Banks vs bitcoincash (BCH)

There are many advantages between making use of banks and using cryptocurrency as a mode of payment,the differences are numerous but I would try my possible best to list those which are the main points for us to choose crypto over banks.

1.Transaction fees:mere looking are businesses today we can't do without making transaction whenever customers arrive in our stall,the rate at which bank charges us for making transactions are really high and most times for receiving money into our various banks the banks charges us some fee for receiving which isn't suppose to be so,I am also a bank user and whenever I make transaction they do charge me higher fees and deduct some money for alert notification they are sending to us.

Advantage of using Bitcoin cash in our daily life is going to reduce those fees and our transactions are going to go smoothly and fast with no high fees,I remembered vividly on an occasion when someone sold 1 BCH to fiat and the transaction fee was just 0.04 cents which wasn't upto a dollar.

2.Banks network sometimes aren't friendly as most times we might want to make some quick transaction but that might be the time the bank would have problem and you might loose some amount of money though.

Advantage of using BCH is far better cause we can control our money and can make transactions at any time we need it and with ease.

3.For you to be able to transact higher banks would require some Identity verification which sometimes takes some time for us to get it done and that would cost us some money to provide them.

Advantage of using BCH,we don't need any verification and we can have power over our crypto without any ID verification to transact higher,we can keep crypto worth billions of dollars without being asked for any ID since we can control our digital asset in one wallet.

Those are the main parts we need to note about how BCH can change our country and make it a better place for us to do businesses without any limits.

We need to join hands together in order to spread the awareness of BCH to people out there, let's play our role in onboarding merchant there's no one to loose if we can do this as it would give us the privilege to be able to spend our BCH in stalls that accepts BCH or hotels.

Onboarding merchants doesn't require much support,you just have to have some good knowledge of how it works so you can be able to defend yourself if you are being questioned by your merchants.

The merchants have all to gain for accepting BCH in his/her business as he would gain some amount of Satoshi if he/she doesn't spend the BCH the same time he/she received it from his customers.

Let's support the growth of BCH so that we can also benefit from it when it becomes our means of payment, let's remember we are all satoshi, let's play our role to take this country into the brighter side.

Check our my beautiful sponsors,they are the ones giving me the vibes to be here.

Thanks @happyboy and @foryoubtc09 for the sponsorship,it means alot to me..more BCH to your wallet.

Thanks for reading.

11-05-2021

8.02pm

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