How Bitcoin is Gen 1 and BitcoinCash is Gen 3 ?

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Avatar for Ibrar6845
3 years ago
Topics: BCH

While everyone knows who is the founder of or the genesis of this whole new world..Ofcourse its Bitcoin..But Unfortunately as the time passes by..BITCOIN is losing its aim of creation which was by Satoshi Nakamoto " A decentralised way of payment Not controlled by a single entity or a Single Government as Usa holds 2/3 of world gold..Bitcoin is held by common people which they can use to buy order and spend for goods.

2nd Purpose of Satoshi Bitcoin was to avoid the inflation problem.

But rightnow as we speak Bitvoin is being played by whales and Godzillas and common people are just watching a show and putting their money on speculation.Biycoin is more of now as a store of value and less of a way of buying goods and spending it on daily chores . We still remeber the twin pizzas bought in 2012..right...PAPA JOHN PIZZAS..ON 22ND MAY..

My Point of view is that we can still purchase A myriad of things as we speak like buying Gold,Real state,Even A countries nationality and citizenship like VANUATU

Dont worry fellows we cant only buy exotic and expensive things only...We can buy EXPRESS VPN ALSO VIA BITCOIN.

Yes i Agree , if we can purchase everything with bitcoin then whats the purpose of Hard Fork of bitcoin ..the purpose of creating BITCOINCASH...MY Friend The main catch in the story comes now...Do you know how much money you have to pay for a single bitcoin transaction and How much time it takes to be successful if you dont offer a handsome sum.Ofcourse it mightnot be an issue for a number of you guyz but for us for people living in 3rd world countries thats called an enigma..we cannot afford to pay such a pile of numbera for getting a VIP transfer. IT would still be like using a bank transaction WILL A LOT OF FEE AND TIME.

Here BITCOIN CASH kicks in as BOOKS AND libraries were overtaken by INTERNET STORM AND THEN FACEBOOK AND YOUTUBE ..AND POSTOFFICE AND MAIL WITH E-MAIL Then with Wattsapp NOW ITS TIME FOR banking systrm to be taken Over by BITCOIN and Now BitcoinCash..I CONSIDER THE BITCOINCASH TO BE MOST Successful Hardfork of Bitcoin Outmatching its Competitors like Segwit 2 and BSV.and i am not the Only one Saying it the most Successful Its INVESTOPEDIA WORDS.

So i think Bitcoin Cash is Gen 3 for Bitcoin Not only solving Time and fees problem but also making it Viable gor a layman to apply ibitcoin uses in his or her normal life.

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Avatar for Ibrar6845
3 years ago
Topics: BCH

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