What if Walmart invest in Bitcoin Cash (BCH)
Walmart is the richest company in the world, they just invested in Bitcoin Cash and everyone is trying to sink it in.
It's a normal day, you awake and decide to watch television, you come across something very interesting and its CNN channel talking about Bitcoin Cash. The CCN lady is speaking saying "Walmart one of the biggest companies in the United States is now showing interest in Bitcoin Cash"
Immediately after seeing this you quickly get your credit card to buy some Bitcoin Cash knowing that the value is about to skyrocket. But not everyone believes the news at all. Many people that heard the news are saying why Bitcoin Cash instead of Bitcoin.
News media begin to question the Walton family who is the owner of Walmart why they have decided to invest in Bitcoin Cash. 10 days after the rumors that Walmart is about to invest in Bitcoin Cash, the CEO of Walmart, Doug McMillon gets interviewed by CNN and CCN.
In the interview, he is asked why did the company decide to invest in Bitcoin Cash. He replies saying: "Bitcoin Cash is a better alternative to use when we think about the fees and speed of Bitcoin Cash I would say our customers would have a good experience." after the interview which was streamed on live television the value of Bitcoin Cash started to skyrocket and it's now very clear that this is not fake news. A lot of top news media begins to talk about Bitcoin Cash which begins to increase its popularity drastically.
60 days after the interview with Walmart CEO Bitcoin Cash is now supported in 11,510 locations around the world. Anyone can now shop in Walmart various locations using Bitcoin Cash, not only that 11,510 locations now support the buying of Bitcoin Cash which is something fantastic. A lot of YouTube now start creating content on YouTube of them shopping in Walmart using the Bitcoin Cash currency and it quickly becomes a trend. Let's also not forget that the Walmart website also has thousands of sales, visitors daily, and Bitcoin Cash is also supported on the platform.
Bitcoin Cash would quickly become one of the most known cryptocurrency in the world making people question what is Bitcoin Cash. YouTubers would also create quality content answering the question of what exactly is Bitcoin Cash.
90 days after full integration of Bitcoin Cash in Walmart other companies would now see loads of attention Walmart is having and would decide to Integrate Bitcoin Cash with its systems.
Bitcoin Cash would now become one of the biggest peer to peer cryptocurrency in the market as many people would own Bitcoin not just for an investment but to use it in their every day lives.
What would Walmart investment means to the BCH community?
The BCH community has about $650,000 and that number could quickly change to $2,000,000. There would be a lot of money to pay the BCH community writers, which would lead to more users of Bitcoin Cash. Let's hope the funds increase to $1000 per day as the difficulty of getting a decent amount for your article would increase.
Why would Walmart need Bitcoin Cash?
Bitcoin Cash is becoming popular every day and would soon see is a spike in popularity. If Walmart wants to decide on a cryptocurrency to integrate with its service they would either choose Bitcoin or Bitcoin Cash. But here is the reasons why they would choose Bitcoin. Bitcoin Cash is faster and has a lower transaction fee. These 2 features I mentioned above companies like Visa and Mastercard only have a fast transaction. Visa card has fast transaction but the fees can be very high on some ATMs. Customers would have the best user experience if they can pay with a low fee and a super-fast transaction.
This article/story was inspired by the question of what if Walmart allows Bitcoin as a payment method. The chance of this happening is very decent. A lot of company is now using cryptocurrency you would easily be able to shop online using a cryptocurrency-powered credit card which was practically impossible 7 years ago. The growth of many cryptocurrencies has seen a surge and we should be expecting the rise of Bitcoin Cash soon.
My impossible journey to 1 Bitcoin Cash (BCH)
At the time of writing this article, I am just 17 years old and live in Nigeria.
You might just be thinking how the hell am I going to get one Bitcoin Cash which is about $500 because I live in a country where graduates are paid $20 per month at minimum, and I haven't even entered college/university.
So let me give you a brief history of Myself, I started trying to make money online at 15-years-old I know it sounds crazy but just keep reading. I searched "how to make money" on Google then saw a suggestion "How to make money online" and said even better.
I tried every single thing but nothing was working because PayPal wasn't supported in my country, Nigeria. So I decided to stick to cryptocurrency-related websites which were far better because cryptocurrency is supported everywhere.
When I was 16-years-old I started writing on a news media, I know it sounds very crazy but relax. I am going to provide proofs so it doesn't sound like I am making things up that's why I am going to list my profiles on the site. So I wrote on Blastingnews, Blockchain.news, Hubpages, Steemit. I even tried to write on Bitcoin.com but failed attempts. https://us.blastingnews.com/editorial-staff/david-komolafe-2/ https://blockchain.news/Profile/David-Komolafe- https://hubpages.com/business/How-to-make-a-tons-money-buying-and-reselling-domain https://steemit.com/@davidkomo
Yes, you can check my profile I am not making up fake stories but understand I am don't expect to make one BCH from the website I mentions above. So let me continue with my brief history. Luckily enough I was to make $220 from one of the sites above which I am not going to mention so it doesn't sound like I am trying to advertise the site.
But sometimes bad happened I couldn't receive my payment because I didn't have PayPal or an EU bank account they send my money to my Payooner account and Payooner refunded it, remember I was 16-year-old I didn't have an ID. The money is nowhere to be found now and I would say welcome to the centralized world.
After I realized i didn't have PayPal or a EU bank I decided to strictly targeted cryptocurrency-related websites and that how I started writing on read.cash. The first time I came on read.cash I was actually expecting to make $1 per article but something happened it was far better than I thought.
In December 2020 I won $200 from a referral contest which I am not going to mention the name of the site so it doesn't look like I am trying to advertise it. I used $100 to pay for my sister's ID card and when am 18 years I would also get an ID incase of anything.
10 days ago, I saw an article on read.cash saying something about my road to 1BCH and I loved it. I also wanted to join the group of people who are trying to get 1 BCH and I have already saved $30.
I already know I am a heavy cryptocurrency seller I sold my Bitcoin at $3500 which is now worth over $500.
I decided to lock my Bitcoin.com wallet, store it with my Gmail account and also store my recovery phrase paper hidden around my house. I aim to send all my read.cash earning and the Bitcoin Cash I can afford to the wallet address and sell the one BCH I have earned when Bitcoin Cash hits $10,000. So if you're like me who like to sell cryptocurrency for cash I would advise you do the same remember. If you lose your password or recovery phrase you have lost it forever so keep it safe.
So if theirs one thing this have thought me is anyone can make money its all about your determination just keep striving and you can get where you want.
If you like this article please support me reach my goal I appreciate every single support and have a good year.
Bitcoin Cash (BCH) is not "dead," it's more than alive
I have seen a lot of post and comments on Reddit saying "Bitcoin Cash is dead" also comparing the BTC/BCH ratio from 2017 as a way to proof is dead. I am going to speak out strong facts about why BCH is not even close to dead but very much alive.
So what exactly do we call a dead cryptocurrency, a dead cryptocurrency is a cryptocurrency that doesn't have an active community, no one is talking about it or interested in investing in it, and is not even funded by any person or organization. The three things I mentioned don't correspond with Bitcoin Cash at all.
In case you didn't know Bitcoin Cash was created in 2017 and it aims to achieve Satoshi Nakomoto dream of a peer to peer electronic cash which Bitcoin used to be but is failing to achieve because of its high transaction fee and slow transfer speed as the Bitcoin network has become more used and not upgraded.
I see Bitcoin Cash has the most powerful cryptocurrency community out there, when I mention community people would say how can a community influence Bitcoin Cash price as it doesn't make sense to them at all, But let me explain how BCH supporters RogerVer, Mac DeMarcel, Kim DotCom, BCHouse and +100 more people who are supporting the Bitcoin Cash project in many ways can increase the price of Bitcoin Cash from what we know it today.
I will give you a brief explanation of the biggest Bitcoin Cash supporters.
Marc DeMasel
Marc DeMarcel is making it top of the list as he has supported read.cash with more than $1 million worth of Bitcoin Cash and has also supported BCH related flip starters with over $300,000. He has a Major influence on Bitcoin Cash.
Estimated support for BCH = $1.2 million
Twitter: @MarcDeMesel
Famous Bitcoin Cash quote
RogerVer
RogerVer is the founder of Bitcoin.com he is well known for supporting BCH flipstarter projects and also tipping articles on read.cash.
Estimated support for BCH = $250,000
Twitter: @RogerVer
Famous Bitcoin Cash quote
KimDotCom
KimDotCom is an internet entrepreneur he is a well-known figure on Twitter, he usually twitt about BCH here are his famous words.
Estimated support for BCH = $100,000
Twitter: @KimDotCom
Famous Bitcoin Cash quote
Bchouseve
@Bchouseve is a Bitcoin Cash adoption team in Venezuela, their aim is to make Bitcoin Cash a well-knowm cryptocurrency in Venezuela and most importantly a peer to peer cash in its striving country.
Estimated support +$20,000
Twitter: @Bchouseve
I estimate that over $5 million has been invested in Bitcoin Cash related projects just in 2020 alone. But the real question is how can this influence the value of BCH?
BCH related flipstarter projects
Bitcoin Cash development
Bitcoin Cash adoption project.
Bitcoin Cash dedicated Social media
Read.cash
Noise.cash
Bitcoin Cash dedicated earning site
Lazyfox.io
Read.cash
Noise.cash
Bitcoin Cash dedicated fundraising platform
Fundme.cash
Flipstarter.cash
BCH dedicated purchase site
local.bitcoin.com
BCH adoption team
BCHouseVe and more.
Many of the related BCH projects was created from the span of 2019 - 2020. They are a lot of work and effort being put into BCH around the world even at the time you are reading this article.
In case you are wondering why are rewards sites more. Let me quickly explain, PayPal became extremely popular when about %90 reward sites stared using PayPal because of its ability to transfer fund quickly without exactly using a bank. Bitcoin Cash has a higher score than PayPal when you compare the fees that PayPal charges for the receiving and sending of money using its platform.
A platform like read.cash and noise.cash has heavily increased the popularity of Bitcoin Cash and its users around the world.
The recent data gotten from Google trends proof this, this is why expect the price of BCH to be $30,000 within $3 years because of its designed for peer-to-peer transactions and would easily be adopted by any company that's interested to pay or receive with cryptocurrency.
What if Amazon invests in Bitcoin Cash (BCH)
Amazon is the biggest online shopping mall in the world, they just invested in Bitcoin Cash and everyone is trying to sink it in!
It's a regular day you just finished making breakfast and start scrolling through your phone and find something very interesting, its a video from YouTube and its title "Amazon, billion-dollar firm shows interest in Bitcoin Cash" at this point you think this is clickbait but proceed to watch the video. Many people in the comment section don't take it seriously and believe it's fake news and would never happen.
You now clearly understand what this means for Bitcoin Cash and immediately buy more cash with your credit card hoping for the best. Few days after the news Amazon CEO, Jeff Bezos, gets interviewed and his asked why he has decided to Choose Bitcoin Cash as a form of payment for Amazon, he replies saying "Bitcoin Cash is a very fast cryptocurrency and has a low fee, we believe our users would like this kind of experience and that's why we chose it." after watching the interview you now believe its real, very real and quickly buy more BCH as the price skyrockets.
30 days after the Interview Amazon has now integrated Bitcoin Cash with its online shopping mall worldwide and it makes big headlines all over the world, everyone begins to talk about Bitcoin Cash, Top news channel begins to talk about Bitcoin Cash, YouTubers and its also trending on Reddit.
What does Amazon investment mean for Bitcoin Cash?
Amazon is one of the biggest online shopping malls in the world this means if Amazon accepts Bitcoin Cash as a payment method a lot of people would get to know above it.
Imagine not just only the option to pay with a credit card or gift card you also have the option to pay with Bitcoin Cash, this means a lot of people who shop on Amazon users would regularly see the option to pay with Bitcoin Cash which would be a free advertisement and this could last for years if not forever.
Amazon gets more than 400,000 sales daily and is ranked the #1.
The company gets more than 10,000 sellers which means sellers would also be able to receive payments with Bitcoin Cash, this would become one of the biggest moves in cryptocurrency making Bitcoin Cash prices go up in value very quickly.
What would Amazon investment mean for the Bitcoin Cash community?
The Bitcoin Cash community read ca$ would have a lot of funds that would last for years if not more than decades, Writers would be able to earn Bitcoin Cash and instantly be able to pay for items instantly on Amazon without the use of a credit card.
Why would Amazon even need Bitcoin Cash as a payment method?
Bitcoin Cash is peer-to-peer electronic cash payments and could easily replace banks/Visa in the future. If Amazon integrates Bitcoin Cash with its online shopping mall, users who use Bitcoin Cash would be able to shop online using Bitcoin Cash and this could easily increase Amazon sales.
You should also note that Bitcoin Cash is aiming to increase its users using noise.ca$, read.ca$, lazyfox.io and more: The reward websites I mentioned plays an important role in increasing the popularity of Bitcoin Cash which means more users, more users means the value is going to increase dramatically than we know it today. If Amazon knows that Bitcoin Cash has many users they would rather choose Bitcoin Cash as a payment method rather than Bitcoin, Ethereum, and USDT because it has cheaper fee and fast transaction.
The article was inspired by the question of what if Amazon invests in Bitcoin. Let's be a bit honest here the chances of this happening is decent, already companies like PayPal accept Bitcoin Cash. I know the Bitcoin Cash community is working very hard to make Bitcoin Cash adoption a reality and I believe it would come to pass soon.
Why Bitcoin Cash (BCH) will succeed
The average transaction fee of Bitcoin is $8 and Ethereum's average fee is $10, compare that with Bitcoin Cash which is less than a cent. Imagine trying to buy a coffee from a coffee shop for $5 and getting to pay a fee that's higher than the coffee, how does that feel? It doesn't feel right.
The Bitcoin transaction fee is very high and transaction speed is slow and would most likely reduce its adoption in the future. I usually pay my NameCheap hosting with Bitcoin previously until I realised that the Bitcoin fee had become very expensive, tried there but it wasn't a good option anymore then I had to stick with Bitcoin Cash, why? Because the fees were too cheap to resist. I mean you can try it yourself. Try to send Bitcoin, Ethereum, and Bitcoin Cash to see which has better fees and transfer speed.
The ability to send money anywhere in the world for less than 1 cent is just mind-blowing. Another clear reason why the Bitcoin Cash market cap would be higher than Bitcoin Cash in the near future is because businesses would lose profit paying the Bitcoin fee and no customer would want to pay the high fees. As humans we want faster and cheaper transaction we will always want to get the best deals: This is the same reason website that decides to pay with cryptocurrency might not choose Bitcoin in most cases.
RogerVer the CEO of Bitcoin.com also believes that Bitcoin Cash is going to have more market cap than Bitcoin in the future. In the future, we should expect to see more cryptocurrency POS and ATM available on the streets and owned by the business, but most especially we should expect the Bitcoin fees to keep growing if its blocksize never gets increased from 1 MB, compare that to Bitcoin Cash which its block fee is 32MB.
The transaction fee becomes a problem when it starts getting too high. If cryptocurrency POS is used in Businesses to make normal purchases like we use our credit card today then Bitcoin and Ethereum might not be a good option for merchants or customers.
The transaction confirmation time of Bitcoin can last up to 3 days. I am speaking based on experience this happened to me and led to big frustration, 0 confirmation for 3 days (72 hours) after paying $0.5 for a $10 transfer in the past. I would call that a bad user experience and Bitcoin user experience need to be fixed if you expect mass adoption. This would make Bitcoin Cash become an easy alternative for businesses, customers, POS, and ATM. Online stores would also see a reason to integrate Bitcoin Cash knowing it's a cheaper and more popular alternative to any of the top 5 cryptocurrencies out there on the market.
Another thing I would like to talk about that would increase the market cap of Bitcoin Cash in the future is the Bitcoin Cash adoption project that is currently in development now and would likely have a mass effect in a few years. They have been many flipstarter projects/campaigns that are aiming to achieve Bitcoin Cash adoption in 2021 that have already been funded, lets hope they carry out their plans and it turns out to be a success.
Also community like read.ca$ can also play an important role to help push mass adoption online in the next few years, just the way steemit helped increase steem value.
People don't understand the opportunity behind Bitcoin Cash and say they have missed the Bitcoin train not knowing another "Bitcoin" is under their nose, but it's undervalued because many people haven't seen it yet. It's about $400 for 1 BCH and doesn't cost a fortune to buy, I am a bit more comfortable to buy BCH for $400 which I know is cheap now than buy a cryptocurrency with the fear of missing out which might turn out to be a bad trade.
Remember this article when Bitcoin Cash (BCH) hits $10,000
It won't be a shock to me if Bitcoin Cash hits $10,000 in 1 year, they are several reasons I believe this could happen very quickly even faster than the growth of Bitcoin, I would explain why shortly.
Bitcoin Cash was created in 2017, if you bought it in 2017 and still holding it till now then theirs a chance that you have a negative ROI. That shouldn't keep your hopes down because it's not over yet, based on my analysis I discovered that the Bitcoin Cash community is greater than any other cryptocurrency community out there. The Bitcoin Cash community is growing very quickly and this is going to have a great effect on Bitcoin Cash very quickly.
I always tell myself and my family that Bitcoin Cash is a safe bet and here's why. Bitcoin Cash is the only cryptocurrency with many supporters and people who are ready to promote it. In the past few months, there have been a lot of Development going into Bitcoin Cash. Not just that Bitcoin Cash is the only cryptocurrency where its community was able to build its fundraising platforms: Flipstarter and fund.cash. These two platforms have played a huge role in developing Bitcoin Cash in many ways.
How fundraising platform is changing Bitcoin Cash
The flipstarter is mostly used to start Bitcoin Cash development projects, in the past few months they have been many Bitcoin Cash adoption project all around the world aiming to spread the adoption of Bitcoin Cash in many countries that might have never heard of Cryptocurrency. The flipstarter project was also used to fund fundme.cash websites, which today is an easier method to start project funding.
One important thing that makes Bitcoin Cash superior to any other Cryptocurrency is it's supporters, they are many investors out there ready to support upcoming projects that aim to increase the adoption of Bitcoin Cash or fix a problem. Thanks a lot to big supports like @MarcDeMesel @RogerVer and other investors that I was not able to get their username for investing in the future of Bitcoin Cash projects.
How read.ca$ is increasing Bitcoin Cash adoption?
The read.ca$ platform gives free Bitcoin Cash to writers who write good articles, let me explain how giving free Bitcoin Cash is increasing the popularity of Bitcoin Cash. So am going to use me as a practical example. I signed up to read.ca$ a few months ago, I aimed to write cryptocurrency articles and earn $2 but to my surprise, I earned a lot more. I invited my friends to the site, and hard to explain to them what exactly is Bitcoin Cash and how they can receive payment.
I referred 2 people to read.ca$ but what I also observed is that I made 2 of my friends to trade Bitcoin Cash activity and also contribute to the Bitcoin Cash community. The example I gave above can just keep going and led to high demand for Bitcoin Cash, despite giving Bitcoin Cash for free.
Read.ca$ is also playing a huge role in the Bitcoin Cash community expansion and would likely get a lot of investors getting interested in Bitcoin Cash
Also, YouTube content creator Marc Falzon creates YouTube videos about Bitcoin Cash he recently started a flipstarter to start his Bitcoin Cash video series on YouTube. This is the kind of thing that increases the adoption of Bitcoin Cash.
Proof that the Bitcoin Cash community is increasing Bitcoin Cash popularity
Okay, to wrap my article off I decided to get the Google trend of the keyword Bitcoin Cash. The chart shows how often Bitcoin Cash is being searched on Google. In 2017, Bitcoin Cash had its highest search in history and the trends just kept falling and had a recovery in 2020 when the Bitcoin Cash community are trying their best to increase mass adoption of Bitcoin Cash worldwide. Shout-out to the people who support the Bitcoin adoption project and is working towards a greater future for Bitcoin Cash.
What if Apple invest in Bitcoin Cash (BCH)
Apple is one of the biggest companies in the world, it worth $2 trillion. They just invested in Bitcoin Cash and everyone is trying to sink it in.
You just woke up in the morning and you decide to watch TV you going through different channels and you find something interesting, this time its a lady at BBC, she speaks saying: "Apple one of the biggest companies in the world is now getting interested in cryptocurrency to be precise Bitcoin Cash." hmmm, you say to yourself, this has to be fake news, you're a bit skeptical and the first thing that goes into your mind is to buy more Bitcoin Cash.
You immediately go get your credit card to purchase more Bitcoin Cash hoping for the best. It is 5 days after the news and Apple CEO, Tim Cook, makes tweets saying: "Our company is getting interested in Bitcoin Cash day by day" It looks unreal to you and you become more skeptical, you say to your self has his account been hacked? But it seems a bit legit to you, you decide to purchase more Bitcoin Cash because you know something big is about to happen.
Few days after his tweet, Tim Cook is asked on live TV if his company is interested in Bitcoin Cash and why is day looking into implementing it to the company. Tim Cook replies saying: "Every day the amount of Bitcoin Cash users is increasing, it has low transfer fee and fast transaction, we see it replacing Credit Card soon" your eyes are open wide and you have never been more attentive to a news interview before. You understand exactly what this means for Bitcoin Cash and you have few seconds to react and Buy more Bitcoin Cash before time is too late.
30 days after the interview things start getting more interesting apple begins to integrate Bitcoin Cash into its platforms. People can now use Bitcoin Cash to purchase from apps from the AppStore not only that iTunes uses can now purchase a song with Bitcoin Cash.
What does Apple investment mean for Bitcoin Cash?
Apple is one of the richest companies in the world, if users can purchase apps from the AppStore using Bitcoin Cash, this is free advertisements for Bitcoin Cash. Millions of users use the AppStore daily, if users want to purchase apps and see the pay with Bitcoin Cash option this will make users want to know about Bitcoin Cash. Not just that Apple investors would also start to get interested in Bitcoin Cash and that would cause demand.
News media would also talk about Bitcoin Cash like never before, it would be known to buy many cryptocurrency investors and would get interested from many. Bitcoin Cash would become one of the fastest-growing cryptocurrency and would easily make it to the top spot. iTunes users who want to purchase songs would also be able to do that using Bitcoin Cash and that how quick mass adoption would begin.
30 days after Apple company adopt Bitcoin Cash as a form of payment, other costs might also want to invest in Bitcoin Cash because of the advantages that come with it, and this would cause a massive demand in BCH causing its price to skyrocket to the moon.
What would happen to the BCH community after Apple's investment?
Read.ca$ would have a high amount of funds to earn, let's hope it gets increased to $1000 daily.
This is article/story was inspired by a question of what if Apple invests in Bitcoin Cash. Let's be honest here the chances of this happening is not low, I would say it has a decent chance. Companies like PayPal also accept Bitcoin Cash as a payment and transfer options. In a few years, I believe Bitcoin Cash would become a well-known cryptocurrency by investors and a lot of people would know about Bitcoin Cash soon.
What if Google invest in Bitcoin Cash (BCH)
Google is one of the biggest company in the world, they just invested in Bitcoin Cash and everyone is trying to sink it in!
You wake up in the morning and decided to watch some YouTube videos, you get recommended a clickbait like a video titled "Google shows interest in Bitcoin Cash." you then decide to watch the video hoping you can get useful information from it. The news seems legit to you but the comments on the video scream fake news and no one is taking this seriously.
An inner mind of you says you should buy some more BCH and you stand up from your chair and go get your credit card hoping you could likely see a spike in BCH in the next few months.
Things start getting a bit promising after an interview with Larry Page, the founder of Google, on BBC. He's asked in the interview if he thinking of implementing a cryptocurrency like BCH into the company, and he says yes and states his reason why: "In a time where the world is advancing everyone is using cryptocurrency and BCH is a greater version of Bitcoin when we look at the transactions fee and speed." at this point, you understand this is real and few hours after the interview BCH increases with %5.
Things are looking very promising for Bitcoin Cash as demand for buying BCH skyrockets. 45 days after the interview, Google starts implementing Bitcoin Cash into its products. Anyone can now purchase things from Google Playstore using Bitcoin Cash, you say to yourself, the "future" is already here. You can now use your read.ca$ earning and spend it directly on the AppStore. But it doesn't stop there, things start getting better after Google Adsense a huge platform for Google ads now starts paying publishers with Bitcoin Cash. More options to earn free Bitcoin Cash opens and this time it is from a very big company.
3 days after Google implemented Bitcoin Cash to its products. Google investors start getting interested in Bitcoin Cash. Bitcoin Cash becomes well known and its popularity sees an increase from Google search.
News media starts talking about Bitcoin Cash like never before and more people start Knowing about BCH mass adoption begins as everyone is trying to hold at least one BCH.
What would Larry Page's investment mean to Bitcoin Cash?
Google.com is the most visited website in the world and one of the Biggest companies existing today. The Android Playstore is owned by Google and it comes with an android device, if Bitcoin Cash can serve as a payment for play store then they would be pay with Bitcoin Cash, this means Bitcoin Cash would be getting free advertisements because most people would like to know what is Bitcoin Cash after seeing it as a payment method.
Not just that Google has other products like Stadia, an online game streaming platform if Google implements Bitcoin Cash as a payment method not just credit card games and subscriptions can also be purchased, which would also help in increasing the popularity of Bitcoin Cash.
Also, Google finest platform, YouTube begins to allows donations to your favorite YouTuber using Bitcoin Cash, even non-cryptocurrency YouTubers begin to talk about it. YouTubers can now get paid with Bitcoin Cash making Bitcoin Cash the most valuable asset on the market.
But what would happen in read.ca$?
If the demand for Bitcoin Cash sees a high demand the value would go up which means we would have more funds to distribute to writers. Let's just be hoping the funds increase from $500 per day to $1000.
This article/story was inspired by a question, what if google invest in Bitcoin Cash. Let us be honest here the chances of this happening isn't that low. Already PayPal is using Bitcoin Cash and that's a bold step. Would you be surprised to see Google adopt Bitcoin Cash?
Let me know your thoughts in the comment below.
Our Bitcoin Cash (BCH) adoption plans, we need support
In case you didn't know, Nigeria is the most country in Africa to use cryptocurrency, recent data gave by one of the most popular cryptocurrency wallets on the internet, blockchain.com, showed that Nigerians had used the wallet more than any African country.
But the issue is not many cryptocurrency users/investors in Nigeria know about Bitcoin Cash. I called some of my cryptocurrency friends and asked them if they knew about Bitcoin Cash. A few said yes, but they haven't used it yet, so I figured out people need to be educated on what exactly Bitcoin Cash is and why is a better alternative to Bitcoin or any cryptocurrency. So I started getting ready to preach the word of Bitcoin Cash to non-cryptocurrency users and cryptocurrency users until I realized that I actually need some funds to carry out the big project, just keep reading I would explain in details.
So you might have seen an article from me titled "our Bitcoin Cash adoption plans in Nigeria", unfortunately, we hard some issues with our flipstarter hosting, and we decided to use fundme.cash to raise money for our campaign because it's free and less complicated. https://fundme.cash/project/5fdfb0ad50ed4e18d14aacce
Support our fundme.cash campaign so we teach people what Bitcoin Cash is about and watch mass adoption grow in Nigeria at a rapid speed, our goal is to get 1000 merchants to use Bitcoin Cash in the first 6 months. https://fundme.cash/project/5fdfb0ad50ed4e18d14aacce
I included a few things which was contributed from one of our team members and it sounded like a good idea for the Bitcoin Cash adoption plan here in African, Nigeria.
So in this article, i am going to explain the Bitcoin Cash adoption plan in Nigeria, budget, and more. We want to build a team of Bitcoin Cash promoters, which is going to be grouped in different categories and going to play different purposes.
Our plans https://fundme.cash/project/5fdfb0ad50ed4e18d14aacce
Location to learn about Bitcoin Cash (BCH)
The Marketing materials which includes T-shirts, Cap
Teachers and supports, are going to people about Bitcoin Cash.
Teach merchants what Bitcoin Cash is about.
Setup education meetup
The local way to exchange Bitcoin Cash for fiat paper currency which would increase the conversion of Bitcoin Cash adoption in Nigeria.
Our Goal
Our team is called the BCH up the team because we plan on taking Bitcoin Cash up to a level in Nigeria. Our goal is to bring 1000 merchants to Bitcoin Cash in 6 months. The project would need 6 BCH to complete to achieve all the required goals.
How the budget would be used https://fundme.cash/project/5fdfb0ad50ed4e18d14aacce
The first thing we are going to do is to make the BCH up team location known by society.
1 BCH would be used to create banners, flyers and logos and the marketing materials.
2 BCH would be used to pay for a standard location where we can hold meetups we would 1 year upfront.
1.5 BCH would BCH would be used to create T-shirts, Cap, and other marketing materials which would help increase the users of Bitcoin Cash.
1 BCH would be used to hire people who play the role of teaching people to setup the location.
0.5 BCH would be used to film the event of our meetup and pay the cameraman on hiring.
The Bitcoin Cash Up team project is going to be one of the first if not the first Bitcoin Cash adoption project to make move in the local areas and communities in Nigeria. Our aim is to get 1000 users to use Bitcoin Cash in Nigeria and it doesn't stop there, our goal is to target as many people as possible.
If you want to support our fundme.cash campaign click here and leave a donation it would be strongly appreciated. https://fundme.cash/project/5fdfb0ad50ed4e18d14aacce
Contact information
Telegram: Davidkomo
Whatsapp: +23408175084475
Phone: +2349063609060
Facebook: David Komolafe
YouTube: David Komolafe
Our Bitcoin Cash (BCH) adoption target locations (Flipstarter)
This article is about our flipstarter, if you want to support us carry out this fantastic dream click here. http://flipstarter.bchup.site
The video below shows the target locations
https://youtu.be/ms3wXhIWtLc
My Name is David Komolafe and i am the team leader of the BCH UP, our project is to increase the Bitcoin Cash adoption in Nigeria. Starting from close to our houses, which is what the Stage One is about.
I would be talking about our Bitcoin Cash target locations, which is located in Africa, Nigeria, Rivers State, Port Harcourt, Sars Road. Our BCH adoption first stage is to target the sars road area. We want merchants and customers to know about BCH because of countless advantages it can bring to them: merchants and customers can now transfer money abroad for a very low fee which would increase their profits drastically, The Bitcoin Cash fee is very low when compared to our standard Nigeria transactions fee, by introducing Bitcoin Cash to our merchant and customer i believe it would be a huge advantage to everyone in Nigeria.
If you want to support our team to complete our BCH adoption Stage One click here. http://flipstarter.bchup.site
Our Bitcoin Cash (BCH) adoption plans (flipstarter)
This post is about our flipstarter click here to learn more http://flipstarter.bchup.site
My name is David Komolafe and I am the leader of the BCH Up team. Our goal is clear and simple, we want to use Bitcoin Cash to create a solution for the Merchant's in Nigeria and we are going to start close to our houses educating people about Bitcoin Cash and how they can implement it in their business to maximize their profits and also scale their business.
https://youtu.be/e8H417Uf22I
The target locations
We aim to target the Sars road and Okemini road. Why we want to target this location is because this is where top merchants are located, they get daily sales at high volume. We believe if we want target merchants they should be top merchants. We plan to target different types of merchants: restaurants, provision stores, and barbing salons. In Nigeria, these are the most demanding business people go into and it's also highly profitable. We plan to introduce Bitcoin Cash to them because we believe they need to know about Bitcoin Cash and also need to maximize their business profits using Bitcoin Cash. Bitcoin Cash in many ways can make a big difference for merchants here in Nigeria, that is why our team is focused on using the right strategy to approach merchants and also make them use Bitcoin Cash not just as money, but also to maximize their profit in their businesses.
How local.bitcoin.com can grow future merchants businesses
This is how local.bitcoin.com can play an important role in sustaining the merchant's growth in Nigeria. local.bitcoin.com is a peer -to -peer marketplace where anyone can buy or sell Bitcoin Cash without the need for a KYC or a very high fee. With the use of Bitcoin Cash, merchants can reduce their transaction fees by a huge percentage which would make a big difference in their ROI. The average wire transfer fee is $50 - $30 per transfer when compared to Bitcoin Cash which is about $0.007 - $0.05 per transaction making it one of the cheapest cryptocurrency fees out there on the market. Merchants can now save hundreds of dollars using Bitcoin Cash which means they would be able to scale their business.
Educational Components
What is Bitcoin Cash?
How does Bitcoin Cash work
How to send and receive Bitcoin Cash
How to buy Bitcoin Cash using local.bitcoin.com
How to accept Bitcoin Cash in your business
How to scale your Business using Bitcoin Cash
Why Bitcoin Cash is better than bank transfers
The image above shows an example of what merchants can use to receive BCH from customers. The merchant's customers can scan it with the Bitcoin.com wallet and send payments.
The principle of liberty using BCH
Bitcoin Cash is decentralized and is not controlled by a centralized body. Merchants can send BCH without the need to worry about their transaction stuck in the process or their account being frozen. There is a huge amount of freedom a Bitcoin Cash user gets than a user who uses fiat currency. A decent amount of users using a centralized system either get banned, frozen accounts, and get rejected transactions. Let's use PayPal as an example. PayPal charges the receiver and the sender a huge percentage in fees. Every year thousands of users complain of getting their accounts banned for different reasons or no reasons. When working with a decentralized system your money is yours, it can't be controlled by the government or doesn't need approval by any entity to get transactions approved and that's what Bitcoin Cash is.
Why we want to execute our plan
https://youtu.be/xswHB2BmV_8
The reason we want to execute the plan is because of many factors, not just one but many. We want to cut down the cost of transaction fees for merchants here in Nigeria, our bank transfer fees are 50 Naira per transaction, POS fee costs 100 Naira. International transfers cost $50 - $30 per transaction. We want to cut down the cost by a huge percentage. Because this would save the merchants a lot of money and everyone will now be in a win situation, Not just that but because it's decentralized.
Goals and budget
Inviting merchants and customers for the meetup
Funding the team to carry out the task
Inviting merchants and customers for the meetup
This is the most important part: getting merchants and customers to the meetup. We would use our flyers and many more items to get merchants and customers to come. But what if all the expected merchants don't show up? We have a solution to this, remember our whole adoption process would be filmed. We would send a short video estimated to be 5 minutes to merchants Whatsapp number that we would collect during the invitation process so the merchant can understand what Bitcoin Cash is at the comfort of their home, easy solution and if they have any questions we would answer them, this is where our team plays a huge role. Merchants and customers would be through different things about Bitcoin Cash, we would follow our education component you can find above.
Meetup location
Our meetup location is expected to be in a small quiet hall, where we would teach customers and merchants what exactly is Bitcoin Cash and also using our education component you can find above. Expected cost $50.
The t-shirt
Our t-shirt is expected to have the BCH logo printed on it, we want to be used to identify our Bitcoin Cash adoption team. expected cost $150.
Merchants Materials
We plan to give our merchants the "Bitcoin Cash accepted here" stickers and also print their QR code to be pasted on the wall for merchants to send payments. Expected cost $150.
Projector (Rent)
The projector is going to be used to explain what Bitcoin Cash is. This would create a better experience for merchants and customers. It would help them understand BCH better. Expected cost $40
Funding the team to carry out the task
Our team is grouped into 3 places
The teachers
The video team
Marketers
The teachers would be paid $150 for teaching merchants in the meetup. We expect 2 teachers to carry out the task. $150 x 2 = $300
The video team would be paid $50 he/she plays a very important role in creating a quality video that can be used to advertise Bitcoin Cash anytime. $50 x 1 = $50
The marketers are the least paid. They are paid $25 to invite people to the meetup. Expect marketers 2. $25 x 2 = $50
Total Budget
BCH related task
https://youtu.be/R1YTtjaAkWs
Our commitment and passion
Our goal is not just to get 30 merchants, but even more if possible. David Komolafe, Princess Komolafe and other team members understand what this would mean for the Bitcoin Cash community and cryptocurrency as a whole, so we plan on taking this seriously and devoting our time to it. Our team has many reasons why we want to promote Bitcoin Cash not just for the BCH community but for the merchants around the world, we believe we can make Bitcoin Cash a financial trend in Nigeria or global if we have the required funding. We want to see Bitcoin Cash succeed so we all and merchants can succeed in the financial space.
Contact details
Telegram: Davidkomo https://t.me/davidkomo
Email: ayodavidk@gmail.com
Whatsapp: +2348175084475 https://wa.me/+2348175084475
What if you used only Bitcoin Cash (BCH) for a day
Your browsing through your phone and you see a trending cryptocurrency challenge online, this time is something very interesting. The challenge is to use only Bitcoin Cash for a day and the winner is going to get 100 Bitcoin Cash worth a whopping $30,000. you know this is serious and you're ready to attempt it but you have to vlog your entire journey and day.
you now decide to take on the challenge hoping to get 100 Bitcoin Cash and do the things of your dream. You know this is difficult and go to sleep, wake up ready to attend the challenge. It's a Saturday morning so you don't need to go to work you stand up from your bed hoping to take a taxi outside and nobody accepts Bitcoin Cash. now what is left is for you to explain what is Bitcoin cash to the Taxi man so they can accept it. You meet the first taxi and ask do you accept Bitcoin cash, he replies saying: what is Bitcoin cash? he's in a hurry and the explanation doesn't make sense to him.
What is left for you to come up with a genius idea to make things easier. You then carry your phone and run an Instagram ad targeting the location and saying you want to pay with Bitcoin Cash for a taxi surprisingly, you get a dm on your Instagram and someone is interested.
Now you got a taxi but how are you now going to be eaten in a restaurant? You try several restaurants but they do not accept Bitcoin Cash. You now decide to Google search it hoping you won't even see a result, but to your surprise, theirs a result. But it's 1 km away, you try to get a taxi but you only need to use BCH and you don't want to go to that stress again. You now decide to walk to the restaurant, you get yourself a meal and it seems the challenge is over.
Now what's left is to upload 5 hours long footage of your vlog to the internet. And you have crappy internet, you begin to upload the footage hoping to win the contest, it's just 5 days till the contest ends.
It's a new day and the contest ends, you happy because you have a chance to win 100 Bitcoin Cash. The announcement of the winners is uploaded live on YouTube as you join the live stream hoping to win the contest badly.
You then realized your name is announced as one of the winners, you can't even believe, you get up from your sit and replay the live stream and it's your name you are speechless at the moment and it looks like you have won a lottery. You decide to call your mom and tell her what's going on but she doesn't even believe you. You start jumping and you're told to submit your Bitcoin Cash address so you can receive your Bitcoin Cash for being the winner of the challenge. You go visit your mom and she is very happy you won the contest.
Now you have $30,000 and it might not be a lot to some people but it's a lot to you, you receive your money and sell it to fiat currency. You now have some money to pay up some bills and also help charity and your mom and dad if possible.
What would you do if you won $30,000?
If I won $30,000 I would give out some to charity, get myself a car, buy a phone and laptop and house. Let me know what you would do with $30,000 down in the comment below.
The story/article was inspired by a video using Bitcoin for a day. I would like to see a contest like that in the future, I would attempt to win it. Hopefully it would be easier to use Bitcoin Cash for a full day in the future.
Must Read articles
What if Mark Zuckerberg invests in Bitcoin Cash (BCH) https://read.cash/@DavidKomolafe/what-if-mark-zuckerberg-invests-in-bitcoin-cash-bch-837c0fec
What if Bill Gates Invests in Bitcoin Cash (BCH) https://read.cash/@DavidKomolafe/what-if-bill-gates-invests-in-bitcoin-cash-bch-8d938a70
Trolling a Bitcoin Cash scammer and this happened https://read.cash/@DavidKomolafe/trolling-a-bitcoin-cash-scammer-and-this-happened-7b3e76ba
What if Jeff Bezos invests in Bitcoin Cash (BCH) https://read.cash/@DavidKomolafe/what-if-jeff-bezos-invests-in-bitcoin-cash-bch-f1140db6
What if Mark Zuckerberg invests in Bitcoin Cash (BCH)
Mark Zuckerberg is known for co-founding Facebook and one of the richest men in the world, if you use Facebook, you would know that he is well known by the Facebook community. But what if Mark Zuckerberg invest in Bitcoin Cash and what does it mean for the cryptocurrency.
You're awake in the midnight browsing on your phone, you then decide to drop your phone and go to watch TV. You trying to find the best channel to watch and you bump into a news channel, this time it's something interesting. The lady at BBC is saying: "Mark Zuckerberg, one of the richest men in the world just invested in Bitcoin Cash" at this moment you are skeptical, you say to yourself this has to be fake news, but the source seems trustable. At this point, the news starts to trend in the BCH community.
The first that goes to your kind is should I buy more? You think about it few seconds you just have a few cash and you don't want to risk it. Now you have finally made a decision and you decide to invest a couple of thousand USD with your credit card. It seems like a rumor as you hope it's legit because this could change your life.
It's day 7 after the rumors of Mark Zuckerberg to invest in Bitcoin Cash and you are ready for whats ever comes you are waiting for the best. To your surprise Mark Zuckerberg makes a post on his Facebook page a saying: "Implementing a cryptocurrency like Bitcoin Cash to our company isn't a bad idea" at this you know this isn't a joke but it seems very real, you get you credit card to buy more, things are looking very good for Bitcoin Cash you would say.
Few days after he is invited to a talk show and ask why he decides to Invest in Bitcoin Cash, he is confident about his decision and reply say: "Bitcoin Cash is actually what I expect from a cryptocurrency, it is fast and has lower fees I believe its something underrated" at this moment you know he is speaking the truth and it hasn't been a fake rumors all this while, you know you are lucky to watch the talk show live and you decide to make a bold step, you invest all you have into Bitcoin Cash and holp for the best and go to sleep.
Now it's a new morning, you wake up in the morning and you are afraid to check your phone, you are expecting the best ROI. You later check your phone and realize that your funds have gone very high by the previous day and your about %35 profit in one day. At this point you know you made the best decision of your life and would never regret it.
To your surprise Bitcoin Cash becomes the first cryptocurrency to be integrated with Facebook, but not just to pay for advertisement but also as a reward to active Facebook users. Let's do a simple calculation, Facebook has 1 Billion active users monthly, Imagine those amounts of people here about Bitcoin Cash, and could even last forever.
If 1 billion people monthly here about BCH and %5 decides to invest an average of $100 in Bitcoin Cash this is $500,000,000 adding to the market cap of Bitcoin Cash which is amazing. Not just that advertisers would also be able to use Bitcoin Cash as a way to advertise their products, this would spark a lot of attention to Bitcoin Cash and also a high increase in Value.
Read Ca$ would have many funds to pay active users for years if Mark Zuckerberg invest in Bitcoin Cash.
Let's are honest here, the chance of this happening is low, but theirs is still a very strong chance that a company like Facebook would see the potential in a cryptocurrency like Bitcoin Cash. Even though Mark Zuckerberg doesn't invest in Bitcoin Cash their are unlimited possibilities for a cryptocurrency like Bitcoin Cash to be adopted by a big company like Facebook because of its fast transaction and low fees that are better than Bitcoin and other Cryptocurrency.
What if Bill Gates Invests in Bitcoin Cash (BCH)
Bill Gates is one of the richest men on earth, he is the co-founder of Microsoft. He just invested in Bitcoin Cash and everyone is trying to sink it in.
It's a regular day, you wake up in the morning, brush your teeth, and have your bath. Your scrolling through your phone or computer and you're on YouTube. You get recommended a video from a YouTube news channel, title "Bill Gates shows interest in Bitcoin Cash." after reading it your first thought is: This is a clickbait video.
After watching the video, you say to yourself, similar news like this happened with Bitcoin. "PayPal shows interest in Bitcoin" and it blows up after it was Established. When you realized that you stand up from your chair and said am very smart, you quickly get your credit card and start buying more Bitcoin Cash.
14 days later, Bill Gate tweets on Twitter saying, " Its good that a coin like Bitcoin Cash exists" your first reaction is hmm his account is hacked or is this a glitch, you refresh your page and it looks like exactly what it looks, but you are still very skeptical, you get your credit card to buy more, at this point you know you are taking a big risk.
30 days after, Bill Gates was invited to an Interview and he is asked why is he showing interest in Bitcoin Cash. He replies saying "Bitcoin Cash is fast, has low transactions and I believe this is a technology that has been untapped" after watching the live interview you realized this has to be real. The price of BCH goes up by %5 within one hour after the interview, but it didn't end there.
Few days after the interview Bill Gates just invested in Bitcoin Cash and it becomes very Big News. No one knows how much he invested but for a man worth $119 billion, you know it's gonna be much.
Bill Gates just invested in Bitcoin Cash, but what does this mean for BCH? Although this is not the first time that Microsoft has tried to involved in cryptocurrency. if Microsoft invests in Bitcoin Cash, then we should expect the Microsoft store to accept Bitcoin Cash as a form of payment, this is a big deal and is going to influence the price of Bitcoin Cash by a huge percentage. This is because is going to be viral news in the cryptocurrency community and also some general news channels.
Let's do a simple calculation. They are more than 500 million users using windows operating either using windows 10, 8, 7. Imagine trying to pay for an app on the Microsoft store and you see "Bitcoin Cash accepted here".
Millions of users use the store daily and this could be indirect advertisements for Bitcoin Cash. The Bitcoin Cash payment option could be available for years if not forever, so you should know this would have a huge influence on the value of Bitcoin Cash.
200 days after the interview with Bill Gates, Bitcoin Cash value has gone up by over %150, people now see value in BCH and decides to invest and other companies see that Microsoft is doing well with Bitcoin Cash they would also add Bitcoin Cash as a form of Payment, this now becomes huge for mass adoption of Bitcoin Cash.
It's 201 days after the interview, you remember that you bought a good amount of Bitcoin Cash before the huge demand hit had. You check your wallet and things are looking very good, now you that you knew Bitcoin Cash early.
But what would happen to the famous Read Ca$ community, because of the high demand for Bitcoin Cash, writers now have a lot of funds that can last for years and everyone is now happy.
Let's be honest here, Microsoft already accepted BCH on their store but, Bill Gates hasn't invested yet. Microsoft has already shown in Cryptocurrency in the past and allows funding through BCH which is a great step for Bitcoin Cash and other Cryptocurrency. Bitcoin Cash is faster and cheaper than Bitcoin, it opens unlimited possibilities for a company to adopt it and make it an exclusive for cryptocurrency payments. Let me know your thoughts in the comments below.
Trolling a Bitcoin Cash scammer and this happened
I've been trolling internet scammers for years and I have never shared my experience or even my chats. but I found out that this would be entertaining for both readers and viewers to read and enjoy.
So here is how it happened, I was scrolling through Telegram and you should know this is a scam nation filled with Nigerian scammers you should know what am talking about if you use the app.
I saw a group named Cash Chain investment, I knew it was a scam despite the payment proof that was looking real and I was ready to make the admin/scammer cry. I went to the group to draw the admin's attention and I was told to DM him with telegram.
So to begin the troll, I acted like I was so desperate. I told him that I needed money to pay my rent and acted like his my savior. He felt my desperation and I lied to him that I was from the United States and South Africa. I was ready to invest a *whopping $5000*. At this point, he felt he was gonna become rich in one day, but he didn't know he was dealing with the biggest trolling machine.
But sometimes shocking happened I received a message from a guy called "anonymous" he said:
"ewko scammmmmmm run for your life don't invest in that group." i was like who is this?
I realized a good guy is trying to save my desperation from losing $5000. I quickly told him I was trolling and it was for a post. He said something that touched me: his friend had lost money investing in that group and it's sad, I told him sorry.
We chatted and had some conversation.
So the trolling continues, I received another message from a guy called "CEO." I felt the person was a pitching guy trying to steal the other group traffic. But it was the same guy with the same phrase, different profile image, and name.
"You are welcome, whatever desire you want you will get from cash chain successfully." He said.
When I saw this message, I felt this guy was a pastor or a fortune teler, seems creepy to me.
The investment plan got me out of my feet. get 3 times the money you invest in 24hrs, bruh! Invest $500 get $1500. When I saw this message I had to keep him hyped. I sent him a message saying:
"Sir how do you get all this money within 24 hrs. If you can tell me I would buy Bitcoin through localbitcoins.com now. I am hoping to make instant profits and if you pay me I would invest $50,000 instantly after borrowing money from my friends."
At this point, he felt like he won a lottery but most importantly he felt like he met the most stupid person on the earth.
" Yes.. we are the amount the top five crypto company, we are in industrial Businesses in different 32 countries" he replied.
"We don't partner with another company but they partner with us for them to be able to meet up for a high rate.."
At this point, I knew it was a big lie and had to continue with the conversion, I asked him if they had a website. I didn't get a response. The top 5 cryptocurrency company doesn't have a website. Just how?
Alert! We are near the mega trolling.
He told me to give him my payment address and he gave me a deposit address and I said ok.
I told him that I would give him $1 per minute if he makes a call with me at this point my scammer was happy. He could also use this call to convince me and also get paid. I made the call and tried several times it didn't work.
I said to my self how are people going to believe me now, the article wouldn't make sense at all. So I connected to the Hotspot instead of mobile data and made the call. It's funny but my Nigerian scammers was forming a black American man accent, I couldn't even understand what he was saying, I was also forming a white American voice oh best bruh moment of the year.
My call with my scammer (Watch below)
https://youtu.be/fc-8g-wL3Do
Watch the video to the end, dont worry you would love it.
After the call i realized he hasn't blocked me so i sent him the video and seems my scammer was ashamed and could not reply.
Thanks so much for reading, comment you thought below.
What if Jeff Bezos invests in Bitcoin Cash (BCH)
Jeff Bezos is the CEO of Amazon he is currently the richest man in the world, he just invested in Bitcoin Cash and everyone is in shock and trying to sink it in, you are very skeptical about what hearing.
It is a normal day in the morning, you wake up and go straight to your TV, its Saturday no work. You switching through different channels and you bump into a news channel this time it's an interesting news from CNN, the lady on your TV is saying "Jeff Bezos the CEO of Amazon just invested in Bitcoin Cash and what does it means for the company." The first thing that goes to your mind is this fake? But an inner mind of you says this has to be real.
Your happy you saw the news early because the demands for Bitcoin Cash would be on another level in the next few hours. You quickly pick up your wallet go straight to your credit card to purchase more BCH, think are looking good you would say.
Jeff Bezos begins to tweet about Bitcoin Cash and he suddenly gets a request for an Interview. He's asked why did he decide to invest in Bitcoin Cash, not Bitcoin. He answers by saying "Bitcoin Cash is fast has cheaper fee than ETH and BTC, we think our customers would love that Experience"
After watching the interview, you are sure this is not fake news. Just as you predicted that the demand would increase that's the way it did.
Jeff Bezos just invested in Bitcoin Cash but what does this even mean for Amazon and also Bitcoin Cash. Amazon the biggest shopping mall in the world now accepts Bitcoin Cash as a form of Payment, this is big news for Bitcoin Cash but not only Bitcoin Cash also the cryptocurrency community.
Amazon now accepts Bitcoin Cash as a form of payment and things are looking very good, you can now earn free Bitcoin Cash from read ca$ and directly pay for an item on Amazon is that not Amazing.
Day 7 after the big Bitcoin Cash news now has a massive influence on Bitcoin Cash the price has gone up more than %100 and it just keeps going. But why do a shopping mall even need cryptocurrency as a form of payment you might ask? Not everyone credit cards support international transfers and it has to do with a bank system, some people just love to do it the decentralized way!
But how would Jeff Bezos's investment in Bitcoin Cash influence Bitcoin Cash? Amazon is one of the biggest companies in the world, also remember when PayPal added Bitcoin into its system we saw a spike in the price of BTC.
Day 30, things are looking very good your investment is looking like profits. Not only that Bitcoin Cash is now being talked about everywhere on the news, Reddit, Facebook, and many more. Whenever someone wants to purchase from Amazon they would see the option to choose Bitcoin Cash.
Let's do a rough maths, Amazon gets 400,000 purchases worldwide, if 400,000 people sees "pay with Bitcoin Cash" options this means Bitcoin Cash is getting a free advertisement from one of the biggest online shopping malls in the world which is amazing and the best part it would last for a very long time if not forever.
Jeff Bezos just invented Bitcoin Cash but what does this means for read Ca$, because of the high increase in Bitcoin Cash writers now have more funds that can last for a very long time. Now you are happy knowing that you knew about Bitcoin Cash since, well done, now you are richer.
The Story/article was made to illustrate what could happen if Jeff Bezos the richest man on earth invest in BCH. Let's be honest here the chances are low but it very possible. Even if Jeff Bezos doesn't invest in BCH they are still unlimited possibilities for the rise of Bitcoin Cash. They are many BCH users working on increasing the mass adoption of Bitcoin cash. George Donelly and many more, see you all on the moon!
Give me more ideas for "What If" articles related to cryptocurrency in the comment.
Best to read
What if Satoshi Nakamoto sold all his Bitcoin https://read.cash/@DavidKomolafe/what-if-satoshi-nakamoto-sold-all-his-bitcoin-87c03324
What if Elon Musk invests in Bitcoin Cash (BCH) https://read.cash/@DavidKomolafe/what-if-elon-musk-invests-in-bitcoin-cash-bch-55ebb8ca
What if you find a Bitcoin private key from 2011 https://read.cash/@DavidKomolafe/what-if-you-find-a-bitcoin-private-key-from-2011-a0bb252a
What if you find a Bitcoin private key from 2011
It's a normal day, your scrolling through your browser on a computer, and you hear a large bang on your ceiling. You are afraid and you decide to check it out for yourself but you see nothing. You say to yourself "I need to clean this place up."
You carry things down and you see a lot of printed paper from old years. Now you try to get rid of them, you light a fire, carry some of the papers, and start burning them. You some old magazines and start reading them, to your surprise you found what looks to be a BTC private key from 2011.
This is when things start getting interesting, you quickly say to your self "if it's working then am gonna be a Bitcoin Millionaire" you try not to tell anyone because this is a big deal. You now put in your pocket, and later scan the QR code from 2011. You try several times but it's not working. It seems like it has aged so long and it started fading. https://coinnit.com/best-ways-to-buy-bitcoin-instantly-2020-complete-beginner-guide/
You say to your self "I won't lose hope yet." you now begin to type the private key, trying to log in but nothing is working at all.
In case you don't know a private key is a cryptocurrency secret key that is mixed with numbers and alphabet. It's nearly impossible for anyone to guess.
Later you find out the 3 last digits of the private key have been cleaned off and what left is for you to throw away the paper or guess it. Now you're thinking about what should I do, you visit online discussion sites and tell everyone what you just found.
A few hours later comments start kicking in its left for you to guess it or if Bitcoin is stored in there it would be lost forever, yes I mean forever. https://coinnit.com/best-ways-to-buy-bitcoin-instantly-2020-complete-beginner-guide/
Few days after you found it you stored it in a secret place hoping no one would misplace it, you under pressure even without knowing how much is in the wallet. You say to your self, it seems like the private key accidentally added in a yard sale all those years.
Every night you take it as a duty to guess the private key 30-35 times daily and to your surprise you guessed it right on your computer. You are surprised as you see 110.10 BTC on your screen you quickly get up and say this can't be real, you refresh the page and it's looking very real!
You call your Mom or Your Dad and you can't even talk well on the phone it seems like you have won a lottery. You like I am not the owners of this Bitcoin, but how could you know. You call your mom and dad and explain everything to them, they tell you they did not invest in Bitcoin in the past.
You are very happy and say "founders keepers," but you are a bit skeptical if you should own if you try to see the past transactions and the first deposit on the wallet are from 2010, it seems like the owner of this wallet was very early to Bitcoin.
In 2011, 110 BTC was worth less than $1, this means it was worth less than $100 and it's now worth more than a million dollars.
You say to self keep it or spend it? You decide to sell some Bitcoin to your Bank account and help your parents with money and also charity.
You try your best to stay away from gambling because you know you're already richer than some online casinos. You now have the money to buy the things of your dream and invest in the future of other Cryptocurrency project, good thing you didn't burn the private key because all this shouldn't have happened.
A few days later you share your story on your YouTube channel the video goes viral and TV Shows are ready to interview you about what happened. You are now popular and rich congratulations.
The article was written to illustrate what could happen if you found an old private key with Bitcoin in it. It is something that could hardly happen but anyone that's able to find such is truly lucky.
What if Cryptocurrency become strictly regulated
The cryptocurrency market cap is worth more than $300 billion, but what if the governments decide to ban Bitcoin and all cryptocurrency.
In early 2018 India Bank banned the selling and purchasing of cryptocurrency. India is not only the cryptocurrency to Ban the use of cryptocurrency even Iran also Banned the use of cryptocurrency.
It's a regular day, you're sitting on your couch and scrolling through YouTube, you see a video talking about Bitcoin hackers, but this time is more serious. The lady at your screen is saying "A group of Bitcoin hackers has succeeded in hacking Nasa and is asking for $1 billion worth of Monero for ransom or the files would be sold on the black market for a cheaper price"
In case you don't know Monero is a privacy cryptocurrency, it is fully anonymous and can't be traced. Monero has been used for Many Ransom case in the past, Unlike Bitcoin, all information is stored on the Blockchain and can be seen by anyone.
It becomes very alarming for the United States because the Information is private.
The United States governments now decide to pay for the amount of Monero hoping that the files don't get leaked but it later does. It gets sold on the Black Market for a cheaper price, now the governments are angry and want to track down the hackers, but nothing can be done.
This adds to the "bad name" of Cryptocurrency, although cash has been used in cases like this. As they would say "Bitcoin is used for scammers and it's also used to buy illegal items on the dark web." Even though a huge percentage of Bitcoin supporters take it as a form of investment.
The government now tries to regulate Bitcoin and all other cryptocurrencies. But can it even be possible? All Cryptocurrency wallets and exchanges would now require an ID card as a way to prove the identity of the users. They believe if this was put in place from the start cybercrime with Bitcoin would decrease by a huge rate.
According to expert Bitcoin, scams are worth more than $15 Billion in 2020, (I mean this is even richer than some countries around the world.)
Cryptocurrency users rage in anger after the rule is strictly imposed and the word decentralized is no longer a thing of Bitcoin is now fully regulated by the government.
Day 100 of strict regulations around the World, Bitcoin users generate a Bitcoin wallet the old way you know with Private key, they begin to visit sites like bit address.org. Decentralized wallets get banned from popular app stores: Playstore and Appstore. DEFI platforms begin to pay tax! The worst has happened and you can't even survive being decentralized. The point of cryptocurrency is ruined and Satoshi is somewhere shaking his head.
Day 250 of strict regulation, Cryptocurrency users have had enough, people now find a way to use a decentralized wallet without getting caught. Also, the government has had more than enough cryptocurrency gets banned worldwide and it doesn't look real to you!
They give cryptocurrency users 30 days to sell their cryptocurrency assets, crypto companyand Mining farms to shut down. This is where things get frustrating for cryptocurrency users around the world, YouTubers begins to talk about the situation but nothing can be done about it. But sometimes in you says "why not buy more cryptocurrency" you shake your head with doubt and you take your credit card to buy cryptocurrency and store in a wallet as the market is looking very bearish.
Day 365 of the ban of cryptocurrency, people are now getting arrested for using cryptocurrency. They are now put in prison for specific years for breaking the law. Cryptocurrency is now sold like drugs people now hide to do. You try to keep your hands clean as you try to do anything bad for the main time. Let's hope if everything gets back to normal because if it does, you are now a cryptocurrency Millionaire for buying at a low price.
This story/article was inspired by a thread of what if Bitcoin was banned. I think that the chance of a strict regulation happening is about %10 in the tier one countries, but banning Bitcoin is something that might not be fully achieved by any country because Bitcoin is decentralized and can't be controlled by anyone!
Do you think any of this is possible? Drop your opinions below
What if Elon Musk invests in Bitcoin Cash (BCH)
Elon Musk the CEO of Tesla and SpaceX, one of the biggest electronics car companies in the world just invested in Bitcoin Cash and everyone is trying to sink it in.
It's a normal day everyone is doing what do on tweeter and a shocking tweet from Elon Musk appears on your screen saying: "Just bought some Bitcoin Cash, that's the first cryptocurrency I bough" you like is this real or is his account hacked again.
You go to the comment section to read what people are saying about this shocking tweet, people are skeptical, but some believe it's him that made the tweet. At first, the price of BCH is still at a normal rate, because people think this is a way hackers are trying to manipulate Bitcoin Cash for their gain.
Things start getting interesting after an interview with Elon Musk a few days after he made the tweet. The BCH and crypto fans watching as Elon Musk admit he invested in Bitcoin Cash and States a few reasons why he did it in the first place. He says: "Bitcoin Cash is Better than Bitcoin the original, it's faster and has less fee, we would be integrating it with the next model of Tesla"
You're Like what? this can't be fake, you quickly clear the doubts you had previously. You check how much BCH you have and say to your self "I need more!"
You get your credit card to purchase it through a cryptocurrency exchange and now you feel okay. Few months after the news that BCH would be Integrated into the Tesla electronic car, things start looking very good. BCH is now popular and mass adoption is driving towards it, Tesla investors now see the value in BCH and the mass Buying begins. @MarcDeMesel and other top BCH investor is happy knowing that the BCH increase, in short, is now a sure bet!
One year later after the announcement, Tesla becomes one of the first cars to be integrated with a cryptocurrency wallet. But why would a car even need to be integrated with a cryptocurrency you might ask.
We go out every day with our just the way we carry our credit cards, our cars can also be used to scan QR codes with the help of a camera and a touch screen type in the 12 recovery phrase. But what this means for BCH? every Tesla buyer now has the chance to try out Tesla's new features.
If Tesla sells 1,000,000 of the new model, theirs a good chance that at least 200,000 people are going to try the new features, if they invest an average of $30,000 this $60 million adding to the BCH market, yes I know it's not much but when we add the people who read the news and also the number of people in the BCH communities that sees the potential that's when the rise begins.
Mass adoption begins to move as fast as water flowing down a mountain. News media begins to talk about Bitcoin Cash. It becomes a free advertisement for Bitcoin Cash.
But what could happen in the famous BCH community like Read Ca$, you carry your phone to check the site and you see so many people are writing an article about Elon Musk, you try to check and people are trying to get tipped by ElonMusk, "hmm" you say to your self as you see a username "@ElonMusk."
Did Elon Musk just join the famous Bitcoin Cash community? "Yes he just did," an inner mind of you says. It's like a Joke, you are very skeptical at the moment. You check the profile, it looks very legit, he has a profile and a few post and subscribers. You check the "stats" page at the menu and he has already supported the BCH community. You say to your self "Good thing I knew read Ca$ very early"
The story/article was inspired by Elon Musk being asked several times if he invested in cryptocurrency. Let's be serious here, the chance of all this happening is low, but even though Elon Musk will not be the "Messiah" of Bitcoin Cash they are still unlimited possibilities for Bitcoin Cash to Rise.
Even the BCH community would have a huge influence on the BCH price in the future I believe.
More interesting articles
If Money Was Free https://read.cash/@DavidKomolafe/if-money-was-free-63bc07c0
What if Satoshi Nakamoto sold all his Bitcoin https://read.cash/@DavidKomolafe/what-if-satoshi-nakamoto-sold-all-his-bitcoin-87c03324
What if Satoshi Nakamoto sold all his Bitcoin
You wake in the morning just like a normal day. You turn on your TV and change to the news and CNN lady is speaking saying: " Satoshi Nakamoto the founder of Bitcoin has sold his Bitcoin, this has led the Bitcoin community in pain and also loss."
You like what the heck, what? Is this even real? You quickly carry your phone to check the price of Bitcoin and the value of Bitcoin is reducing $100 every 5 minutes.
Experts analyze that Satoshi Nakamoto owns about 1 million Bitcoins which is about 13 billion dollars, this is more than enough to quickly influence the price of Bitcoin like its a bank Heist.
Now, lets know that when a cryptocurrency is created all the available supply is in one wallet before it becomes distributed or sold.
You now immediately try to sell your Bitcoin, because everyone is about to quit cryptocurrency because the Whale has sold. You managed to sell your cryptocurrency at the price of $5000, congrats you are part of the lucky ones despite the massive loss.
Everyone now wants to know what's going, was his wallet hacked? or is it him that sold it. The number of people searching "Bitcoin" increases it becomes an international headline all around the world.
Satoshi Nakamoto is anonymous no one would ever know but hold up. The United States might be on the lookout for anyone who suddenly gets rich. You know $13 billion in a normal citizen account would spark account suspension. So Satoshi is smarter than that, Satoshi sold his coins on a decentralized exchange that doesn't need ID verification.
Satoshi is now holding $13 Billion worth Of USDT and Usdc the two most popular stable and now one of the richest men alive. He starts spending his wealth secretly as the United States or Japan government might ban the use of Cryptocurrency in public locations, they would say: "he is the richest but how can he spend his wealth lol."
But Satoshi is smarter than them, he sells his cryptocurrency the normal old way peer to peer you know, the normal way drugs are sold.
Now what gonna happen to other altcoins, Altcoin begins to drop in value, the leader Bitcoin has failed and everyone is thinking "now which whale is going to sell, let's think smart." The cryptocurrency community would talk about the fall of Bitcoin, memes would flood the internet, People would lose their life investment.
The FBI starts the hunt finding Satoshi Nakamoto or the hackers that stole all the Bitcoin. They have a clue, the exchange he used to trade is a strong clue! His IP address. In case you don't know what IP address, IP address is like an ID that everyone connected to the Internet has, an IP address can also be used to discover the location of the internet user.
This is where things get interesting, FBI finds out that it's not Satoshi Nakamoto but a group of hackers in a hotel in London with an expensive tech laptop and a few dollars on their hands.
They quickly arrest them and ask them a few questions on live television all the cryptocurrency traders are watching live across all platforms, as the faith of Bitcoin is on a rope. Everyone ask the question "now the hackers are arrested who now owns the Bitcoin."
The government quickly acquires all the Bitcoins from the hackers and a mad protest begins the first cryptocurrency protest known to mankind. Cryptocurrency traders now use the #buybackbtc across all social platforms. (Like they technically do not own all those money.)
Surprisingly the government buys back the BTC, Bitcoin becomes insanely popular because of the national headlines everyone now knows about Bitcoin. All internet users now know is a thing of the future despite the fact it was hacked and manipulated by a group of hackers.
The article/story was inspired by a thread "what if Satoshi Nakamoto sell all his Bitcoin." I would tell you not to think he has access to his Bitcoin. In 2009 the only way to create a Bitcoin wallet was by only using a private key.
Private keys are 1-20 characters mixed with numbers and letters, it is impossible to memorize. Satoshi Nakamoto must have lost it if he wrote it on a paper all those years. It has been more than 10 years of silence. His he even alive!? Drop your comments below?
If Money Was Free
We all want to live the life we're we don't need to work, but we already have money in our bank account or cryptocurrency in our wallets without needing to sweet a thing.
***(increase your level of imagination while reading and enjoy)***
So close your eye imagine a morning where the government of your state sends $5 million to everyone account for doing nothing but just staying alive. I would guess that day would be your most happy day. Your Neighbors are going to come out dancing like the world is about to end and everyone is screaming "am rich," but hold on a second it doesn't last too long.
When money becomes in everyone's hand then who is going to go to the farms and plant your food who is going to rear the animals? Few hours after everyone has recieved their $5 million people are going to rush to the stores and buy the things of their dream. No one is going to do anything but spend, people would not resume work the next day, but the spending would be massive.
Few days later something bad is going to happen. The value of things are going to increase in price drastically because of supply and demand. Everyone now has money to buy anything they want and the value of money has reduced drastically.
But let's switch this around, let's say the price of things never increased because that's what we would like to here and enjoy. Few hours after money is sent to everyone for the nothing but being alive, everyone will start doing mass spending. People would buy even what do not want, trust me when I say that, I would even get my self an I phone 12, but I do not want an I phone 12 if I worked for the $5 million the government just shared.
The buying continues at popular malls and store around the store, everyone is now rich the crime rate goes to zero percent (Like who is going to think of stilling if they had $5 million free?) everyone will try to get their favorite items and in fee hours everything in the malls are finished there's noting left, i mean nothing people has bought the whole store. But let's just hope their was no dragging of Items like Black Friday, ohh wait their would be!
As the stores item is about to finish everyone becomes super aggressive to get what they like. Everyone would be like a wild animal searching and hunting for items from stores to store, it would be like the crowds you see in protests but it's not, I would call them "buy hunters," everywhere becomes crowded and people becomes angry they where not able to get their hands on things. Let's hope people do not start stealing others goods.
The stealing begins, normal citizens would feel it was gotten for free and steeling the items won't be a problem. Everyone rushes to their homes with items they have managed to get.
Day 90 of everyone not needing to work, this is when hunger kick in. You go out of your houses everywhere is looking like animals invaded the place and left the place with packet of biscuit and other box on the street no one cares to pick it up because no one care everyone want to spend thier money.
Let's hope that everything gets back to their senses and now act like normal citizens, because you know everyone need to make the world a better place for everyone it is important.
This article/story was inspired by my mom asking the question can't the government give us free money during covid 19?
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Things you should know about Tether (USDT)
Have you heard of USDT? Did you know is the third most valuable cryptocurrency now? In this article, I'm gonna be explaining from A - Z what Tether is and why it was created.
Hi guys, welcome to another episode of "things you should know" where I give a comprehensive article on what a particular cryptocurrency is all about so sit back and relax because after reading this quality article you should fully understand what Tether (USDT) is.
Table of content
What is Tether (USDT)?
What are Stable Coins?
What are ERC-20 tokens?
When was USDT created?
How can I get a USDT wallet?
Can USDT be mined?
How can I buy and sell USDT?
What is Tether (USDT)?
Tether is a cryptocurrency that is pegged to USD, it is part of the Stable Coin family. Crypto coins like USDT enable easy trading for traders on an exchange to quickly buy USD with fewer fees compared to sending the funds to a bank which can take up to %10 fees.
What are Stable Coins?
Stablecoin is a type of Cryptocurrency that tries to keep a stable price with a fiat currency. Imagine a cryptocurrency that is always equal to $1 no matter the market condition.
Cryptocurrency is known for being very unstable, it can gain or drop more than %50 in less than 24 hrs. Stable coins enable cryptocurrency users who want to use cryptocurrency but not like an investment.
What is the ERC-20 token?
ERC20 tokens are used in the Ethereum platform. A wallet that supports ERC20 tokens can receive and access any type of ERC20 tokens. ERC20 wallets address are mainly used for Airdrop and ICOs. Your ERC20 wallet address is just like a normal Ethereum wallet, but it is capable of receiving multiple currencies from the Ethereum platform.
Cryptocurrencies Like USDT, Ethereum Classic, yearn.finance, Compound, and more are ERC20 tokens under the Ethereum platform.
When and why was USDT created?
Tether was created in 2014, 5 years after Bitcoin was created, Tether because the first stable cryptocurrency to exist. Stable coins like USDT is practically in every exchange, Stable Coins allow traders to trade USD in the form of Cryptocurrency without using any Bank. https://coinnit.com/best-ways-to-buy-bitcoin-instantly-2020-complete-beginner-guide/
How can I get a USDT wallet?
Before you can receive a cryptocurrency like USDT you would need to own a cryptocurrency wallet. Getting a crypto wallet isn't difficult, Cryptocurrency wallet like Coinbase also supports this USDT and Usdc the two top Stablecoins or you can either search "Bitcoin Cash wallet" on your Google or Appstore.
Why is USDT stable?
USD is stable because it is backed up by USD. When USDT was created it planned to be a stable cryptocurrency, the USDT token has been used to avoid regulation of USD by the government. Sometimes because of supply and demand, you might see USDT being at $0.95 - 1.06.
Can USDT be mined?
USDT is not part of the minable cryptocurrency. The only way you get USDT is by receiving it in a wallet.
How to Buy and Sell USDT?
Buying USDT directly might be a bit difficult, although you can find international apps like Luno which comes with that feature, but not that you might be charged a high amount of fee. You can also buy Bitcoin from LocalBitcoins and transfer your funds to an exchange like Binance and swap your Bitcoin to USDT. You would be charged less than %1 for the transaction. https://coinnit.com/best-ways-to-buy-bitcoin-instantly-2020-complete-beginner-guide/
Conclusion and things to keep in mind
USDT is a stable cryptocurrency it pegged in USD to achieve a 1:1 in price. The Tether cryptocurrency helps traders easily buy USD on an exchange without the need for a bank.
Thanks for reading this article!
Things you should know about Bitcoin Cash (BCH)
If you've been using Bitcoin Cash for a while and didn't know how it works then you are in the right article.
Hi guys! Welcome to a new episode of "Things you should know" where I give a comprehensive article teaching you what cryptocurrency is all about. In this episode, we would be talking about Bitcoin Cash. By the time you've finished reading this article, you would have a lot of knowledge and understand how Bitcoin Cash Works, so let's begin!
Before I start this article, let's begin with the table of contents.
Content of Table
What is Bitcoin Cash?
What SHA256?
When was Bitcoin Cash created?
What is the difference between Bitcoin and Bitcoin Cash?
How can I get a Bitcoin Cash wallet?
Can Bitcoin Cash be mined?
How to buy and sell Bitcoin Cash (BCH)?
What is Bitcoin Cash?
Bitcoin Cash was created after Bitcoin, it is a fork of Bitcoin that was created in 2017. The Bitcoin Cash was created to become a better version of Bitcoin.
Bitcoin Cash was created to meet the demand of the Blockchain by having better transaction fees and speed. I recommend you watch the video below this paragraph and read on to have a better understanding of how Bitcoin Cash Works.
https://youtu.be/ONhbb4YVRLM
In 2017 the Bitcoin fees increased drastically and the transaction speed also decreased, the Bitcoin community needed an upgrade and this led to the creating of Bitcoin Cash a faster and cheaper cryptocurrency of its kind. After the creation of Bitcoin, they are also many Fork: Bitcoin Diamonds (BCD), Bitcoin Gold (BCD), Bitcoin ABC, Bitcoin SV, and many more.
What is the SHA 256 algorithm?
The SHA256 is a crypto Hash function that is used by many cryptocurrencies, this is used to verify blockchain transactions. Cryptocurrency like Bitcoin, Bitcoin Cash, Bitcoin Diamond, and more uses the SHA256.
When was Bitcoin Cash created?
In 2017 bitcoin became very demanding and the transaction fee became not friendly to users around the world. The average Bitcoin went very high up to $50 the Bitcoin community needed an upgrade to decrease transaction fees and increase transactions speed, this is why Bitcoin Cash was created to reach the demand of users and give users the best users experience. Bitcoin confirmation time can last up to 3 days at 0 confirmation, many experts suggest that this is due to a result of a high transaction at the time and low fee paid to the blockchain to quickly process transactions.
What is the difference between Bitcoin and Bitcoin Cash?
Bitcoin and Bitcoin Cash are 2 different cryptocurrencies, sending Bitcoin Cash to a Bitcoin address might make you lose your funds. It is important to understand that both cryptocurrencies run on the same algorithm, but most wallets might not support the ability to do that.
Bitcoin Cash is more scalable than Bitcoin, it has a better transaction fee and also speeds.
The Bitcoin block size is about 1 MB, comparing that with Bitcoin Cash that has 32 times the size which is 32 mb.
How can I get a Bitcoin Cash wallet?
Before you would be able to receive a cryptocurrency token like Bitcoin Cash, you would need a Bitcoin Cash wallet. One of the best wallets to use to store your Bitcoin Cash is the Blockchain Wallet.
Or you can either search "Bitcoin Cash wallet" on your browser or AppStore you should see good results.
Can Bitcoin Cash be mined?
Bitcoin Cash is also one of the minable cryptocurrencies available it can be mined using ASIC technology and also using a computer. Remember the more powerful the processing power of your device is the more hashes you can get.
How to Buy/Sell Bitcoin Cash?
One of the Best ways to Bitcoin Cash is using Local Bitcoin, first, you would need to create an account with localbitcoins.com, buy some bitcoin, withdraw it and exchange it on a site like Binance.
Conclusion
Bitcoin was created in 2009, it made its name to be the best and most popular cryptocurrency in the world. Bitcoin Cash is a fork of Bitcoin, it has the same maximum supply of Bitcoin which is 21 million.
OKEx list Compound (COMP) as one of the tradable tokens
OKEx, one of the biggest cryptocurrency exchanges in the world, announces that they are going to list Compound on their exchange. Compound is an ERC-20 Token, it was launched in 2017, its ranking 23rd on Coinmarketcap at the time of publication. Its aim is to allow users to borrow, lend, and allow users to earn on cryptocurrency in a P2P decentralized transfer protocol.
On June 29, OKEx said that when COMP is added, it will be traded against Bitcoin (BTC) and Tether (USD), the token was added on 6:00 AM UTC, June 29. Traders are now able to deposit, withdraw, and trade Compound on OKEx.
Compound growth
Not only OKEx has listed COMP as one of the tradable tokens but, also Coinbase, Coinbase recently added COMP on Coinbase pro. On the official Coinbase blog, Coinbase said:
"Coinbase owns COMP tokens as a result of a 2018 investment in Compound. Coinbase intends to maintain its investment in Compound for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including COMP tokens."
What makes COMP unique from other cryptocurrencies is the fact that anyone can propose a change to COMP lending protocol, after a proposal anyone holding at least %1 of the total COMP supply will then be able to vote. Once a proposal has been made, COMP owners will be given a time frame of 3 days to vote, once a proposal has received %4 of votes with a major support, it can take up 2 days for the change to be implemented.
@DavidKomolafe
