BCH The Best Option For Tips - Twitter Ignores Utility
Maybe we should spell it out, so the mainstream finally acknowledges it.
Bitcoin Cash is P2P Electronic Cash.
It is sound money, easy and fast to use, with such low fees users don't even consider when transacting.
Bitcoin Cash is the best choice for tips as well, with platforms such as noise.cash or read.cash being perfect examples of the use case of cryptocurrency.
The anti-BCH sentiment some clueless crypto-related individuals are pursuing is damaging to crypto, and only condoning a "bag-holding" and "number go up" mentality.
It seems that Twitter will now adopt Ethereum as a tipping feature.
Seriously? Ethereum for tips?
This was perhaps the most baseless decision a CEO has ever selected in the history of social media.
Plenty of alternatives could work, yet, Twitter decided the worst one and will now start using Ethereum for its tipping engine!
Tears of laughter filled the eyes of anyone who ever used Ethereum on-chain.
Ethereum, with fees reaching $100 and even higher at times of congestion and no lower than $3 for the previous three years, is the selection of Twitter, as a tipping option!
Bitcoin Cash Is The Optimum Cryptocurrency
It seems we have to keep repeating what BCH is about, as the noise and misinformation in this market are extremely annoying.
Bitcoin Cash is everything Bitcoin is about.
Decentralized
Permissionless
Uncensorable
Trustless
Secure
Scarce
These are the traits of the BTC chain as well, but while BTC stagnated and centralized its development, Bitcoin Cash went on and materialized the whitepaper into a working blockchain, creating a real P2P Electronic Cash.
Fast transactions, instant with 0-conf
Extremely low fees
Self Custody
BCH is a no-bullshit cryptocurrency.
No narratives, Wall Street relations, bag-holding politicians lobbying Washington, no fund managers pushing fairy-tales to institutions.
Bitcoin Cash is pure P2P Electronic Cash.
It works well too, and the anti-BCH hatred in social media should be examined under a different scope by new investors in the field of cryptocurrency.
Why would anyone feel the need to keep posting against Bitcoin Cash all these years? This question arises right from the beginning to anyone questioning the mainstream.
Twitter Made A Mistake With Ethereum
Twitter lately makes such big mistakes leaving everyone to wonder if just clueless and incompetent CEOs are running more of the top businesses.
Everyone who ever used the Ethereum network probably considered this a joke, instantly.
How is this a wise decision? Ethereum has a different purpose. It is not possible to be used in this approach.
It gives the impression that the current CEO is simply following the previous one into terrible decisions.
This is bad management, executed by uninformed and irrational CEOs.
Similar bad decisions used to bring whole companies down when capitalism was working, before turning into corporatism in 2008.
Once the US taxpayers stop paying for dumb mistakes, these corporations and their CEOs will be held liable for the mismanagement and terrible decisions.
Twitter makes us wonder how many wrong decisions can a mainstream social media platform take before it collapses.
There is simply no logic at all implementing a tipping service on any website and choosing Ethereum for this reason.
Of course, the tweet by Blockworks got 10k likes, since probably 9k fake Twitter accounts upvoted this and 1k clueless users thought it was a great idea to tip $1 and pay an additional $15 to $150 for fees.
Not even mentioning that the receiver wallet will also have to send these fees to an exchange if they wanted to cash out in fiat and pay additional fees.
Can you tip $0.01 worth of ETH? No
Can you tip $1 worth of ETH? No
Can you tip $10 worth of ETH? Perhaps you can today, but that will cost $3 extra for fees. And it will cost the receiver another extra $3 if they wish to move this Ethereum.
And this is just the Ethereum fees today. Ethereum is unusable as a currency.
Not sure what exactly is the target group of this tipping service, either.
Ethereum elitists and whales?
It is financially irrational to use Ethereum as money.
With Bitcoin Cash, the same example comes with fees lower than a penny.
The decision of course wouldn't be Bitcoin Cash since intelligence is what the Twitter management lacks.
There is something wrong with the whole business world today, but sometimes poor management is still punished by markets. While every stock pumped right after the 2020 crash, it seems Twitter is barely hanging on a 2018 support level (also the outlook is extremely bearish).
(google)
Bitcoin Cash Is The Payments Revolution
Bitcoin Cash is ultrasound money.
With fees lower than a penny, it is possible to tip even a cent without having to consider miner fees.
You can download a Bitcoin Cash wallet and test it yourself. You can try it noise.cash or read.cash and tip a few cents to some posts you like.
Can you tip a few cents with BTC, ETH, Doge, etc?
Twitter may be focused on the Ethereum whales and elitists but high fees make these networks unreliable.
The mainstream social media probably think it is a great approach to include crippled cryptocurrencies just to seem innovative, but it is disappointing and this decision simply removes any respect that was left for Twitter.
Join noise.app and read.cash today and discover the real revolution in social media.
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I like to use bitcoincash tips everyday both on twitter, noisecash and readcash. I also like to provide a bitcoincash tip link on the discord server that I follow. This is my way to introduce bitcoincash in Indonesia.