"No value is created by issuing a coin. Value is created when people use it. Build use cases."
Those were the exact words of @cz_binance, the founder and CEO of binance as seen on the street of Twitter. I'm sure most of us know or must have heard of binance before. It is a crypto exchange platform and a very big one for that matter if not the biggest. And they have developed and enlarged their coast so much that they're are currently functional in a good number of countries. In my country especially, binance is so popular that it had overshadowed other exchanges.
And if you use binance, then you must have noticed how they list a lot of coins, that makes me wonder if they even get to find out the bases for those coins before accepting them. Most coins on binance are shit coins which is the reason one would rush to buy a coin after binance listing and later end up losing everything. They don't even care the kinds of coin they put up for future trading and if you are inexperienced enough not to make your own research, you would be the one that gets liquidated in no time while they keep making fortune. They provide you with an enticing but deadly leverage(that is business anyway).
Seeing that particular tweet up there makes me so happy that an exchange like binance which is only concerned about making profit and not about how much you have to lose as a user has also noticed the redundancy in shit coins and is raising alarm on how to make the Crypto atmosphere more conducive and valuable. These exchanges accepting to list just any coin for their own gain is the reason we have more shit coins than the users today. A lot of purposeless projects just to defraud innocent users of their hard earned money.
"Build Use Cases" This has always been the watchword and mission of BITCOINCASH. Because the people behind the BCH project are not ignorant of the fact that Value is only created when people use the coin. To be honest, what is the value of an invention when it is not useful to the people or has no targeted users. What is the value of a company producing beautiful cars only to be packed in their garage and never touched the road? It will simply be worthless.
One major problem with building use cases is the question of whether the coin itself is usable. A coin that can not be sent from one address to another without incurring a ridiculous fee is simply unusable to the common people. A coin that can't be used for emergency cases like paying for something immediately you need it wouldn't be embraced by many. A coin that can't be adopted into platforms like gaming, blogging etc due to its inefficiency to function properly for those purposes is simply not usable. Now consider BITCOINCASH as a usable coin for the fact that it fits well into the specs above. A fast transaction with minimal charges. Usable on most platforms which contributes to its progressive growth.
If the issuers consider their coin usable then what do they need to do to build Use cases and make it Valuable? Let us still consider BITCOINCASH which had gone through stages and phases to be where it is today. What is it doing differently that is making its adoption rate grow exponentially? BITCOINCASH doesn't beg to be listed, it is being listed because it is consistently gaining popularity. Trust me, there are a number of local exchanges you don't even know exist that are currently using BCH. How is it able to gain this popularity? Now consider the number of platforms currently operating solely on BITCOINCASH.
Let us not even go too far yet: Only read.cash and noise.cash would do for this example. These 2 micro-blogging platforms have contributed immensely to the current growth of BITCOINCASH. The number of transactions that is generated on the Blockchain daily from just these two platforms is highly applaudable. They have been able to bring BITCOINCASH to the knowledge of many people from different countries who otherwise wouldn't even be aware of BCH's existence. Aside these two prominent platforms, there are numerous others operating on BCH currently doing well for their respective purposes. This is how a coin is acknowledged as being useful and Valuable.
The BCH team are always on their toes making sure the coin reaches as many people as possible and that accurately defines 'building Use Cases'. You can't create a project without a patent network and expect it to just grow. No body would use it if at all it is usable because nobody is aware of its existence.
Truly, Value is only created when people use a coin.
Truth to be told BCH needs more adoption than any others token. It was top 5 token, but right now it's struggling to place top 30. Most whale investors don't focus it because it might get scam in future 🙃