Bullish On BCH

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Avatar for BlocKade-Crypto
1 year ago
Topics: Bitcoin Cash, Life

In the pecuniary cold of this crypto winter, I'm still very bullish on bitcoin cash (BCH). Not just concerning price action, but all the useful stuff that would correspond with bullish price movement in BCH: its burgeoning adoption, its utility, its near-nil transaction fees, and the Bitcoin Cash protocol community.

This crypto community includes the dedicated developers, passionate enthusiasts, BCH evangelists, and the users/customers/merchants that are providing real-world examples and use cases of how BCH can work as a low-friction peer-to-peer (P2P) cryptocurrency (how bitcoin is supposed to work). It's worth noting that many of the places where adoption is growing fastest have one of two scenarios:

  • A bad economy and/or a hyperinflationary fiat currency that drives users to BCH and other useful cryptocurrencies

  • A dedicated group that is promoting Bitcoin Cash protocol usage for citizens and businesses

BCH Adoption from the Caribbean to Australia

In addition to economically-deprived and destitute regions, it's worth noting that BCH usage hotspots tend to first pop up - and then exponentially grow - in an area with perhaps just a few people promoting "BCH Accepted Here" campaigns in local neighborhoods and business districts. We're seeing hot spots in the Caribbean, in Australia, and all over the world. I can't wait until these localized hot spots expand to cover the globe.

Remember when BCH tested USD 4,000?

I used to passionately push BCH usage with merchants in my area of New England with limited success. I plan to redouble my efforts this summer and hopefully can find some local restaurants and bars that are willing to test the waters and give the simple onboarding process a go.

Until then, I guess I'll have to make more crypto pilgrimages to the U.S. hotspot that in N.H., the "Live Free or Die" state. I'm having strong "Crypto or Die" vibes these days (this is a joke, HODLers). Recently, I was notified by one of my long-term contract positions (primarily as a crypto and technical writer) at a well-known centralized exchange (CEX) that my contract won't be renewed next month. While they were a good client that paid well, I'm looking forward to the opportunity to possibly work at an even more crypto-native company, perhaps one that will even pay me in crypto! Is that too much to ask?

I personally think it's a good look when crypto-native companies pay in crypto, and when crypto conferences accept crypto for tickets, booths, etc. If the industry itself isn't with the crypto program, how will other industries perceive us? How will they want to accept crypto when they see the industry itself is not practicing what they preach?

"See you on the blockchain, y'all"
-a crypto friend of mine (that will remain anonymous)

â‚¿locKade has been flexin' on NoCoiners since 2016...

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Avatar for BlocKade-Crypto
1 year ago
Topics: Bitcoin Cash, Life

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