@MobTwo
edited
Bitcoin Cash – Simple Fundamentals
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.
40 comments
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.
my earning site is bitcoincash
BCH has so much potentials
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
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
Bitcoincash es lo mejor. Te dará un buen beneficio en el futuro. También tengo una billetera bitcoin. Bitcoin efectivo (BCH)
Thanks for this Author
Interesting information
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.
Congrats. You are the highest paid writer on read.cash.
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.
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 :-)
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.
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!
I know
I'm shocked to see the tip😷. Well represent the Bitcoin Cash
I am so much
BHC is promising as the time goes by
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
Wait till you find out about zcash (bitcoin on steroids). :)
iam interested tell me what to do next waiting
Nice article
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 ?.
aw thats excellent..by seeing your post ,you become my inspiration 😍
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
Nice article
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.
Noted
I fully agree with you. Also, I am super bullish on BCH now that the obstructing component has been forked off.
Amazing, this your post it's really great, thank you for this one :)
Nice article
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.
Bitcoin is where it is because it’s the pioneer. I’m also very proud to be a member of this community
Software Fundamentals; https://www.csc.gov.sg/articles/how-to-build-good-software
This article says it all. Bitcoin cash investment is the way, the more people key into this, the better for them.
Wow the second highest tip here on Read.Cash. BCH is indeed the real Bitcoin.
Thanks for info
Good Info
Buenísimo el artículo! !
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.