Simple Bitcoin Cash Questions and Answers

0 48
Avatar for KennieKing
2 years ago

The big question is as part of the BCH community, if someone who is not part of the community wants to join and start investing in the coin, but then start asking some innate question about the coin, project, tokenomics and the rest, just to be rest assured he is not investing in a shitcoin, how would you answer? well that is the more reason why we have to be deep in research about what we do or invested in, such is also Bitcoin Cash.

Bitcoin Cash Questions from strangers and Possible Answers:

Question; How did Bitcoin Cash come to Existence?

Answer: Bitcoin Cash which is a sound money came to existence through a fork from Bitcoin in 2017, and since then been carrying out the duty of what Bitcoin should be doing.

Question; What is the total supply of Bitcoin Cash and the circulating supply:

Answer; Bitcoin Cash just like the Bitcoin also has a total supply of 21,000, with already circulating supply of 19million, so we have up to 2million to fight for across the globe.

Question; Is Bitcoin cash anyway better than Bitcoin?

Answer; Bitcoin cash was created to be better than Bitcoin, a digital money that would replace our Fiat, Bitcoin is now elite coin, while bitcoin cash is for everyone.

Question; How more can i be convinced that Bitcoin Cash is the real Bitcoin?

Answer: Lets take it from transaction fees, Bitcoin Cash has the lowest transaction when buying or sending to another external wallet. another angle is the fast transaction, imagine sending a coin and in seconds it arrives at the destination? of course that would be beautiful. Bitcoin Cash is permission less, meaning you don't need anyone permission to have spend your token, not forgetting the fact that it is reliable and decentralized in nature, meaning you have your keys to your money no one can steal your money so far you didn't divulge your keys.

Question; Can i send Bitcoin Cash in form of P2P?

Answer; well that's why i call it a sound and digital money, it wouldn't be a sound money if it doesn't offer a peer to peer feature and transaction. for a coin to pass as to be a world digital money that would be easier to be used as payment across board, it must accept a peer to peer transaction.

Question; Do Bitcoin Cash has a side chain to explore the DeFi space:

Answer; This is one of the thing that happened to Bitcoin Cash from 2021, SmartBCH has a sidechain for everyone to explore the DEFi space, with legit tokens and strong community behind it, so everyone is rest assured, though one still needs to do his/her own personal research so as not to lose money, remember this is still a DeFi world.

Question; Who owns Bitcoin Cash?

answer; actually there is no one that owns Bitcoin Cash, it is community owned, so there is nothing like a rug pull by anyone or seeing your money stolen from you, more so Bitcoin Cash is the real struggle and vision of Satoshi Nakamoto, and gradually its living up to the vision.

Question; Can i pay anywhere with Bitcoin Cash?

Answer; well this is the best and biggest part of it, the good news it that over 4300 merchants accepts Bitcoin Cash as payment all over the world and thats beautiful, imaging going to buy something at the store or restaurant and you can easily pay with your Bitcoin Cash without you spending money in Fiat, thats beautiful and easier.

The Moral of this short Article is to enlighten us and make us remember that we have to research more about what we believe in, this would make us be bale to answer anybody that throws any question at us regarding the token or another token outside this space.

5
$ 0.13
$ 0.05 from @Jnavedan
$ 0.05 from @Princessbusayo
$ 0.03 from @Belozoriana
Sponsors of KennieKing
empty
empty
empty
Avatar for KennieKing
2 years ago

Comments