A New Era Begins -- Elon Musk Learns About Bitcoin Cash

Hello Bitcoin Cash community!

Hello people of the world who think that names should actually mean something and that crypto currencies should actually work as currencies!

And hello BTC maxis who disagree with the last two statements! 😉

Everyone is welcome to read my article. And don't worry, I will try to offend BTC maxis as little as possible. But be warned: This article is a celebration of the historic day of March, 24th 2021. The day that Elon Musk started to learn about Bitcoin Cash! And BTC maxis might not like that very much... 😏

Who is Elon Musk?

No offense, but have been living under a rock your entire life? Elon Musk is one of the greatest entrepreneurs and influencers of our present day -- probably even of all time. He founded several companies and is currently involved in Tesla, SpaceX, OpenAI, Neuralink and many more.

The TLDR is: He has been and still is working very hard to make the world a better place -- or "to build a desirable future" as he puts it.

And he is an extreme risk taker. After he sold one of his earlier companies X.com, he had made enough money to live a luxurious life for the rest of time. Instead of doing that, he risked literally everything -- his entire net worth. He worked insane hours and saved Tesla and SpaceX from going bankrupt. The reason was that he wanted to shift the world and its transportation network to a sustainable energy source and he wanted to make sure that our species reaches the next level in the galactic fight for survival.

Depending on the stock prices of Amazon and Tesla, he may be the richest person in the world. And I add: That is well-deserved.

Why is it of any significance what Elon Musk thinks?

Elon Musk is not only a great entrepreneur, he is also a celebrity and probably the greatest influencer in the history of the universe:

When he posted about Dogecoin, the price skyrocketed.

When Tesla decided to buy Bitcoin BTC, the price rose, too.

And when he tweeted that people should use the messenger app "Signal", the stock of a company that had the name signal in it, skyrocketed -- even though the company is entirely unrelated to the Signal messaging platform.

You see: His influence cannot be overestimated.

That's what I call the "Elon Musk Effect". And Bitcoin Cash might soon benefit from it.

Kim Dotcom is THE MAN

I will be forever grateful to Kim Dotcom who managed to grab Elon's attention with a very well-thought-out tweet.

The reaction "Fair point" might not seem overwhelming or even significant, but Kim planted a seed in Elon's mind. Imagine Elon goes down the rabbit hole of learning about the fork between BTC and BCH. He might watch some of Roger Ver's debates. He might watch a promotional video by George Donnelly. He might watch a video by Rick Falkvinge to learn about the major technical problems for the Lightning Network. Or he might watch an episode of the Bitcoin Cash Podcast. Or he reads about it on reddit. Or on the Bitcoin Cash website. Or maybe even on read.cash which would not be the same without the very generous support of Marc De Mesel.

What I want to say is that many people have done great things for Bitcoin Cash. We have a community of highly motivated people who want to make Bitcoin Cash a success.

All that is great -- not just for convincing Elon Musk, but everyone who hears about Bitcoin Cash. There is so much great information and promotion on the internet that has convinced me that BCH is much better suited to be an uncensorable, decentralized peer to peer electronic cash system than BTC could ever be -- if BTC actually wanted to be that... 😏

My previous efforts

I'm definitely not trying to claim any credit for Kim Dotcom's achievement, but I also had the idea of grabbing Elon's attention with tweets and memes and I even wrote an article about it almost two months ago.

I also stated it as my official goal on my noise.cash account.

Maybe I will need to update this text soon. 😁💚

Here is a short collection of some of my futile attempts with some short commentary for your entertainment.

The first try with a self-made meme: A three-way-comparison between BCH, BTC and a random rock.
Trying to get more people involved in the endeavor.
Trying to preach to Elon and including the meme again.
Trying to get Marc De Mesel involved. Maybe he can get to Elon?
The frustration when I learned that Tesla chose BTC instead of BCH.
And here is the meme for your enjoyment.
Maybe if Elon watched this video about all the problems that the Lightning Network faces, he will change his mind?
Being frustrated again.

And I have shared some more attempts to get to people who might be in a position to get to Elon on noise.cash. For instance here (with a follow-up here), and two further attempts here and here.

And of course, I should mention that@PVMihalache joined me and tweeted lots and lots of great memes at Elon.

My price prediction for Bitcoin Cash

If Elon Musk tweets positively about Bitcoin Cash or if Tesla announces that they also accept Bitcoin Cash as payment for Tesla products, I believe that we will see a violent price explosion to the upside. My estimate is that we will easily blow past $1,000 and approach $10,000 within a couple of days.

Why?

It's not just the hype due to the "Elon Musk Effect", Bitcoin Cash is undervalued compared to other cryptos and with regard to its "fundamentals". Check out this article for more on that topic.

The first step is that the undervaluation will be removed and on top of that, the hype will build. That's why I see a drastic and quick price increase.

Will BTC drop because of that?

I believe that it might, but not very much. If the world learns about the history of BTC and how Blockstream took the project over and basically made it a coin without any real-world applications other than speculation, it might. Especially if Rick Falkvinge is right in his video and the technical problems which Lightning is facing cannot be overcome.

But that education process certainly takes time. So, don't worry BTC maxis, you will probably have a couple of weeks to sell your BTC and buy BCH instead. But the later you do that, the less BCH you get for your BTC. 😏

What do you think will happen?

Are we finally close to the big flippening? Will Elon be the game changer that I think he will be? Or am I being delusional?

Let me know in the comments!

And of course, thank you to all my brothers and sisters in the Club1BCH.

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Comments

I really appreciate your efforts trying to grab the attention of Elon Musk towards BCH. I don't know much about cryptos and BCH but I have seen the hike in BTC after Elon Musk invested in it. So I wish your efforts pay off and we see a historical rise in the price value of BCH :)

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3 years ago

Thank you very much. I appreciate your comment. If you have some time and would like to dig a bit into BCH, you could start listening to the Bitcoin Cash Podcast or by listening to the debate between Roger Ver and Pomp. You can find both on YouTube.

Here are the links:

https://youtube.com/c/TheBitcoinCashPodcast

https://youtu.be/8NeKP_jCGyU

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3 years ago

Yes sure why not

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3 years ago

I wonder how Elon Musk will get everyone to join read.cash like elon musk effect

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3 years ago

We all wanted to drag him here. To drive BCH to the moon..and hopefully, he will recognize BCH in the future as the best asset

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3 years ago

I hope so, too.

For me, the price increase is a nice additional bonus. I would love to live in a world that offers decentralized, uncensorable, cheap electronic payments. Unfortunately, BTC cannot and even doesn't want to lead us there. 🙈

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3 years ago

Although for TESLA fees will not be a big problem as it only takes up a small percentage of their product , of course companies want to maximize their profit margin and BCH will be the best choice for them. However, I think the more attractive point here is about BCH's speed and efficiency, BCH is just much more faster and no single company would want their money been stuck on the blockchain and have transactions pending 2 days due to the slow payment process. I actually wrote a similar article discussing about this few days back too ! https://read.cash/@Wee/why-corporations-may-be-looking-into-bitcoin-cash-0a7e723e Good thing is Elon did look up Bitcoin Cash now !

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User's avatar Wee
3 years ago

Hello

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3 years ago

Kim should keep planting seed on Elon's mind who knows it will Elongate soon 😂 and he will have a sudden change of mind to use BCH instead to buy tesla 😁

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3 years ago

Haha, I love the Elongate reference. 😁👍

Yes, Elon should have used BCH right from the start. Let's hope he will realize that soon. 😊💚

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3 years ago

Wow this is great,waiting for new update

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3 years ago

Nice

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3 years ago

Wow

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3 years ago

Another $1000 for you! No, $11000! Nah, you deserve more for this!

Anyway, I hope Elon Musk will realize the big difference between BTC and our BCH the soonest. And with just one tweet, boom! Hello $1000 in just a few days and even more.

And @Eybyoung's prediction will come to life in no time. Of course, hello 2021 instant millionaires! 😁😁😁

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3 years ago

Haha, maybe I was too optimistic about how soon BCH will moon. 😅 I was super excited to see that Elon finally became aware of BCH. 🙈

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3 years ago

I hope Kim and others will keep planting mentioning Elon so he'll start doing his research about BCH. And that's the moment we've all been waiting for. Yay!

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3 years ago

I was gathering tweets to do a similar post! Still hoping he will answer back at one point. Who's George D'Onnelly :))

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3 years ago

George is a great supporter of BCH.. I admire his effort as well..

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3 years ago

I know who he is ... I was just having a bit of banter with Martin as he made George look Irish

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3 years ago

Oh sorry 🤣🤣

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3 years ago

Oh, that's great. I'm looking forward to reading your article about it and I will link to yours when it's online. 👍

George D'Onnelly is the guy behind the Bitcoincash.site website and he does lots of promotions such as this one: https://read.cash/@BitcoinCashSite/bitcoin-cash-1m-100-bch-in-prizes-up-for-grabs-3bdac2d5

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3 years ago

Hi, thanks for your interest in my work but I have absolutely no connection with the bitcoincash.org website. My website is BitcoinCash.site, which is different. Thanks again. -G

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3 years ago

Oh, sorry about that. I meant to include the bitcoincash.site link, but got to the wrong one when I used Google to find it and didn't realize my mistake. The link is fixed now.

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3 years ago

I know who he is... pointing out the typo

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3 years ago

Oh, thank you. I was so sure that there is an apostrophe in his name that it did not even occur to me to check whether there is one or not. 😅🙈

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3 years ago