'Other cryptocurrencies are downright scams...like Bcash''-@jhamel's Testimony to the Canadian Standing Committee on Finance FINA
Hamel had then posted on Reddit prior to giving the crypto testimony, writing, Spoiler: I'm gonna say Bcash is a scam and it's gonna be archived forever in the Parliamentary records (not a blockchain but still...) Donations are welcome,
Looks like Hamel's pandering statement was exactly that. Pathetic.
As another pointed out:
Not to mention the fact that in terms of any governing body trying to distinguish between legitimate tech and true scams, Bcash does not clearly distinguish itself as a 'scam' while leaving Bitcoin legit. Both Bitcoin and Bcash are susceptible to influence by bad actors with enough capital to create a wake. So while assumptions being made about the motivations of actors like Roger Ver might be correct, if you seek to have the government recognize a forked chain of Bitcoin as a scam, how do you anticipate they are going to evaluate the parent technology from which Bcash forked?
The point is there is nothing inherent to Bcash protocol that makes it a scam while Bitcoin is not.