Nobody cares if Bitcoin Cash doesn't produce money

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Avatar for Lord_King_Potato
1 year ago

Privacy? Whatever. Your coffee purchases don't matter to the government.

P2P? Everyone knows how to manage their bank accounts and credit cards.

Security? A 12-word passphrase that you can never get back is better than putting your faith in a bank.

Those that don't use cryptocurrencies are doing well. That is not something to be glossed over. Every day, people go to work, go shopping, and go out to dine. Even when paying for groceries, no one cries "There must be an easier way!" out loud.

When it comes to electronic payments, no one looks at Bitcoin Cash and says, "Wow, it's different from the dozens that I have!"

A positive step forward is each store accepting Bitcoin Cash, but paying with Bitcoin Cash for something you can pay for in dozens of other ways isn't all that thrilling.

Discussions of a new world currency have been taking place among Bitcoin Cash users and the cryptocurrency community. Only 1% of the population, primarily crypto users, are concerned about maintaining their privacy and security online.

People are gravitating to cryptocurrency for a single reason. Profit is what they're after.

Buying Bitcoin with the intention of selling it later on. Just as no one expects to utilize a product made by an aeronautical or biotech business, no one who buys Bitcoin feels forced to use it.

Because it makes no promises and really delivers, Bitcoin has been able to attract large amounts of money. Tether is pumping the market, but only if you're too late to get out. It appears that there is still time to play.

Members of the Bitcoin Cash (BCH) community are creating movies to educate the public about Bitcoin Cash or soliciting funds for marketing. Making the case that it's superior than cash and that everyone should use it. They're yelling in the face of apathy.

No.

One.

Cares.

It's not necessary to have any Bitcoin Cash. Until I'm blue in the face, I believe BCH can make the world a better place. Using it will make things better, but only if people are willing to use it, and they won't use it unless there is an instant benefit. Otherwise, it's unlikely that BCH will ever gain traction.

Only one aspect of the new cryptocurrency will pique the interest of non-cryptocurrency investors: the price.

Are they going to get a raise?

There are two methods to go about this. Invest first. Although it's widely believed, I believe that it's underrated. Long-term.

For someone who hasn't heard about scalability or proof of work debates, Bitcoin Cash isn't that different from other coins. The fact that Bitcoin Cash is a contender is difficult to convey to people who have never been exposed to Bitcoin maximalists' anti-Bitcoin messages. There is no benefit to "a lot of explanation" when it comes to persuading others.

The public's perception of Bitcoin Cash is that it is a high-stakes bet in a bubble-prone casino.

There may not be a need for Bitcoin Cash to compete there. Occasionally, BCH's market cap will rise due to the influx of new investors who are just interested in seeing the price rise. That's not going to help.

Foundations are BCH's strong suit. That which crypto enthusiasts are concerned about isn't peer-to-peer freedoms or security.

Other cryptocurrencies are still working on things that Bitcoin Cash has already accomplished. Noise. Similar to Twitter, you can earn money by posting popular messages on Cash's platform.

Making money is the ultimate goal.

This is what makes it work.

Unlike Bitcoin, Bitcoin Cash does not necessitate an in-depth explanation. Many media outlets give reasons. Cryptocurrency aficionados are the primary target of this explanation.

Bitcoin Cash requires a lot of noise.

But you can get paid for it. Twitter? What's going on here? There's no need to explain it.

It's time to broaden this offering.

On Instagram, I'm leaving a tip.

Likes on Facebook are worthless if there are no ads to accompany them.

Cash-for-votes on Reddit.

A podcast player that allows users to pay for content via micropayments. Unlike other subscription services, Patreon does not charge a monthly or minimum cost. In-app payment for Meetup.com.

There's no end to it. Allowing value transfers using BCH can improve a wide range of applications. There may be more as well.

Because of this, BCH is able to compete so effectively. Even those unconcerned about cryptographic debates and scalability are making use of the services they want and getting paid in innovative ways. It's not affluent; it's just new money.

Small internet transactions with no costs may open up new money flows for citizens in developing countries. Their services will go above my wildest dreams. Size doesn't matter as much as immediate benefit.

When BCH's transactions surge on the back of several suppliers, no one will be able to argue their value.

The question you should ask yourself when developing a BCH service or product is, "How does this allow individuals to make money that they previously weren't able to?"

...then...

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Avatar for Lord_King_Potato
1 year ago

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