BCH time finally started, thanks to Roland Brison of St. Maarten island
The greatest news going round of recent in the Bitcoin Cash community is the acceptance of BCH by Roland Brison, a member of the St. Maarteen's island-nation parliament who told the world a few days ago that he would be accepting his monthly salary in Bitcoin Cash from then on. Incidentally, Bitcoin Cash begins to rise in a pattern that we have not witnessed before following the announcement. A shift from the influence of BTC was witnessed for the first time in as many years we can remember.
The acceptance of Bitcoin Cash by Roland Brison sparks multiple conversations and speculations around it within the online chatrooms, forums, social media, and other communities related to blockchain technology. It also forces the question of what effects would this have on the price of Bitcoin Cash (BCH) and global adoption.
For the record, Roland Brison is a higher political figure and a lawmaker in St. Maarten's island nation of the Caribbean. What this means is that he has the parliamentary right to push for a bill that could make BCH a leger tender in the island nation, and that's exactly the message he has sent out to the world in a recent tweet. If all goes well, St. Maarten island will be the first nation to make Bitcoin Cash (BCH) a legal tender. What does this mean to the world and the Bitcoin Cash community in particular?
The acceptance of Bitcoin Cash by Roland Brison is a positive step that will have a positive impact on the price of Bitcoin Cash. It is a strong signal to the global community that Bitcoin Cash is here to stay. The people in St. Maarten and the people of the entire Caribbean and other Caribbean nations will now be able to use their fiat currency to purchase goods and services in the island nation and at the same time be able to benefit from the economic advantages of BCH.
Consequently, Bitcoin Cash (BCH) will see a surge and rally to unprecedented levels. It is the first time in a long time that a politician has shown interest in Bitcoin Cash and has made a public announcement to accept BCH as a means of payment. The political backing of Bitcoin Cash will have a huge impact on the price of Bitcoin Cash. It is a positive signal for the future of Bitcoin Cash. It will have a positive effect on the price of Bitcoin Cash because it means more merchants will begin to accept Bitcoin Cash as a means of payment. It will also lead to a higher adoption rate of Bitcoin Cash in general.
The current state of Bitcoin Cash is very positive. The price of Bitcoin Cash is on the rise, Bitcoin Cash is gaining momentum and has a bright future ahead of it. As a strong believer in the use of BCH as a means of payment. I think this is the moment we have been waiting for, and the fact that this is being done by a politician in the Caribbean is a major positive step. I am a big supporter of the use of BCH as a means of payment. I will be happy to see St. Maarten island adopt BCH as a legal tender.
The acceptance of BCH by Roland Brison is the first step in a long road of acceptance of BCH. I am sure there will be many more politicians who will follow the lead of Roland Brison and will also accept BCH as a means of payment. More politicians' acceptance of BCH would lead to more nations making BCH a legal tender. One thing that makes me have the confidence in more politicians and nations accepting BCH as leger tender is because BCH works, and it's not an experiment.
Bitcoin Cash (BCH) is what Bitcoin (BTC) was supposed to be. It fulfills its initial purpose of being peer-to-peer electronic cash. Bitcoin Cash is working not on some political ideal, but instead, it works on sound money principles. BCH works, and it's not an experiment. You don’t need to look back far in the past to see how the first version of Bitcoin was crippled by artificial block size limits and high fees. This crippled BTC’s usefulness as a transfer of value or means of exchange in commerce.
BCH is the fastest growing and the most efficient form of digital currency. Today BCH is being used in Africa, Korea, Japan, and soon it will spread out to other parts of the world. Everyone strives for efficiency either in business or hobbies and activities, so why can't you see that in digital currency? Businesses today have to take caution when buying something on the internet. Merchants have to worry about chargebacks, credit cards, and other fraud. With BCH all these worries are none existence.
Being a politician of a high reputation, Roland Brison's acceptance of BCH for his salary will have a ripple effect on his entourage and business associates. This means all his entourage, workers, and business associates will need to accept payment in BCH as well. This will cause the price of BCH to rise and the demand for BCH will increase. I believe that BCH will become the world’s single currency someday. I believe that one day every nation will be forced to accept it for its transactions. St. Maarten will pave the way for other nations to follow suit. I believe the time is now.
I am certain more political leaders will soon start to accept Bitcoin Cash as legal tender following Roland Brison and St. Maarten making BCH a legal tender on the island. It will be the first big step towards the mass adoption of Bitcoin Cash on the island. It will also lead to higher adoption of Bitcoin Cash in general. I am glad that St. Maarten has taken the first step forward for Bitcoin Cash adoption.
Bottom line
I am highly positive about the potential of BCH to replace fiat money in the future. With St. Maarten accepting BCH as a legal tender, I am certain more political leaders and businesses will start to accept BCH as a means of payment. This will be the biggest step towards the mass adoption of BCH. I am sure Bitcoin Cash (BCH) will eventually replace fiat money, and the price of BCH will rise.
Roland Brison and St. Maarten, I salute you and applaud your efforts to pave the way for other nations to follow your path. Bitcoin Cash (BCH) is a game-changer in digital currency, and I am sure that one day it will be the most used form of digital money on the planet.
Great of you Sir. You are a role model. Long life and Prosperity for this wonderful information. Thanks for sharing this with us. Keep it up . Continue to shine sir.