Join 63,938 users and earn money for participation
read.cash is a platform where you could earn money (total earned by users so far: $ 342,222.42).
You could get tips for writing articles and comments, which are paid in Bitcoin Cash (BCH) cryptocurrency,
which can be spent on the Internet or converted to your local money.
Takes one minute, no documents required
The Undervalued Coin Has Been Valued: Bitcoin Is Not A Viable Crypto, Bitcoin Cash Is!
For a few consecutive days, Bitcoin Cash maintained its uptrend leading to its new ATHs. Since the beginning of the year, BCH already showed bullish signs that everyone should have noticed. And in the past 30days, it showed a huge growth according to Coingecko. We have seen how BCH price increases day by day and from $500+ price last week, it made a giant leap to $1200+ last March 17.
A week ago I have made an article stating why we should hold more BCH and some of the reasons why it will make a giant leap to the moon, and it really did went to the moon.
Bitcoin Cash became inevitable and proved to opponents that it can be better, and can be valued like other cryptocurrencies as well.
Now, BCH enthusiasts can walk on the street with heads high up and so proud of BCH's achievement. Don't ever call it shitcoin, or you'll be punch like this 👇
The latest debate between BTC maxims and Kim Dotcom at BTC Clubhouse perhaps changed the minds of many. The video was an eye-opener to all where Kim explained why he chose BCH over BTC and the great potential of BCH.
Ever since its inception, BCH has always been undervalued most especially by BTC supporters. The BTC maxims even censored some part of the videos, maybe because they know that it will gonna be a threat to Bitcoin. These maxims are just pure propagandists and don't even know why BCH technology is much better than BTCs.
Fortunately, Roger Ver has able to upload an uncensored video with the full debate between Kim and BTC maxims. The video circulates the crypto space and got thousands of views.
From that moment, we've seen a big increase in BCH network transactions. Kim Dotcom, @RogerVer, @MarcDeMesel, and more BCH supporters continued to spread awareness about Bitcoin Cash. Here's a short but precise video that will let you understand why you should choose Bitcoin Cash.
We have also seen some tweets on Twitter about BCH that caught the attention of many crypto enthusiasts. This is one of the best tweets I like about BCH.
The Coinbase listings on NASDAQ and its adoption to peer-to-peer system played a big influence in the recent Bitcoin Cash uptrend. Because of these factors, many BTC supporters have switched their decision and changed their perspectives towards BCH. And perhaps, many new investors have valued BCH over BTC.
And if I am an investor, I will choose digital cash not a shitcoin!
This is just the beginning of BCH mass adoption. Noise.cash, a mini tweeter BCH-powered platform together with read.cash have made a big role in this mass adoption and continued to onboard thousands of users day by day. The upcoming SmartBCH will also rock the crypto space as more BCH-based dApps will start to pop out in the DeFi space anytime soon, and more transactions will be added to the BTC network.
BITCOIN ALWAYS FAILED TO DO ITS VISION AND NOT A VIABLE CRYPTO, BITCOIN CASH IS!
Bitcoin may be universal and the most popular crypto in the world, but it is considered a store of value rather than a payment network. It seems to offer innovative options not only decentralization but also limited money supply in which the government is not needed for the currency system. However, there are a lot of issues behind the BTC network that makes Bitcoin not a good option for digital cash.
Bitcoin as a whole is loaded with technological issues that can not be considered viable crypto.
It has slow transaction speed and high transaction fees due to its small block size so can not be future digital cash.
The limited supply of 21M with continuously extending blockchain decreases the return on mining but increases the costs, and only those who have unified into the group can partake in the process.
Bitcoin can be a medium of exchange for some, but fails as a unit of account since it is too volatile that can not be considered as a reliable vehicle to store value for a long period.
Bitcoin can be shut down by the government.
The Bitcoin system is controlled by major mining companies and is too costly for individuals.
Bitcoin even used by terrorists and criminal acts globally, which played a part in influencing Bitcoin's price.
The only reason why people are buying the coin because they believed that they can have higher returns in the future but this coin is not viable crypto and can not be used as electronic cash, a contradiction to its vision on its whitepaper.
Almost from its inception, only a few percentages of BTC transactions have been for actual goods and services, because many have been for illicit goods and services like online gambling and drugs. And who will ever use it in daily spendings?
The failure of Bitcoin to fulfill its promise as a currency has to do with practical problems with the way it works since it was designed very slow at processing transactions and the fees are extremely high.
The more people HODL Bitcoin, and think of it as a speculative asset, the less appealing it seems like a currency, and it is really a speculative asset. And since it is very volatile and expensive, businesses and individuals are discouraged to accept it in exchange for real goods and services.
However, Bitcoin Cash holds all the functions of a currency:
In the recent bull market, we have seen how Bitcoin Cash outperformed Bitcoin once AGAIN. BCH has able to be on track for consecutive days while Bitcoin reached its new ATH but eventually dropped drastically.
It's really frustrating every time I trade with Bitcoin, as it drastically goes down the moment I bought at a higher price as I thought it will continue to go higher. But with Bitcoin Cash has saved the falling trend and lifted the hope of many.
BCH transaction volume increases and at the time of writing, it has a 24-hour trading volume of $14.2B and finally regained its spot on the top 10 valuable cryptocurrencies.
Something that can shut the mouth of those who undervalued BCH. And in this recent bear market, it also shows positive signs as it regained its trend a few moments after falling to $806, unlike Bitcoin that which even go down to $50,000 from its new ATH $64,000.
Bitcoin is so expensive that small investors can not afford it. Bitcoin Cash is still at its affordable price that everyone should consider buying before it finally surges above a support level of $1000. But even if it does, it will still be the coin of the people.
Bitcoin is used by illegal gamblings and crimes but Bitcoin Cash is used to feed less fortunate people.
When the pandemic put people into economic crisis, especially in poor countries like the Philippines and Bangladesh, BCH-powered platforms like noise.cash, and read.cash lifted the hope of the users, including myself.
Bitcoin Cash has also helped a lot of students on this platform. The founder has created this for BCH mass adoption, but for us users, it's like our savior and an eye-opener, because before we met read.cash, what we only know as Bitcoin.
The opportunity to earn Bitcoin Cash through these platforms gives us hope that no other crypto can do, not even DOGE.
Many BTC maxims have already converted to BCH, but others like this cheap Elon Musk are still shipping a shitcoin.
One day, those people will realize that they are not holding a digital asset, but a shitcoin!