It is said that cryptocurrencies cannot be printed. Force is denied. Bitcoin Cache is an example of how you can print bitcoin.
Like many other forks (even later Bitcoin Gold), Bitcoin Cash doesn’t seem like it’s just a jump in the cash article. His creation was guided by the notion of the creator of Bitcoin and the notion of being faithful - Satoshi Nakamoto.
There are a group of very loyal, sometimes fanatical, supporters of this project who believe the Bitcoin core should stop existing. According to them, Bitcoin Cash is a real bitcoin.. Going into this debate, can we look at Bitcoin Cache from the sidelines?
This is a way of payment. In this case he wanted to be better than Bitcoin, fixing its gaps.
How does it work?
Bitcoin Cash is faster than Bitcoin today but there are many faster cryptocurrencies to pay. Beech transfer costs are much lower in the case of Bitcoins, but they do exist with free transfer. BCA will not pay in many places, even the average daily number of transactions performed using BAC is even less than half of the cases litecoin (compared to dogecoin bitcoin cash people are willing to use it).
Where, then, is the high capital market of bitcoin cash?
Thanks to loyal followers, probably millionaires, who announced that they had changed their Bitcoins to Beech and changed the recent upward wave, through which they tried to connect with many investors who were so-called caught. FOMO (Fear of disappearance - means fear of what goes beyond us).
At the moment, BCH does not seem to be the best investment. It should be considered as an authentic speculative asset. In the long run, I consider it a risky investment. There is no revolutionary future-proof solution behind this and the quality of use is very limited.
Among older users, faithful to the ideas, there is a great feeling for this currency because it supports the idea of decentralization and has a name, not WikipediaLitkin or Dogakin. Name Bitcoin Cash The main asset of cryptocurrency will not let him die so easily and will not give any advantage in the battle for public recognition Payment medium