BCH is prime to rise
Bitcoin Cash (BCH) is a cry from the poor, a loud signal that the financial institutions have failed. “BTC is the reserve of greedy men”, they say, “BCH is the reserve of the people”. BCH takes the “people’s reserve of money” narrative and makes it more sophisticated. The people’s reserve of money implies that money is the result of democracy, and the wills of the people are what set money into motion.
This money is only as strong as the will of the people, it cannot be owned or manipulated. In this way, Bitcoin Cash can represent the voice of the people in a fundamental way. Bitcoin Cash may not have the most coins in circulation. But the way Bitcoin Cash operates means that it will never have to be manipulated to the point that it runs out of value. Its value will be based on the needs of the community.
However, the reason BCH may not have more coins in circulation is that it does not need to be manipulated to that end. Bitcoin Cash (BCH) may have a Lower Price than Bitcoin (BTC), but it will deliver more value. The goal of any decentralized currency is to provide value to the user.
Bitcoin Cash has gained traction among merchants and traders and may be experiencing a dramatic user base growth. The number of users is growing and there is a deep support base for the currency. BCH is leading the way in user adoption and growing adoption.
Moreover, the BTC community has yet to reach a consensus on how to scale on-chain and on what code to implement to make changes to the BTC blockchain. The community can agree to update the code, but this is very difficult, especially at this stage when the blockchain has been hijacked by a few individuals. Bitcoin Cash (BCH) offers something that Bitcoin (BTC) doesn’t, and that is its ability to provide value to the community as both a means of exchange and a good store of value.
I feel that the cryptocurrency community has reached a consensus on what it is trying to achieve. The consensus is that BCH is the “reserve of the people” and that is an easy sell to the average user. That is what is happening at the moment: BCH is a movement, not just a coin. What is the price of BCH now? $1000? No, it is less than that. The movement is what matters, not the price of the coins themselves.
BCH has gained traction as the community and media rally behind it. BCH is been used as salary payment in most countries and is the tip of the spear for the people who want to “take back control” of their money. They are sending the message that we no longer have to accept centralized control of money. BCH is sending this message loud and clear, and it’s working.
Two waves of BCH In economics
A “wave” of any kind of economic data is an increase in price. Every time there is an increase in the price of a product, there is a “wave” of consumption that follows. If the price of X rises, consumers consume more X. The GDP for every country increases with the rise in prices of X. The production of products that can satisfy the increased demand is increased.
We are in the midst of a wave of adoption of cryptocurrencies. The “wave” that began in the early days of Bitcoin is going to experience another wave, and BCH is just the tip of the spear that will drive this wave of adoption. There is significant evidence that Bitcoin Cash is the currency that will drive this wave. BCH has great value as an alternative to the failed BTC. People are switching to BCH. The adoption of BCH is growing and will increase as more people see its value.
BCH is the first real competitor to BTC. In the coming years, the interest in BCH will rise as the fiat financial world gets bombarded by cryptocurrencies. The fiat financial world is coming to its senses, and Bitcoin Cash is the cryptocurrency that will lead the change. The reason for this is simple, BCH is the cryptocurrency that truly gives the people what a cryptocurrency should be. It is faster, cheaper, and more reliable. It’s an alternative, and a superior currency, to the fiat financial world.
The BCH community will prove it with the “real world” success that they will have. The value of BCH will rise and the adoption of BCH will become widespread. Fiat financial institutions will be bombarded with cryptocurrencies as more people begin to seek alternatives to fiat. The solution for fiat financial institutions is to upgrade and adapt to new technology, and that is exactly what they are doing. It’s clear that the “global banking system” will undergo substantial changes.
We are still ways away from the fiat financial world being overwhelmed by the rise of cryptocurrencies, but there is evidence that this change will come sooner than expected. Bitcoin Cash is clearly the product that will drive the adoption of cryptocurrency. The masses are in love with BCH, and this is the wave that will change the world financial system.
Forget about the propaganda, forget about the Tweeter's voting manipulation against BCH, and think about it in terms of utility and value. Bitcoin Cash has real value, real advantages, and real use-cases. If you are not using BCH, you are falling behind. The curve of adoption is accelerating, and BCH is on the right side of this curve.
Give BCH a chance. Join the BCH community and spread the word. BCH is the real reserve of the people, and it is the tipping point that will take cryptocurrencies to a new level. Get in on the wave that will change the world.
This opinion in this article is solely mine and has no resemblance to any other article elsewhere. If in any way you find a resemblance it will be a coincidence. I am in no way a professional expert on cryptocurrency, I am simply a BCH lover who wants freedom from the present world financial system.
That's why I save and invested some of my extra money in BCH because I believe BCH will go up high again. And it's already started.