Bitcoin Cash – Simple Fundamentals

87 7737
Avatar for MobTwo
Written by
3 years ago

As long as the price for Bitcoin Cash remains affordable, I will continue to buy them every month. And with each Bitcoin Cash my friends and I accumulated, we became more passionate Bitcoin Cash supporters because we have more skin in the game now. It feels good to be able to own 1 full Bitcoin Cash than 0.015 Bitcoin, especially when Bitcoin Cash works so much better in many ways (eg. Privacy / Tokens / Cash Accounts / Network Effects / etc).

This is really super simple to understand. Try sending $10 worth of Bitcoin or $10 worth of Ethereum or $10 worth of Bitcoin Cash to yourself. You end up with only $2 of Bitcoin because $8 went to transaction fees. You end up with $7.5 of Ethereum because $2.5 went to transaction fees. But you still end up with $10 worth of Bitcoin Cash. If Bitcoin with its high fees slow unreliable transactions is a brand new coin today, I bet you nobody would want it. This is nothing complicated, just simple common sense. Would you want to use a slow unreliable service that charges you $8 just to send $10? You don’t need to be a rocket scientist to know that’s ridiculously stupid.

I am unshakable in my conviction that Bitcoin Cash will overtake Bitcoin in the long run because there is no rationale where humans would prefer to pay higher fees for an inferior unreliable slower service. And businesses will discover eventually these fees eat into their margins and it is no longer feasible to accept Bitcoin, but it is still feasible to accept Bitcoin Cash!

The pyramid scheme for Bitcoin can go on as long as it takes, just like Bitconnect used to, but eventually the truth tends to prevail. And in this case, the truth is not difficult to know, all it takes is for a person to send Bitcoin and Bitcoin Cash to themselves to experience it. I have been through the Internet bubble, the Enron scandal, the Madoff scandal, the Bitconnect scam, Friendster/Nokia/Kodak era and I know they may persist for some time, but eventually the truth almost always prevail.

People like to think, “Wow, if only I could go back in time to buy Bitcoin at a low price.”. Well, if you cannot see that Bitcoin Cash is how Bitcoin has always been, then you’re going to miss the opportunity, twice! What makes Bitcoin popular in the first place is exactly what Bitcoin Cash is today, the ability to transact freely onchain peer to peer with anyone anywhere in the world for less than a cent. You can’t do that with Bitcoin anymore. You can still do exactly that with Bitcoin Cash today.

Update: I'm literally shaking from the generosity from @MarcDeMesel. That's super motivating and I will work harder to keep growing the value of Bitcoin Cash! Thanks Marc!

I'll also take this opportunity to thank @RogerVer for everything he has done.

I'm really proud to be part of this community. And I'll do everything I can to make Bitcoin Cash successful, whatever it takes and however long it takes.

241
$ 10033.96
$ 10000.00 from @MarcDeMesel
$ 20.30 from @TheRandomRewarder
$ 3.00 from @majamalu
+ 24
Avatar for MobTwo
Written by
3 years ago

Comments

Bitcoin cash adoption will take time, and I guess it may take more time than most would hope considering how many months ago this was posted. But of all of the coins in my basket this one seems to me to be the one that has THE best potential.

For one thing, everyone recognizes Bitcoin, and Bitcoin is in BCH's name. It is catchy. A d no one can deny the ease of use and the low fees, so it is also practical. At some point I would love to see "Bitcoin cash accepted here" right along side the common Visa, American Express, Master Card, and Discover signs.

I think we CAN get there. It is just a matter of when.

$ 0.00
2 years ago

Bitcoincash will lead Bitcoin in interest of people due to its unique salient features. It is the real Bitcoin also near me. Many congrats for being tipped by sir@Marc De Mesel. It is due to your quality content writing skills. Also it is a motivational for all newbies to work for and promote BCH in the community

$ 0.00
3 years ago

Needed information of this time😍😘😍

$ 0.00
3 years ago

A one good information

$ 0.00
3 years ago

Buenísimo el artículo! !

$ 0.00
3 years ago

Good Info

$ 0.00
3 years ago

Thanks for info

$ 0.00
3 years ago

Yesterday a huge fluctuate in crypto currency why!

$ 0.00
3 years ago

This is awesome article content. Hope my articles have boost and upvote like this. Please support each other. Thanks & God bless us all

$ 0.00
3 years ago

Actually that is true BTC is high Price but for new begginer in crypto currency BCh is game changer for us. Because it is easy to buy and trade. A ordinary person unable to buy BTC but BCH we can it is in second number in crypto currency so it is emerging . So BCH is always best

$ 0.00
3 years ago

Wow the second highest tip here on Read.Cash. BCH is indeed the real Bitcoin.

$ 0.00
3 years ago

I can't believe it. How to get $ 10,000 from a post. I don't know much about BCH. I learned a lot from this post today. I learned a lot. From now on I will buy BCH in my coins. And I will try to post as good as possible about BCH in Read.Cash as much as possible. 💘

$ 0.00
3 years ago

Omg! Thank you for this. Honestly, I'm still learning stuff about crypto, and your article just opened up my senses. Although I was told by @Telesfor about the BTC fees, which I have experienced myself, I thought they were the best to invest. But after this article, I may change my route. Thanks a lot. Already subscribed on your profile so I could read your daily posts and learn more from you.

$ 0.00
3 years ago

THe subcription is done my dear friend you can also visit my articles best of luck

$ 0.00
3 years ago

This article says it all.

Bitcoin cash investment is the way, the more people key into this, the better for them.

$ 0.00
3 years ago

More than $1,000 for this post. Is this reasonable worth of post ?

$ 0.00
3 years ago

OMG! You're real, wow! I have seen you only at readcash status "The first top tipper" and now, this is the first time I saw you in the comment section. Just wow!

$ 0.00
3 years ago

I m literally shaking from the generosity of bitcoin

$ 0.00
3 years ago

It is nice to read this type of post that is informative. And it also does it in such a simple way that people like me who do not know much about these issues know what we do on this platform. At the moment it is my best way to publish, I love it and I recommend it to everyone who wants to start writing. And also this way of winning is rewarding.

You earn a lot in all the ways of seeing it !!

Thank you for this information and sharing it.

$ 0.00
3 years ago

Bitcoin is where it is because it’s the pioneer. I’m also very proud to be a member of this community

$ 0.00
3 years ago

Wow nice article

$ 0.00
3 years ago

Omg! Thank you for this. Honestly, I'm still learning stuff about crypto, and your article just opened up my senses. Although I was told by @Telesfor about the BTC fees, which I have experienced myself, I thought they were the best to invest.

$ 0.00
3 years ago

Nice article

$ 0.00
3 years ago

Amazing, this your post it's really great, thank you for this one :)

$ 0.00
3 years ago

Taking position on market to invest in real crypto will always be attractive. People will see that all alternative investments, even in gold and other stock product will be smart and give you hope for the future. You totally right described grieve of people when they miss a chance with bitcoin. Now are others on supplies and it is our possibility to take it and keep it and be truly merchant.

$ 0.00
3 years ago

I fully agree with you. Also, I am super bullish on BCH now that the obstructing component has been forked off.

$ 0.00
3 years ago

While me, I do not know crypto aside from receiving and sending. I start using bch only here at readcash.

By the way, thanks for the upvote! ☺

$ 0.50
3 years ago

"I do not know crypto aside from receiving and sending. I start using bch only here at readcash."

As it should be :-) The goal for BCH is to reach a state where it scales and no more consensus upgrades are neccessary and where users can be users and businesses can be businesses without having to think or worry about protocol changes and forces not agreeing about the changes.
It is new money, so a few hiccups was to be expected, but the worst is over now.

We will get there, and to be honest I think we are much closer now then ever before :-)

$ 0.00
3 years ago

The article is really good. It summarizes very well

$ 0.00
3 years ago

Bxnncchnvfjkncc

$ 0.00
3 years ago

Noted

$ 0.00
User's avatar NF
3 years ago

I agree with everything you said Yes Bitcoin cash is more better than Bitcoin in any way

$ 0.00
3 years ago

Ok, hold. We love #BitcoinCash we live on it and thanks to it. It does have all the desired characteristics to become the de-facto digital payment system, yet you're assuming people won't want BTC because network fees are high. Haha, you're wrong. Bitcoin scalability problem can be solved trough layer 2 solutions such as Lightning Network, but even so, if you hold a million dollars in BTC, 10$ fee is a ridiculously low fee (banks will charge you a lot more when transacting) and BTC doesn't suffer inflationary issues, is decentralized and the most known crypto out there (because it was the first) and so many people will still want to secure investments in BTC despite the fees and network congestion because their investments in BTC will overperform through the years as BTC keeps growing in value.

$ 0.00
3 years ago

Comparison with rocket scientist is quite good. You try to explain us opportunities for investing and admiring bitcoin cash. That is good and we love this platform because of that currency. I'm glad you have support of many friends, I you have mine as well.

$ 0.00
3 years ago

Dear @MobTwo you can extend the hand of good will to me too well im always optimistic about bch Andi would be engaging a campaign for bch patronage, though most of my friends are skeptical about since there is low education about it but bch is very amazing most say and you explain it very simply can I use you write up for explaining to other ?.

$ 0.00
3 years ago

Nice

$ 0.00
3 years ago

I'm really proud to be part of this community. And I'll do everything I can to make Bitcoin Cash successful, whatever it takes and however long it takes.

$ 0.00
3 years ago

Friend congratulations... This is the biggest opportunity you have to do something big in your country, projects like Bitcoin Cash House, BCHLatam, River are the clearest example of mass work in difficult conditions... starts, continues, works, motivates others, builds, advances

$ 0.00
3 years ago

Nice article

$ 0.00
3 years ago

The article is really amiging that i don’t say in language. Very. Good job

$ 0.00
3 years ago

everything is fine

$ 0.00
3 years ago

aw thats excellent..by seeing your post ,you become my inspiration 😍

$ 0.00
3 years ago

I didn't really know much about bit coin cash.I learned a lot from this article. Which is very important for us. Thank you sir.

$ 0.00
3 years ago

Wow amazing work such huge amount of money congratulations

$ 0.00
3 years ago

If possible please subscribe mr back

$ 0.00
3 years ago

Nice article

$ 0.00
3 years ago

iam interested tell me what to do next waiting

$ 0.00
3 years ago

Wait till you find out about zcash (bitcoin on steroids). :)

$ 0.00
3 years ago

I'm literally shaking from the generosity from @MarcDeMesel. That's super motivating and I will work harder to keep growing the value of Bitcoin Cash! Thanks Marc!

I'll also take this opportunity to thank @RogerVer for everything he has done.

I'm really proud to be part of this community. And I'll do everything I can to make Bitcoin Cash successful, whatever it takes and however long it takes.

$ 0.00
3 years ago

Pleasure is mine @MobTwo

Wasn't aware until recently who you were, we go back some time and you build much goodwill with me :)

The article is really good. It summarizes very well, in plain language, why BitcoinCash is tremendous opportunity. Hope many people read it.

$ 0.00
3 years ago

I see you have tipped me as well for a couple of comments a few days ago. Thank you very much Marc. I will put them to good use :-)

$ 0.00
3 years ago

If you don't mind me asking, why are you so passionate about bitcoin? You're incredible generosity on this site has made it grow tremendously, so we thank you.

$ 0.00
3 years ago

I can't find the words to describe your generosity Sir . Really you start making me love bitcoin cash . I just take a look at the article. It looks simple but in reality it gives a sense of motivation to start holding bitcoin cash .

$ 0.00
3 years ago

You are very generous to our friend and his article about bitcoin cash. I'm proud because of interaction between people who are supporting each other. I wish you both success in further investment plans and strong friendship.

$ 0.00
3 years ago

OMG! You're real, wow! I have seen you only at readcash status "The first top tipper" and now, this is the first time I saw you in the comment section. Just wow!

$ 1.00
3 years ago

Mr Mob Two you deserve that congratulations I am shaking on your generosity since we are struggling in my country in that covid19 period . Hope you more success

$ 0.00
3 years ago

Congrats. You are the highest paid writer on read.cash.

$ 0.00
3 years ago

This is massive!

Please kindly share some tips on how you're able to earn much on read.cash

$ 0.00
3 years ago

Congratulations! Good points And also it's possible to earn BCH here on Read.cash Most people won't earn 1 BCH, but 0.1 BCH is completely realistic goal

$ 0.00
3 years ago

Right article

$ 0.00
3 years ago

I know

$ 0.00
3 years ago

BHC is promising as the time goes by

$ 0.00
3 years ago

Yeah,great tips for bitcoin users

$ 0.00
3 years ago

I am so much

$ 0.00
3 years ago

I'm shocked to see the tip😷. Well represent the Bitcoin Cash

$ 0.00
3 years ago

Hi..nice wrote

$ 0.00
3 years ago

Love 💖 it alot

$ 0.00
3 years ago

Bitcoin cash has become very popular . It is best site to earn money

$ 0.00
3 years ago

I experienced that at Eth, so I was shocked haha. But it's ok because I honestly don't have much knowledge about crypto. So I better learn more first about crypto before performing any transaction.

Congrats!

$ 0.00
3 years ago

You should learn crypto.lol. it's good stuff.

$ 0.00
3 years ago

wel now i think that you are convinced haha! Yeah complety agree with you! look at read.cash for exemple! It's an amazing application, you can't do that with bitcoin core!

$ 0.00
3 years ago

I am a supporter of Bitcoin cash this is an interesting article

$ 0.00
3 years ago

I always use bch to send and receive payments.

$ 0.00
3 years ago

Bitcoin continues to rise and the opportunity is always there to buy and profit

$ 0.00
3 years ago

Bitcoin is the best cryptocurrency in the Crypt world

$ 0.00
3 years ago

bitcoin cash iss veery imports and earnable site. Now it's rate is higher of coinbase. many peoples use bitcoin. I also use it. so thanks of your kind information

$ 0.00
3 years ago

Interesting information

$ 0.00
3 years ago

Thanks for this Author

$ 0.00
3 years ago

Bitcoincash es lo mejor. Te dará un buen beneficio en el futuro. También tengo una billetera bitcoin. Bitcoin efectivo (BCH)

$ 0.00
3 years ago

Thanks for this

$ 0.00
3 years ago

It's a good platform

$ 0.00
3 years ago

It is better if the price of bitcoin cash increases day by day, we who are trying to earn bitcoin cash can sell it at a good price

$ 0.00
3 years ago

Bitcoin cash is one of the tokens that i believe in so everytime the price drops i tried as hard as i can to buy some with my funds

$ 0.00
3 years ago

BCH has so much potentials

$ 0.00
3 years ago

my earning site is bitcoincash

$ 0.00
3 years ago

I like Bitcoin Cash (BCH).. I always try to hold bch.. because I believe it's can give us good benefits..

$ 0.00
3 years ago