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With the crypto world getting more and more crowded every day, it’s easy to be skeptical of any new cryptocurrency that comes along. We understand that, but we’re certain you’ll agree that Bitcoin Cash (BCH) has what it takes to become the future of cryptocurrency. Whether you are an investor, user, or merchant, there are plenty of reasons why you will find value in using BCH over BTC or other coins in the near future. Read on to learn more about what sets BCH apart from its competitors and what makes it stand out as a reliable investment opportunity.
Bitcoin Cash (BCH) is a cryptocurrency. It's more reliable and faster than regular digital money. Transactions are processed in about 10 minutes, so it doesn't slow down commerce. Because transactions don't need to be processed by a central authority, there's no way for people to tamper with your funds or steal your identity. It lets you take control of your money and make your own financial decisions - like when to spend or invest - without any intermediary. You can use it anywhere in the world, so you're not limited by borders or banking hours. And because BCH has low transaction fees, it's a fast and inexpensive way to send remittances across international borders.
Bitcoin cash has been in existence for a little over three years and has experienced significant, although not universal, adoption. The number of merchants accepting bitcoin cash as a form of payment, for example, has grown from approximately 100 to 2,500.
This year's most exciting development so far is probably the addition of bitcoin cash trading pairs on Robinhood's cryptocurrency app which could significantly increase adoption among younger investors.
Bitcoin Cash already has the ability to have up to 8MB blocks for a long time now but the current amount of transactions are usually less than 1MB right now.
Bitcoin Cash has a number of high-profile proponents, from Roger Ver to Jack Dorsey. But its success doesn’t come from these notable investors and founders; it comes from the users. Bitcoin Cash uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bch carried out collectively by the network.
Bitcoin cash allows fast, reliable, and cheap transactions at any time. It also allows for microtransactions without having to worry about a transaction fee is too high or too low.
The best thing about bitcoin cash? The lower fees!