What I hope to see with read.cash
I believe read.cash has the potential to become one of the most important projects in the Bitcoin Cash ecosystem. There is a reason this is the third iteration of this idea being built on top of BCH. First, there was yours.org, followed by honest.cash, and now we have read.cash. Yours went the way of BSV, but at this point in time, honest.cash and read.cash are competing with each other to be the top destination for content creators looking to earn BCH.
So why do I think a site like read.cash is so important? According to Gabriel Cardona, "Bitcoin Cash is digital cash for the internet nation." I think that's exactly right. As important as merchant adoption might be, I think using BCH over the internet is the best way to experience it as "magic internet money". Try sending a stranger on the other side of the planet a nickel or a dime for something they wrote. You can't. But you can send them as little as a penny's worth of BCH, instantly, and basically for free, using the Bitcoin Cash network.
I also think that the read.cash community can be seen as a microcosm of the greater BCH community. We need people to see the benefits of joining this platform or it won't survive in the same way we need people to see the benefits of BCH for its survival. The same applies to the content creators themselves. This platform will allow us to see what the market values in terms of content in a way that wasn't possible before.
If you like to write, draw, create music, or anything others might value, I invite you to join read.cash and give it a try. Why post something on Reddit or Medium or Youtube with virtually no chance of making any money for your efforts, when you could post the same thing here and potentially earn some BCH instead.
And if you're not a content creator? Join anyway. Be a patron to those who create content you find valuable. What if by supporting the work of others, you create value for yourself?
I'm so glad to see read.cash and honest.cash competing in this way, and I'm definitely looking forward to watching how these projects evolve.
May the best builder win.
I agree. And the fact that there are several projects competing to become the best platform with a similar proposal makes it even better. I hope this really drives growth. By the way, I must confess that I sympathize more with read.cash than with honest.cash (soon "Hymm") and his SLP token proposal, although I am not closed to the idea of being surprised in the future by Hymm with a wonderfully model functional and praise its brilliance.
References about the rebranding of honest.cash and its token:
«Honest Cash announces Rebranding and Token Sale»
«We Listened to the Community - the Token Will be Based on SLP Technology»