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Bitcoin Cash – Simple Fundamentals

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Avatar for MobTwo
Written by   214
1 week 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.

168
$ 10021.49
$ 10000.00 from @MarcDeMesel
$ 11.45 from @TheRandomRewarder
$ 3.00 from @majamalu
+ 20
Avatar for MobTwo
Written by   214
1 week ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
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Comments

This article says it all.

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

$ 0.00
1 week 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!

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1 week 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
1 week 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

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1 week 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
1 week 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.

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22 hours 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 :-)

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1 week 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
1 week 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.

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1 week 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
1 week ago

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

$ 0.00
1 week ago

This is massive!

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

$ 0.00
1 week 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
1 week ago

Right article

$ 0.00
1 week ago

I know

$ 0.00
1 week ago

BHC is promising as the time goes by

$ 0.00
1 week ago

Yeah,great tips for bitcoin users

$ 0.00
1 week ago

I am so much

$ 0.00
1 week ago

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

$ 0.00
1 week ago

Hi..nice wrote

$ 0.00
1 week ago

Love 💖 it alot

$ 0.00
1 week ago

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

$ 0.00
1 week 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
1 week ago

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

$ 0.00
1 week ago

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

$ 0.00
1 week ago

iam interested tell me what to do next waiting

$ 0.00
1 week ago

I always use bch to send and receive payments.

$ 0.00
1 week ago

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

$ 0.00
1 week ago

Bitcoin is the best cryptocurrency in the Crypt world

$ 0.00
1 week 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
1 week ago

Interesting information

$ 0.00
1 week ago

Thanks for this Author

$ 0.00
1 week ago

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

$ 0.00
1 week ago

Thanks for this

$ 0.00
1 week ago

It's a good platform

$ 0.00
1 week 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
1 week 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
1 week ago

BCH has so much potentials

$ 0.00
1 week ago

my earning site is bitcoincash

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1 week ago

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

$ 0.00
1 week ago

Nice article

$ 0.00
1 week ago

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

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1 week ago

Noted

$ 0.00
User's avatar NF
1 week 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
1 week ago

I m literally shaking from the generosity of bitcoin

$ 0.00
1 week 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
1 week 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
1 week ago

Wow nice article

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1 week 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
1 week ago

Nice article

$ 0.00
1 week ago

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

$ 0.00
1 week 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
1 week ago

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

$ 0.00
1 week 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
1 week 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
1 week ago

The article is really good. It summarizes very well

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1 week ago

Bxnncchnvfjkncc

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1 week ago

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

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1 week ago

If possible please subscribe mr back

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1 week 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
1 week 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.

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1 week 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
1 week ago

Nice

$ 0.00
1 week 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
1 week 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
1 week 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.

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1 week ago

Nice article

$ 0.00
1 week ago

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

$ 0.00
1 week ago

everything is fine

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1 week ago

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

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1 week 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
1 week ago

Wow amazing work such huge amount of money congratulations

$ 0.00
1 week ago

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

$ 0.00
1 week ago