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Three advantages with Bitcoin Cash for the individual

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Written by   760
10 months ago

Payments

This is for cross border payments, and payments that are opposed by the banks. We have some places that are excluded from the bank payment network, for example Iran and Venezuela. Other places have restrictions, like Argentina and Lebanon. Sometimes there are alternatives, like payment processors. They will also have some restrictions. The hawala system can sometimes save you, if you have the right contacts. Then there are some perfectly legal enterprises who have difficulties with their banking, for instance weed dispensories in the places where it is legal, but the banks regard it as a reputation risk. The same with weapons dealers. Even if the banks function good enough for the purpose, it is good to try the Bitcoin Cash payment methods, because banks can come into problems in the future. That would be places with already relatively high inflation, and where the government have loans up to their ears. Banking and inflation problems come as a surprise to most people, and it is good to be prepared.

Inflation Protection

The people who earn more than they consume, sometimes called the middle class, will always have a savings balance, either in their own house, equity shares, government bonds, diverse pension and life insurance schemes, bank deposit money or cash. The bonds, pensions and cash are denoted in the local currency, and therefor affected by the inflation of the local money. You don't have to have everything in sound money. If you expect a rather low inflation of 10%, you can have for instance 20% of your money in Bitcoin Cash, it could protect your buying power, and the low coin allocation makes it safer. We all know the volatility with coins. With higher expected inflation, increase the allocation to Bitcoin Cash.

Hodling

Hodling has the same advantage as protection against inflation, but you go further. A hodler has understood the intrinsic scammy nature of national fiat money, and he sees the coins as an opportunity do do some speculation. Notice the word speculation has a bad repute, but with finance it means only that you know something, you reason about it and take action, positioning yourself to take advantage of a future calamity. When inflation or banking problems arise, some of the real assets will also go down the drain. Houses can be overvalued compared to its real advantage for the house owner, it can cost more than the value it has to you for a shelter. The stocks can also be overvalued, because the current system with low interest rates over years have made companies less an investment in productive capacity, and more like hedge funds. A hodler will convert most of his money to Bitcoin Cash, only having a buffer in local money. He will also convert some real assets, for example a second housing unit, originally aquired for inflation protection, but not for living in it, but to rent it out. Even the primary housing, instead renting a place. Some hodlers go total, starting to spend minimally, to aquire as many coins as possible, in a manic manner. The reason is not to be bewitched with the thought of money, but thinking that he in his young age can really come by with less, to have freedom and an easier life when he grows up.

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Avatar for ErdoganTalk
Written by   760
10 months ago
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Comments

Everytime l read an article about BCH , it motivatees me to buy more . Cheers , you choose the right topic to write about

$ 0.10
7 months ago

Yeah, I found it very easy to send money anywhere with low fee

$ 0.00
10 months ago

I have been patronizing airdrops for a long time for the sole purpose of getting those free tokens. I did not really fully understood what it is all about until I read some of your great earlier articles. I was hooked specially with BCH. Although, I would still need to learn more since I consider myself as a newbie. Is there any wise advices you can share to me? Also, your writing style is something that I really admire. May you please have the time to visit some of my articles and provide me with an honest feedback? Its pretty unlikely but I hope you would be able to read this. Thank you and God Bless sir.

$ 0.00
10 months ago

I'm new to all this but the more I'm knowing about Crypto the more I'm loving it and I even know hodling too all it takes is little patience I'm on my 1BCH mission hodling it and I personally love BCH it comes with the lowest transactions fee ever the future is bright 💚✅ I love knowing about it more from you people that's great 💟

$ 0.10
10 months ago

It is for everybody, young or old, rich or poor, big spender or saver, the cautious, the gambler, the vendor, the customer, buying legal stuff or illegal stuff, to pay your friend in your neighboring country, or your relative in an evil country!

$ 0.00
10 months ago

Lately,I like more BCH then BTC and other coins.Since,I am on this platform I know how to appreciate BCH coin.You gave us very important information and I will definitely memorize them.In future will help me to deal with BCH coin.

$ 0.00
10 months ago

Those are the reason why it's better to invest in crypto than in the stock market. Low investment barrier as well. As young as 15 y.o. can invest in crypto. The fees are also lesser than in the stock market... And here, you can hodl your crypto for as long as you want it. and BCH is the right crypto to buy if a person wants to invest in crypto 😁

$ 0.30
10 months ago

Thank you sir for your idea about payment. I really appreciate the post ,it help me much and bring my focus on this platform more than others...

$ 0.05
10 months ago

I really like this post. Thank you sir for your idea about payment.

$ 0.00
10 months ago

This article realy helped me Thank u so much

$ 0.00
10 months ago

Just passing by and saw this Article. I just started with my Crypto Journey and hopefully can achieve 1BCH within this year. I trusted BCh and it's the only tokens that I have. Bitcoincash Payment method is really great hopefully in the Future it will be implemented from all over the world.

$ 0.10
10 months ago

Good!

$ 0.00
10 months ago

Until recently, I didn't know anything about cryptocurrencies. Suddenly, I started falling in love with BCH. I read articles, study and save. My goal is 1 BCH, I think I will succeed with patience.

$ 0.20
10 months ago

BCH is the only coin that have the chance of being sound money for the world. But it is not certain yet.

$ 0.00
10 months ago

I think, as in 2020, the year 2021 will also be full of great projects built on BCH thank to the blockhain facilities. I remember the first time that I saw read.cash; it was the first time that one of the top coins had such a platform with "direct" payment. It is still a groundbreaking fact ^^

$ 0.20
10 months ago

I'm still looking forward to bitcoin.cash. I think I'm lucky enough because this is the first crypto currency that I'm hodling and I guess I made the right choice. Being a beginner to hodl this year makes me really curious about trading and investing and I just wanted to share that I have a goal this month which is to accumulate $100 for this month as of now, I already have $63 bch and hoping to make it this month. However , it's kinda hard since the bot is not visiting me. (looking forward until I reached my goal and buy a land as another investment in the future) this article keep telling me that I should hold it for a long term.

$ 0.10
10 months ago

I really believe right now that BCH is the new future..

$ 0.00
10 months ago

To me BCH means luck. As long as BCH is showing its form.I love BCH❤

$ 0.00
10 months ago

Yes, I agree so much with the first 2 points of your article.

Honestly I think that when the people without preparation and without prejudice will be forced to use a crypto, they will use the one works better. And Bitcoin Cash works better.

This is why I started to think BitcoinCash should be collected, because this kind of people will arrive in great numbers and will make the difference.

And so I agree with the third point of your article, too.

$ 0.20
10 months ago

You got it!

$ 0.00
10 months ago

;0)

$ 0.00
10 months ago

Thank you sir for your exclusive article. In Bangladesh as well as in Iran and Venezuela Bitcoin Cash has been excluded from bank payments . But the new year will bring some new changes and changes in the rules, I am hopeful .

$ 0.10
10 months ago

Do you have restrictions put on your country from the USA?

$ 0.00
10 months ago

Its Bitcoin , not from USA

$ 0.00
10 months ago

I see

$ 0.00
10 months ago

yes.

$ 0.00
10 months ago

I'm really moving with bch . Though I'm still a learner. I'm holding one soon

$ 0.10
10 months ago

As a beginner in crypto, this helped me a lot. I will consume your advice to help me out of my journey in crypto. I wish you all the best

$ 0.10
10 months ago

"The people who earn more than they consume, sometimes called the middle class" is what we call the upper class. The middle class will be gone soon. Jobless and their businesses are ruined.

$ 0.20
10 months ago

Hehe I tried.

$ 0.00
10 months ago

Hello Sir . We use this read cash website a lot from Bangladesh. However, no one gets any BCH.What will we do now?

$ 0.00
9 months ago

Wow! Why haven't I read this before? Here's what I know about receiving money here in the Philippines from other countries. There is a limit. My brother is a Civil Engineer and he's got a client. The fund of his client comes from abroad. This month, his client can no longer receive money from abroad for at least two months. The bank says, he cannot justify why he is receiving a huge sum of money from abroad. I thought if the sender sent the amount thru cryptocurrency... better yet BCH. He won't have that "limitation" problem, right?

$ 0.10
1 month ago

There are no limits, and there is no one to ask for permission.

$ 0.00
4 days ago

Sir i miss you..

$ 0.00
8 months ago

Benefits of Bitcoin User Autonomy. The primary draw of bitcoin for many users, and indeed one of the central tenets of cryptocurrencies more generally, is autonomy. ... Discretion. ... Peer-to-Peer Focus. ... Elimination of Banking Fees. ... Very Low Transaction Fees for International Payments. ... Mobile Payments. ... Accessibility.

Why do people use Bitcoin instead of cash?

It's faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners. ... Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.

$ 0.00
5 months ago

There is no doubt that BCH bitcoin cash is now booming. It should be taken for the future. You have important information of holders. We should start from less and head towards more and more

$ 0.00
6 months ago

Yea, i don't have to have everything in sound money. If someone want's suggesting to me i will suggest him to invest in cryptocurrency. As though i am connected with this crypto world, i know a bit about this.

$ 0.00
7 months ago

Sir no doubt you put great knowledge to reveal the importance of BCH.But I have a question Can not read cash should be adopted from bot to human system to control.Sir I write 13 articles because I have passion and love to BCH.But this bot I don't know spam me.Sir if human team is present then they judge good rather than a bot.. I am going to write about it an Article to read cash officials😶😶

$ 0.00
7 months ago

Hello sir/ma'am. I just want to say thank you for upvoting my composition. I appreciate it so much. ☺️ It made me cry. I didn't expect it really. Thank you so much. More blessings to come. ☺️

$ 0.00
8 months ago
$ 0.00
8 months ago

sir 95% of the money I earned from Noise cash has been spent on promoting .BCH. I currently have no BCH money. I feel bad for this😭😭😭

$ 0.00
8 months ago

Well done 👍 you nailed well. Keep it up you are going so well appreciate your article you mession a lot of new things. Yes BCH is future game changer and we also working hard to launch this BCh in Pakistan because I see it as top in future. It has less withdraw fee and more versatile .. 😊😊

$ 0.00
8 months ago

Thank you for your article, sir. Now I am more determined to earn my first Bitcoin cash from read.cash by writing some articles. I hope I will be able to achieve it this year even though I am only starting my way up. I'm looking forward to the day where I can live a better life with Bitcoin Cash. 😊

$ 0.20
10 months ago

@ErdoganTalk can you please help me? My comments are marked as low quality spam and you can see that they are not. Meanwhile others post hundreds of "OK, good, nice post" etc type of comments and are not flagged. Also, some of my posts have zero views! Please tell me what should I do?

$ 0.00
9 months ago

As a beginner in crypto, it helped me a lot. I will take your advice to get out of my journey in crypto. And the market value of bitcoin cash is much higher. It is expected to grow further. Now the market value of Bitcoin cash is 520+ dollar. Good luck to you

$ 0.00
9 months ago

Just passing by and saw this article. I have just started with my crypto journey and hope to achieve .5 BCH within this year. I trust BCA and this is the token to me. The BitcoinCashment method is really great that in the future it will be implemented from all over the world

$ 0.00
9 months ago

Thank you very much sir for money, you ate Big help to my GrandFather who have Diabetes 🙏🙏

$ 0.00
9 months ago

Sir, There will come a day when BCH will make a special place among other incomes. This may be the only source of income. I come to it🤞🤞🤞

$ 0.00
9 months ago

sir you are great Tell everyone about Bitcoin cash. I think everyone should know about bitcoin cash. Sir, I hope one day everyone in the world will recognize this coin. I love Bitcoin cash.

$ 0.00
9 months ago

Well said sir💕💕 I like your every post🌹 I am your Big fan of Noise.cash💕 I love BTC Cash 🌹

$ 0.00
9 months ago

I have already experienced one terrible inflation, so I will follow the advice from your article. I think I will leave aside BCH as much as possible.

$ 0.10
10 months ago

What country?

$ 0.00
10 months ago