Challenges that Bitcoin Cash needs to face
Negative perception. Bitcoin Cash has a negative perception among some crypto investors and users. This is due to its history as a result of a hard fork of Bitcoin.
Bitcoin and Ethereum are still the most popular and dominant cryptocurrencies. In this short time, it is very likely that Bitcoin Cash will still find it difficult to beat these two coins.
However, if Bitcoin Cash can overcome this one biggest challenge, then Bitcoin Cash has the opportunity to become a trend setter in the crypto world. However, once again the opportunity is small enough in terms of scalability that it can be said that nothing is impossible.
This is not belittling or trying to reduce the capabilities of the language of adoption or denigrate the conditions of Bitcoin Cash's existence itself. Looking at it in terms of etymology and reality, this is what must be faced in order to surpass the existence of other coins today.
It could be said that the following are several factors that are likely to increase Bitcoin Cash's chances of becoming a trend setter or being able to beat the existence of Bitcoin and Ethereum:
- Increased scale of adoption.
If Bitcoin Cash is adopted by more users and businesses, then it will have a greater chance of becoming a trend setter.
- Development conditions for new features.
It cannot be denied and it is clear that Bitcoin Cash has developed new features that are very interesting for users and businesses, such as smart contracts and decentralized finance. However, once again the contradiction between development, adoption and marketing is still the most important key that must be prepared to be faced. So it seems that the development of new features in the Bitcoin Cash community does not seem to be big news or at least attract the attention of many big investors.
- Effective marketing procedures.
Bitcoin Cash needs to do effective marketing to increase its awareness and acceptance.If Bitcoin Cash can overcome these challenges and take advantage of these factors, then it has a chance to become a trend setter in the crypto world.
It could be said that Bitcoin Cash marketing techniques are quite capable compared to others, especially since many of them were created or made by big names who really support the existence of Bitcoin Cash. Unfortunately, it is clear and very clear that the problem of internal conflict and also conflict with Bitcoin developers and supporters is still too dominant as something that is always raised or exaggerated. Thus creating a space of separation between the two parties which in the end creates a new or layman's view of a cold war which has negative consequences as a supporter of the existence of the crypto currency world.
Care or not care is indeed very sad when it is brought up or discussed absolutely in an existence that can be said to be growing up. The aspect that needs to be considered is why not try to find common ground on conditions of progress rather than mutually worsening.
Support and reflection plays a big role in getting to the point of adoption, but dealing with it properly and maturely should be done maturely, not childishly. So maybe it can provide a good example to new supporters or other coin supporters about how the conditions of the Bitcoin Cash community can be taken as an example and attract the hearts of others.
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