BCH , Pakistan & Current Scenario in Ukraine
26-02-2022
BCH is P2P electronic cash with almost zero transaction fee , high speed & accuracy. BCH is best for utility when time matters.
According to "bitcoin Jesus" ( Roger ver) BCH is more useable due to its bigger block size which allows more transactions in no times.
Since 2009 till today BCH has great journey in difficult times as the opponent never wants it to be a "acceptable" labels. They always try to proof it as dumb , useless , worthless , shit coin. The paid accounts on different social media especially twitter & Facebook beating the cyclandar of negativity about it.
But reality is the adoption of BCH increasing day by day. The merchant power , users , store value and use value getting new heights every day. A massive adoption wave is going on and the adoption points touching to 12500 in figure. BCH is amoung the most popular assets of Crypto which reflects in a current survey that 34% of people wish to have BCH in portfolio.
Pakistan.
Pakistan is far away in race of adoption of BCH as USA , Slovenia , UK , Venezuela , India and other countries leading the race. But Pakistan , unfortunately, has many hurdles in it . Our youth is keen intrested and doing enough engagement with Crypto adoption and Stands in 3rd of 2021 list . But the government officials has worst mindset about it .
Still I am happy that the adoption and use value increasing slowly. People accepting it on grocery store , medical points and restaurants as payment method. The scaling measures and awareness in ordinary people can force government also to legalise it officially.
Current supreme court jurtification giving me hope in which they orders PTA to look this matter with PM and cabinet and submit a unanimous decision within three months. Glad to know that it's first meeting held a week ago and all the members of committee were agreed on one point that we must walk along the international community. It is first green signal ever by senior officials.
Scenerio in Ukraine.
Another unfortunate thing happens in the area that Russia invaded Ukrainian sovereignty and drop his troops in the land of Kiev. Ukraine central bank stops all kind of electronic cash payments including Crypto. (News sour)
It is a setback for the adoption but as I understand in wars people found always safe heaven for their assets and BCH is best asset to Carry with , anywhere , anytime. So we are looking spike in crypto business due to this logic. But if scenerio goes more worst and other countries also falls in war then it will be a difficult to say about the certainty of the Crypto over all and especially in my region.
BCH is unstoppable due to its effectiveness and efficiency. Now or later every one will realise it .
( All are author's personal views)
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I had been to Kiev, Ukraine in October 2016. It is a beautiful place to live. The seed of the problem was (most probably) initiated by the "big boss" when they disintegrated the former USSR in the early 1990s.