Robinhood Delists Bitcoin Satoshi’s Vision, Bitcoin Maximalists Celebrate

 12. January 2023      
 Allgemein   

• Robinhood Markets has announced the removal of Bitcoin Satoshi’s Vision (BSV) from its platform.
• The removal follows Bitfinex’s delisting of BSV in late 2022 and Binance’s delisting in 2019.
• Bitcoin maximalists have celebrated the news, calling BSV “fake bitcoin”.

On January 12th, 2023, Robinhood Markets, a leading U.S.-based financial service provider, announced the removal of Bitcoin Satoshi’s Vision (BSV) from its platform. The delisting will be effective on January 25th, 2023, with other digital currencies remaining unaffected. Unfortunately, this is not the first time BSV has been removed from a platform; on December 29th, 2022, Bitfinex delisted the currency, and in 2019, Binance made a similar announcement citing a variety of factors.

The news of BSV’s delisting has caused quite a stir in the cryptocurrency community, particularly among the Bitcoin maximalists who have vocalized their gratitude for the removal. They have taken to social media to express their joy and even mock the currency, calling it “fake Bitcoin.”

The delisting from Robinhood follows months of controversy surrounding the currency. In December 2018, only a month after its creation, a user showed that BSV was vulnerable to 51% attacks, which could potentially lead to double-spending. These issues, combined with its lack of development, have caused many to question its legitimacy as a cryptocurrency.

Despite the negative attention, BSV still has its supporters. Some claim that the currency is being unfairly targeted and believe that it still has potential. However, with its removal from two major exchanges, it appears that the currency’s future is uncertain.

Only time will tell whether or not BSV will survive the delisting. Until then, traders and investors can still purchase and sell the currency on Robinhood until the deadline. After that, any remaining tokens will be converted to “Robinhood buying power” and credited to their owners.