We now live in a world where digital currency remains the future of money. We have seen so much Advancement in digital currency from the moment Satoshi submitted the first white paper and launched the first CRYPTOCURRENCY which is called Bitcoin. Since then many digital currency have been created with each currency being used for a specific purpose. But today we have some digital currency which has dominated the world.
We have digital currency like etherium, litcoin and bitcoin cash.
Despite all these the market of digital currency is still dominated by Bitcoin. But today some CRYPTOCURRENCY programmer detected flaws in the bitcoin and why it is adviceable not to be used for commerce. After reading the Article that @Read.Cash recommend for me and also a video which is attached it, when I told him I knew little about Bitcoin cash. The video enlightened me more about the reason why we should bycott bitcoin as a digital currency for trading and the reason why we endorse Bitcoin cash as the best digital CRYPTOCURRENCY for commerce's and also trading.
Well we have seen so much investor like @Omar @MarcDeMesel investing into the CRYPTOCURRENCY and also we have read so Articles about interview conducted on these two guys by our fellow read cash users like @scottcbusiness with the Article https://read.cash/@scottcbusiness/discussing-readcash-bch-with-marc-de-mesel-2f710eff
@ralak with the article
https://read.cash/@ralak/interview-of-marc-de-mesel-the-magnanimous-c97137a8
And lastly @Mark012207 with the Article
https://read.cash/@Mark012207/interview-of-mr-omar-one-of-the-donor-3aa744c3
They above article contain interview about why they invest and believe in Bitcoin cash and read cash.
But the question that keep looking into my mind is how can't under developed countries out thier get to be aware about Bitcoin cash and why it is a must have CRYPTOCURRENCY. I was thinking about the creation of a smart contract for Bitcoin cash.
What is a smart contract?
According to Wikipedia A smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement.
Smart contract has become a necessity in most under developed countries as a means of having thier own digital currency.
Smart contract like MILLIONAIRE money, Autoetherbot, Forsage and the newly launched lionshare have really help in creating much awareness for etherium digital currency, all these smart contract really has helped etherium to create more awareness.
A smart contract for Bitcoin cash
Me and @Read.Cash had some few comment chat on smart contract. I propose if a smart contract can be created for Bitcoin cash also. These smart contract will help alot in helping people to become more aware of Bitcoin cash and through the right channel. The Bitcoin cash smart contract can be incorporated with other ability like investing, to encourage people to register for it. A smart contract for BCH will be a revolution idea that will propagate BCH into the world and people will become more involved with bitcoin cash.
Problem with smart contract.
Well like the saying goes everything has an advantage and disadvantage. Well despite smart contract being a good method of earning more digital money, it has failed to solve the problem of the pyramid.
The pyramid problem has to do with the referal issue. That is once the pyramid is getting larger and the referals star reducing, then the system will stop growing until it finally collapse. Because of these problem most people see Smart contract as scam or something like that. Well many smart contract like forsage has tried to solve the referal problem by creating a double matrix, where u earn from your upline, but yet these could not solve the pyramid problem.
The pyramid problem should be a challenge to every smart contract pioneer out there and a solution to these problem will be an advantage to BCH.
finally once we can more awareness on Bitcoin cash.
And if you have any suggestions to how we can provide a solution to the pyramid scheme you can always leave a comment below.
And I also recommend @Read.Cash Article for everyone. You can click the link below to read it. It will enlighten you more on why you should invest in Bitcoin cash.
https://read.cash/@Read.Cash/explanation-of-bitcoin-cash-for-normal-people-0e84fa10
Thank you all for reading!!!
Where is the smart contract????