A recent report has shown that Bitcoin.com has laid off 50% of its staff. This was heavily covered by different news outlets. With the news coming out just days away from Bitcoin Cash halving, this was potentially disastrous for the project. The man behind it has sort to reassure holders. Roger Ver has come out to set the record straight. In a Reddit post, he has stated only 10% of his staff were fired.

Roger Ver has pointed out in his post that those reporting that he has let go of 50% in the last year are out to spread FUD. This especially with the Bitcoin Cash halving coming.

He noted;

Bitcoin.com had 84 people as of April 30, 2019, and now we have 76 people in April 2020,

He further explained to Decrypt in an interview that the layoffs were a result of Bitcoin Cashs price crash last year.

Vers response is however suspiciously timed with the halving now less than 48 hours away. This event is seemingly going unnoticed with Bitcoin Cash failing to rally.

Although it is at the time of writing this is up by more than 7%, it seems to largely be riding on the larger bullish wave sweeping the market. In fact, in the top ten, it is being outperformed by other coins such as Ethereum, EOS, and Tezos.

A majority of those commenting on Vers post is critical. The kindest have urged the man behind Bitcoin Cash that his response was unnecessary and Bitcoin.com, the company it is, should work efficiently and not be judged for letting go of inessential staff.

Others have gone another direction, like this one;

Lol, youre such a sleazebag. Comparing only to a handpicked metric. If you compare it to when the first company started you are up by many percentages. Just say how many employees you let go from the all-time high.

Whatever the number, it is clear that Bitcoin.com is not the company it used to be. Much of its glory has been lost and with the Bitcoin Cash halving also turning out to be a slump, if it fails to trigger a rally, and miners suffer a reward cut, this could turn Bitcoin Cash full-blown bearish. In a few years, Roger Vers work in the crypto industry could be in real trouble.

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Roger Ver Contradicts 50% Report, Says Only 10% Of Bitcoin ...