What Can We Do For Bitcoin Cash?
January 14, 2021
"Ask not what your #BitcoinCash can do for you. Ask what you can do for your #BitcoinCash."
While cleaning my gallery with random screenshots, this photo reminded me of a question that struck me when I joined the Bitcoin Cash discord group during the SmartBCH writing contest. I even asked myself, "is this asked to new invites? Or just to me?" But due to busyness and some reason, I left the group and forgot to reply to this comment. I just screenshot the message as I wanted to write about it, but I seemed to forget about it too, until yesterday when I was clearing my useless screenshots in my gallery. This question lingered in my mind and kept asking...
What can we do for our Bitcoin Cash?
Bitcoin Cash has been part of our lives already ever since we stepped into these two BCH-powered platforms. Undoubtedly, it has been a blessing to all of us, most especially to those who are using these platforms as sources of income to suffice their daily needs, like the students, single parents, in-house parents, and jobless individuals from all parts of the world.
Most of us here have a common denominator, and that is to earn Bitcoin Cash, while a few are just really posting content that is beneficial to these two BCH platforms and could give useful awareness and information to its community.
It is also an undeniable fact that most of us have goals, and that is to save 1BCH or as much Bitcoin Cash as we can while its price is still low. So most of us are just saving and holding, until the right time to spend our BCH. And for me who is one of the holders, I am saving more BCH for my family and future, and the upcoming end of my working contract. So even if I get no job next year, at least, I have some BCH to pull out when I badly need it, while recuperating and preparing myself for the next new journey of my life.
However, just like what @HappyBoy said in one of his articles, we can also spend a little out of our earnings and contribute something for this mass adoption.
Things we can do for Bitcoin Cash
Bitcoin Cash has done so many things and helped us in many ways. This SmartBCH under the Bitcoin Cash network for instance has given more earning opportunities to us in the DeFi world. Moreover, the two BCH-Powered platforms, read.cash and noise.cash, were constantly giving BCH to its users daily. And these are such a blessing and a huge help to all of us.
Bitcoin Cash's success is in the hands of its community. And as part of this community, we, at least, do something for its mass adoption. That's how we could repay the benefits it gave us.
These include:
Patronize BCH Merchants
The main reason why cryptocurrency was created is to be the world's medium of exchange, an alternative to fiat currency. With Bitcoin Cash, it would only take seconds for the transactions to go through, unlike in Bitcoin, and with low transaction fees. For easy access to the merchants near your place, you can check the Bitcoin Cash map below.
You can also check this article for the list of BCH merchants in the Philippines Philippine Merchants Accepting Bitcoin Cash (BCH) As Payment, not updated though.
As per sir, @Telesfor Bitcoin Cash is to be used and spent, not to speculate with. And while patronizing BCH merchants, we are helping the retailers to access new customers. At the same time, we are supporting the BCH mass adoption and adding volume to its network.
And based on stats.panmoni.com/merchants, the number of onboarded merchants from August to January kept increasing, and more lists of merchants have been submitted and listed on the Bitcoin.com map.
Understandably, many are hesitant to spend, especially in this kind of crypto market condition where most tokens are going down. While others are only holding until such time that they could spend their BCH already. And in some places, there are no available merchants near them, so they have no choice but to convert their BCH first to fiat before spending. I can't see anything wrong with it though, as trading BCH also adds transactions on its network. The more transactions we have, the higher the volume.
Aside from patronizing BCH merchants, we can also do other things such as,
Promote Bitcoin Cash and Onboard New People
Easier said than done, it is sometimes difficult to onboard new people especially in a place where crypto scams are rampant and people are narrow-minded about cryptocurrencies. I, myself have done this many times before and I just failed many times. However, we should not stop spreading about the goodness of Bitcoin Cash. I believe that out of hundreds or thousands, there is always one who'll be convinced. And if we continue doing so, that one would grow and become many. That's how adoption goes, starting from one to tens to hundreds to thousands, then millions and billions, until the whole world knows about it.
These two BCH-powered platforms noise.cash and read. cash, are the easy getaways to the BCH network. The number of onboarded users keeps increasing day by day. And the benefits these two platforms could provide would help convince new users to hop into this community.
And sometimes, the number of people we successfully onboarded doesn't matter, but the act of helping and onboarding people. And as much as we do, it would be a great achievement if we onboard merchants as well. The more merchants we have, the more
Support Bitcoin Cash Projects
Another way to help Bitcoin Cash is to support its projects. You can visit Bitcoincash.org for the lists of Bitcoin Cash Projects. From the marketplace, donating crypto, eatbch for less fortunate people, fundraising, earning opportunities in the DeFi world, BCH has them.
SmartBCH for instance is providing passive income to its community. This is also the best way to put our BCH to work while we are sleeping. There are also different Exchanges that we could use to trade Bitcoin Cash and other SEP20 tokens under the BCH network. And again, every transaction we do using BCH adds volume to BCH Network.
You can visit this link for the list of SmartBCH projects. But it is worth noting that DeFi is risky. So always conduct due diligence before taking any action.
There are many ways to help Bitcoin Cash's mass adoption, even micro tipping is a huge help to its network. That's the reason why these two BCH-Powered blogging platforms were created, to help BCH mass adoption while spreading BCH to its community.
So if Bitcoin Cash did awesome things to us, then we can do things for Bitcoin Cash as well. And remember not to be shaken out by the bloody market. Instead, stay calm and stick to your goals. And in the BCH community, we are always gainers!
Thanks for reading.
Lead image from Bitcoin.com
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I knew someone, and i was at awe knowing how BCH really helped her in building her very own house for her family. She is the one who introduced me into this platform. I hope I could also help others soon once I could the hang of it.