Bitcoincash is “A Peer to Peer Electronic Cash System” If you read the Bitcoin Whitepaper, the title says it all: Bitcoin: A Peer to Peer Electronic Cash System. When Bitcoin hit the scene, it was so exciting because any individual could send money to anyone on the planet…almost instantly, without high fees, and without permission from anyone. It was all about Electronic Cash that was cheap, fast, and secure, and it was all about being able to make payments. Since transaction fees on BTC have skyrocketed, its supporters have moved away from that narrative. They now say that Bitcoin is instead “digital gold”…and that its main use case is that of a “store of value”. Not only have the original values of Bitcoin been abandoned and perverted, but this new party line doesn’t even make sense. If it’s “digital gold” only because people believe it and not because its useful, then how is that any better than a pyramid scheme? Bitcoin Cash continues the P2P Electronic Cash system that is Bitcoin. #BitcoinCash
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