Limited is Australia’s leading provider of distributed ledger infrastructure and blockchain technology expertise. Its services include Bitcoin mining, blockchain management consulting and incubator programs.

Blockchain Global assists corporations and startups to understand and harness the power of blockchain technology through leveraging its IP and know-how. Blockchain Global’s ACX is Australia’s largest bitcoin exchange by volume with over AUD $600million bitcoins traded to date.