3 Current obstacles of bch

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3 years ago

It is no news that BCH has broken boundaries and successfully conquered a number of obstacles it has been faced with since its emergence. The great people behind this project coupled with its good intention were the factors that warranted this level of success. Considering the proposed goal of bitcoincash, there are still more to achieve and just like in the past, these achievements won’t come on a platter of gold. There will be more mountains to climb, more commitment to make and still more obstacles to face.

If I had the power with my current understanding of bitcoincash, I would pull it to its deserved position which is the TOP where it would glare and the world could clearly see. Talking of functionality, it is currently at its peak delivering exactly what it promised. The cheapness, fast transaction and ease of accessibility were some of the values expected from bch and those are what it is exactly rendering. Most of bitcoincash’s problems now point toward adoption. How it would be able to reach the people. This could have been very easy if everyone had the same dream as BCH.

1. Ignorance

Ignorance is a huge enemy to the growth of bitcoincash and it happens to be in different forms. Some people might be well informed in some area but totally clueless in others. Getting bitcoincah to the ears of these is such a tough task. The following are the three most common forms that poses threat to the growth of bitcioncash.

First is the issue of suffering and smiling which comes when we don’t even know that we are actually suffering. We see financial dictatorship from the government as a norm therefore, most of us don’t even feel the need to fight for our own freedom. So let’s say you meet a random man on the street and you begin to tell him how he has been denied the right to use his own money freely, he may not even wait to listen to whatever supposed nonsense you have to say. That is because he probably had never experienced any change in the banking method since he started using it except for the usual problem of sluggish transactions, high transaction charges that seems normal to him, censorship and monitoring that he feels he can’t be freed from and other ill services offered by the bank. This happens to be the problem with most people until they are persuaded to open their eyes then they realize the truth.

Secondly, most people have been brainwashed to believe that everything that has to do with the virtual world and involves money is potentially a scam. This is what they have been made to believe. This is what the government sings in their ears every day. They even try as much to prove it by placing bans on cryptocurrencies. They do this because they are aware that crypto is a huge threat to their manipulative reign. Then, there are the common people who could only fall for their tricks and believe them. This set of people are hard to convince.

The third form lies with those already privileged to be in the crypto community. There are many people already dealing in crypto and maybe because they started out with the wrong one, they develop the perception that crypto is simply a game, everyone is out there to play the game and none is to be trusted. I have come across a lot of people like this. They even believe that they are the wisest in the game so, when you try to convince them about genuine projects like bitcoincah, they pay less attention. This isn’t totally their fault because they were forced to believe that from awful experiences with a lot of shitcoins out there.

2. Selfishness

There are people who are not ignorant as regard to the potentials of bitcoincash but they rather choose not to support it because it doesn’t full up their bags as quickly as they would expect. It is actually the matter of greed. The big people supporting bitcoincash are not doing it for their immediate gain, they are doing it for the sake of humanity and for the freedom of the masses. While they look ahead of everything to envision the bright future of bitcoincash, the selfish ones complain of the price. No wonder they say that greediness makes people become myopic. What they don’t know is that at this point, bitcoincash is the best choice of investment for the wise.

3. Lack of popularity

This is obviously a very huge hindrance to the growth of bitcoincash. And again it is the problem most easy to tackle. Bitcoincash is not known to a lot of people yet; even those that are already introduced to crypto. If you ask a group of 20 or more people, only one is likely to know what bitcoincash is. The reason being that it is younger than some of the others which means a lot of work has to be done. We can’t underestimate the power of popularity over adoption because it is when you even hear about something that you would even care to find out more about it.

We have been equipped with many platforms to be able to bring in the targeted audience of BCH which are the common people. Take for instance noise.cash and read.cash, we could easily invite a total stranger through our affiliate link and then they come to learn about BCH themselves. I believe we all have a part to play in making bitcoincash popular so it could be able to reach its full potentials and achieve its goal.

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Comments

I am completely agree with you Buddy! Yeah this myth people have no trust on digital currency. Some people with lack of knowledge afraiding everyone that don't invest in cryptocurrency this is fraud. This is not fear this is done by most popular man bill gates he said that cryptocurrencies are fake and looting people.

But in reality when we involve with it. There is nothing. I have been working with cryptocurrencies from two year i never see that i got hacked or i lost my profit. Espically in BCH. We need to rootout this misconception

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3 years ago

Very interesting take on the whole thing. Who knows where it goes in the end, or if some other coin comes along that's better? I tend to think BCH has THE most potential to actually become a useable and widely accepted form of payment—IF the right people catch on and start adopting it and allowing it to be used.

Only time will tell, I suppose.

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3 years ago

Good one nothing come easily.

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3 years ago

For me, I believe that BCH is purely on the right but just as you have stated, a lot of factors are still limiting its exponential growth but with platforms like read and noise cash, the sky is just a stepping stone.

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3 years ago