Why use Bitcoin Cash instead of Dollars, Euros, or Pounds?
Why does anyone use Bitcoin Cash?
Good question! Fortunately, there are some honest answers to them.
In this article, we’ll go over the purpose of Bitcoin Cash and what Bitcoins Cash really is.
The main reasons people use Bitcoin Cash are:
Availability - You can save some money on transfers. It only costs you countless miner fees to move your Bitcoin Cash from one wallet to another. It is cheaper for merchants to accept Bitcoin Cash payments than credit card payments.
Speed - In addition to saving money on international transfers, you will also enjoy much higher transaction speeds. What your bank can take a few days to accomplish, Bitcoin Cash can take a few minutes to complete.
Control - Bitcoin Cash, and cryptocurrency tokens in general, offer you as a user more control. You are effectively cutting the middleman between you and your money. There is no bank to decide how long a transaction will take and how much it will cost. You are also in control of where your money is stored and how to access it. In control, there is an equal amount of responsibility, of course.
Convenience - Online payments are easier and faster with Bitcoin Cash. You do not have to provide any personal details if you want to make a donation or pay for something that is not sent. Just send Bitcoin Cash to their wallet address and you're done
Privacy - One of the major advantages of using Bitcoin Cash is that it provides privacy and relative anonymity. You do not need to provide any personal details to access a Bitcoin Cash wallet. All you need is a device to store it - or even just a piece of paper. Bitcoin Cash transactions are only tied to your wallet address.
Reliability - The Bitcoin Cash network is essentially a peer-to-peer payment system. That makes you and anyone you send money to just the parties involved. You do not have to rely on your bank to do their job to make the transaction.
Hopefully, this piece will help emphasize the importance of Bitcoin Cash and how it can transform our present and future economies.
That's why I prefer to use Bitcoin cash or any kind of cryptocurrency because you can now easily send and receive payment in just an instant with online transactions.
This is only based on my experience and observation. I hope that you learn and support this article because this is my first time to write an article about BCH.
Totally agree with all of these reasons..