BitcoinCash is not Bitcoin to Cash

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Money is a means of payment, all of which must know and of course, everyone also knows how to use money correctly and is also useful according to its function. If it is said about the meaning of money, it means that the definite clarity is the ease of use, acceptance in use, speed in use, benefits in use, as well as security in use.

Image by Steve Buissinne from Pixabay 

If you say ease, acceptance, or use, it is indeed included in the language of benefits, of course, and the final supporting factor is security for the users. Then the word benefit covered contains the meaning of fulfilling the problem of everything. Such as payment factors, investment factors, adoption factors, change factors, technological factors, and all other factors that will include the meaning of the means of payment.

Image by Steve Buissinne from Pixabay 

BitcoinCash is not just a Bitcoin that is converted to cash when you make a profit. If we talk only about the benefits that are poured out like that, then it is only in the form of an asset that is not worthy of being called a means of payment. Fulfillment too much lacks in the need for means of payment.

https://bitcoincash.org/

Then all will say the word profit and also the achievement of the intended success word. Of course, it contains stability and well-being individually and globally. Is it true that it will cover all of that if the formation is too high, the expected expectations are only in the form of an exchange rate that leads to a large increase.

So this raises the classic question where the real economic factors apply when asked about the problem of the purpose of using the means of payment.

If the issue of such a goal is still enforced, won't it continue that economic existence can only be controlled by people who have power, finances, and also greed?

Crypto is still very vulnerable to volatility, which is a major problem factor in its formation as an alternative means of payment. The presence of the problem of stablecoins may be considered a solution, but if taken further it still means the similarity with the existence of a currency that is recognized by a country. A good cause might be a 1:1 comparison in creating the existence of stablecoins, but isn't that tantamount to establishing an alternative currency that exists for the game in trading the value of cryptocurrencies that are in such a volatile state?

BitcoinCash is also included in the crypto category that has such volatility conditions, and the issue of exchange rates also gives the same meaning as other cryptocurrencies. However, the existence of other cryptocurrencies does have a basic level of similarity that aims at the same issues of security, speed, convenience, and low cost to be implemented as an alternative distribution tool that can be adopted properly and correctly.

Maybe there are some who have the same goal, but if disclosed it is still too far to be accepted and adopted as BitcoinCash developed to fight for the issue of a means of payment that really can be adopted by everyone. Imagine what if the place of exchange was abandoned by all investors and what would be the use of the need for value attainment of exchange rate problems that were only pursued or sought after?

Then there will be people who ask that it also applies of course to BitcoinCash, right?

The short answer that clearly answers the difference is a matter of ADOPTION. Where adoption in thought as a means of payment is not just an exchange rate or a new asset. This is what distinguishes it from the others and is prioritized by BitcoinCash developers every second. Conditions that truly strive for goals as a form of payment instrument for the global community. Not only as an alternative but also as a legal and acceptable means of payment by the world community.

The most unfortunate thing in the crypto world is that I often see and read posts like this, "Take your own risk". It's really a pity, isn't it? Where it should be that if the goal is the improvement of the economy for every individual shouldn't it say "There will be guaranteed protection for everyone." So with such a statement, it will guarantee that there will be no use of ignorance, deception, fraud, and crimes that can happen.

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Comments

I hope that adoption would happen soon. That bitcoin would be a convenience not risk.

$ 0.02
1 year ago