Imagine if two of the top blogging platforms in the world both paid out in Bitcoin Cash!
I have blogged on Publish0x for over a year now, but just today they announced that they can not make payouts at their usual time. Publish0x is highly trustworthy, and this is the first time I have ever heard about them not making the weekly payout. So what happened?
Ethereum fees happened.
I know this is a BCH site, but if you don't know about Ethereum, one of the key problems with it is the high fees (also called "gas"). Demand for Ethereum and the numerous ERC-20 tokens it has spawned has increased so much recently that the network has become crowded. This has led to higher fees. These fees are now so high that, as Publish0x says, they would lose too much money in fees to payout as regularly as they try to.
This really isn't Publish0x fault, since they can't control what the fees are, but they are looking for ways to fix it. They have always only paid out ERC-20 tokens, including Ethereum itself. Here is where Bitcoin Cash (BCH) has a HUGE opportunity for growth. They are considering adding non-ERC 20 tokens for the first time ever.
Just to be clear, Publish0x is a larger site than Read.Cash by number of users, at least based on the views I can get. I frequently get between 500-1,000 views per article. They are currently taking suggestions from the community on this article's comment section about what they should do.
Imagine if we could get them to add Bitcoin Cash to their possible payouts? If we could do that, the demand for Bitcoin Cash would increase dramatically, since it would be used on two of the largest crypto-based blogging platforms in the world! This would also introduce a whole new community to Bitcoin Cash. This would be great for the value of Bitcoin Cash, the community around it, positive media attention, and the importance of Bitcoin Cash to the advancement of cryptocurrencies as a whole.
This represents a sudden and important new opportunity for us to increase demand and use for BCH.
I do not endorse brigading by people who are not genuinely interested in Publish0x as a platform, but for those of us who want to see the site do well, and support Bitcoin Cash, I highly recommend leaving a polite comment supporting BCH on this article: https://www.publish0x.com/publish0x-official-blog/announcement-payouts-delayed-due-to-extremely-high-eth-gas-f-xjjljwl?a=pnel78MdKB&tid=rc
Again, please make these comments respectful. I have been using the site for over a year, so PLEASE don't make me look bad for doing this. 😂 Especially mention if you'd be more likely to be active on the site producing content if they supported BCH.
If you need to join the site so you can make a comment, please sign up here with my referral link. It doesn't take anything from you to use the link, but it helps me get a small bonus. The site pays for all tips itself, so you can tip for free and even keep part of your own tips. The site is genuinely great to use, and you can cross post there to make more money than you do just posting here, so why not join? To join Publish0x follow this link: https://www.publish0x.com/@LeftAntiPC?a=pnel78MdKB&tid=rc
If you are reading this but are somehow not already a member of Read.Cash, follow this link to join: https://read.cash/r/AntiSJWLeft