These two cryptocurrencies brings different purposes to traders , investors and to simple users like me. They have different uses and capacities to each other and that will be our main topic to dig in this article.
As you see the current price of the Bitcoin today. You can say that this cryptocurrency is truly successful and unstoppable. Bitcoin's popularity is still on top to be the most well-known cryptocurrency in every part of the world. But what about it's other side? How about the other side of this coin?..
Well the answer is pretty simple. Of course yes we can use BTC as long as we know how to store and where to get it. But, the users will be divided into two group. The other group can freely use BTC for businesses purposes. I'm referring to those who already have it(Wealthy people like Elon, Investors, Traders, Rich people that can afford to buy it, And those already hodling BTC for future use). And the other group is only in their dreams in able for them to have BTC.Welll let's don't deny the fact that normal or starter users can't easily hold BTC. That's why there were many reason why BTC is cannot be use by many.
Now, let's step on the capacities of BTC in doing transactions and some other simple things. Let's do some side to side bases between BTC and a starter user like me to prove that BTC can't be use by all.
For example, I want to hold atleast $50 worth of BTC . Let's say that it already stored in my wallet. But the problem is the transaction fee when you going to transfer it to other wallets. Sending it without converting to other cryptocurrencies like BCH. 'Cause it can be possibly spent only just for its transaction fee. This is one of the main reasons why BTC is not for all.Another thing is the scalability issue of the BTC. Yes BTC is slower and older compared to BCH and the blocks issues also.
As you can see, read.cash has now almost 50,000 users and I'm sure that 90% of it has BCH hodling in their wallets. Just imagine that number of people is holding BCH in just this platform. How about the other? and the fact that every of these users has multiple BCH addresses created in their wallets to transfer it anytime and being processed in just a second. Amazing isn't it?
BCH has the almost perfect feature that suits every people who wants to try it. I mean BCH don't divide its users. BCH is perfect for all and it doesn't need to become wealthy to afford buying it, you don't need to be Elon Musk, you don't need to become crypto enthusiast , BCH doesn't care about your life status. You can use it as long as you have at least simple mobile phone to store your BCH.BCH don't have the popularity like BTC but it has the ability that BTC can't do.
I must say that BCH can give us the options. We are free to do anything in many different ways. First, we can freely do transactions in a row without minding the transaction fees. Secondly, we can hold even cents of BCH and the fact that we can transfer it anytime. It's transactions speed is faster like flash. We can invest in it even in a small amount or should I say $0.50 is enough to invest in BCH.
This cryptocurrencies has different roles but in today's issue, I confidently say that BTC only has the fame to be the number one cryptocurrency among the other and the fact that Bitcoin is currently worth 57.3% of the entire crypto industry.
BCH has not yet this popularity and price, but people always chose it because of its important purposes for its users. BCH drives its users to the right path with its versatility that BTC don't have. BCH has the consistency, efficiency and reliability and this can be won over popularity.
Yes of course I know, BCH is from BTC but you can't say that BCH is BTC they have big differences and purposes.