The deeper, the Stronger; A case of BTC and BCH

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3 years ago

The reason why weed grows fast is because they grow wide, the reason trees grows slow is because they grow deep, therefore deep things last longer than wide things, comparing this in the case of Bitcoin vs Bitcoin Cash. Bitcoin Cash which was fork of Bitcoin has been discharging the duties of what Bitcoin should be discharging.

Imaging the world paying for a service or good with bitcoin? Its just a matter of time people of the world would realize they wouldn't be able to survive it. The bitcoin cash on the other hand has a better lower fee to sustain the world and better when using it for transaction, paying for goods and services. Right at this moment, people and investors are yet to believe in BCH and its message, perhaps they feel it could be some fraud controlled by few people, not knowing its one of the best thing to have happened to the cryptocurrency world.

Reasons why Bitcoin Cash can be compared to a tree with deeper roots;

Lower fees; The most important thing a crypto coin should possess is an ability to charge lower fees, if a coin charges higher fees, then it should never be considered as a means of payment, and fortunately, Bitcoin Cash posses that and gibe you the reasons to transact more businesses, of course with a relatively lower fees, Bitcoin doesn't have that.

Peer to Peer Transaction; When we say peer to peer, we mean a transaction that can be done from person to person without any constraint or government activities, Bitcoin Cash is the bes when it comes to this. A coin can only be termed Digital currency when it can withstand a peer to peer transaction, and Bitcoin Cash has the best when it comes to this.

Peer to Peer Transaction

Decentralization; Bitcoin is more of a centralized coin, which is mainly controlled by the maxis and the rich, a coin that could be termed a strong fundamental is the one with a Decentralized nature, which means free from anybody tampering with your fee or crypto activities. Bitcoin Cash is more decentralized in nature, not controlled by the maxis or the rich, thus making it better for world digital currency.

Decentralization

Instant Transaction; One of the juiciest about Bitcoin Cash having over bitcoin is the ability to arrive at where you sent it in seconds, yes instant transactions. This is worth for the bitcoin cash to be called a digital cash/currency, if a coin doesn't possess this, its way below function. The world would come to realize the faster a transaction is, the faster it is used do payment and it recycles like that, unfortunately bitcoin doesn't have this and thus can't be called the future digital currency.

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Permissionless; Obviously you don't need anyone's permission before you can spend your money/token, and that's what bitcoin cash message is all about. When a coin is controlled by a group of individual who manipulates prices of the coin, then its a fraud or scam coin, but BCH has proven to be a permissionless coin which you don't need anyone's permission before a money can be sent or transaction carried out.

Difference between permission and permissionless

In conclusion, the future holds a beautiful place for Bitcoin Cash, many would be wowed and astonished as to how grown bitcoin cash has becomes, especially using it for world payment. Bitcoin is being talked about everywhere but has no real value of what a coin should be or conveying its original message, well maybe because its been hijacked by the maxis and the rich folks. Bitcoin Cash might still be finding a firm ground to stand, maybe because of widespread proclaim and acceptance, but when it reaches it full potential, there would not be anything stopping it from doing what its meant to.

Thank you for reading, pls drop your comments down below.

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3 years ago

Comments

The earlier the better people get to know about this. The low transaction fee alone is a mouth watering offer. With the help of both Noisecash and readcash people are getting to know more about it each day. Hopefully more people will realised what they are missing out on and the general acceptability of BCH will be welcomed

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3 years ago

The world would come to realize, just a matter of time, just that by then they won't be able to buy it at this price again

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3 years ago

Hmmmm,That's true. BCH below $1000 is a blessing

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3 years ago