BCH The Best Option For Tips - Twitter Ignores Utility

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Avatar for Pantera
2 years ago (Last updated: 9 months ago)

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

(Whitepaper)

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.

ETH transfer fees (not including tokens or contract interactions)

And this is just the Ethereum fees today. Ethereum is unusable as a currency.

(BitInfoCharts)

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.

Lead Image: on Unsplash


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2 years ago (Last updated: 9 months ago)

Comments

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.

$ 0.00
2 years ago

You mentioned a lot about Bitcoin. I read your post very carefully every line very carefully, I read your post carefully for 25 minutes and realized very well that we newcomers can use bitcoin very nicely and easily on any platform which will not be our problem. . But I like read.cash and noise.cash from here, Bitcoin Cash BCH can be distributed very nicely through, which is very easy to use, its free is very minimal, which we can easily cryptocurrency. I think it is very useful. In today's world the use of cryptocurrency is increasing so much that we are constantly learning about cryptocurrency. I think if anyone reads your post with a lot of nice and pleasant attention, especially new users then they will understand very well and I have followed that and understood very well. Thank you, I wish we could be inspired to write these beautiful posts and make the right decision very well. Thank you very much.

$ 0.00
2 years ago

Bitcoin Cash is Bitcoin. Let me edit to make you understand.

BTC is the fork.

$ 0.00
2 years ago

Yes. Dear you are right. Thank you.

$ 0.00
2 years ago

This is one time I wish I could rebroadcast a message on read.cash!!!

$ 0.00
2 years ago

Secondly, I think it's high time we got used to this laughable goofing everywhere. I think there time is rounding up. When big tech feels impregnable, they'll learn from the foot of the ladder!

$ 0.00
2 years ago

With all the enlightenment available, it baffles me what really is going on!

I am just wondering, maybe some people are hell bent on failing lavishly. It's clear not to see. Like, what really is the rationale behind Twitter's decision? It beats them!

$ 0.00
2 years ago

The problem is more widespread than you even think. Everywhere there is a list of anything, you'll find every single main chain, side chain, chain-smoker, and anker-chain you can think of, except any that are based on BitcoinCash or SmartBCH. For example, there's a site listing play to earn related things like upcoming minting or auctions or 1st whatever... But nothing, zilch, from the SmartBCH world. Same thing with the cross-chain bridge listings. You can go from Chinese yen to Cardano and then back to Russian roebel according to that site's listings but Bitcoin Cash to SmartBCH isn't (or wasn't until I mailed them) was conspicuously missing.

$ 0.05
2 years ago

But nothing, zilch, from the SmartBCH world

There are many examples from smart-contract networks because they achieved VC funding in the previous years. Solana, Cardano, Polygon, Terra, Wax, about 20 more sidechains and main chains have been VC backed for many billions. SmartBCH is just about in its beginning. With VC backing everything changes but this needs certain steps and there are also threats with the treatment of VCs when they will take profits out of such an ecosystem, or when the ecosystem fails to deliver what it promised. And the way I see it about 90% of these networks will completely fail.

I wrote about this yesterday, I think gives a better picture why these networks suddenly appeared got hyped and reached extreme valuations. All these networks I've mentioned and many more received billions in funding by Venture Capital Funds.

However, this one is about the tip factor. We just scan a QR code and pay a tip of a few cents with Bitcoin Cash. Can't be done with Ethereum, BTC, Dogecoin. Maybe some other cryptocurrencies can also achieve it, I haven't tested them though. Dogecoin was also supposed to have low fees, but as price increased dramatically fees did the same. Can't tell if Cardano will ever work properly, or the users of this network will live in fear of losing their funds suddenly one day due to incomplete developments, centralization or security issues. XVG was also supposed to be so great and would take over payments and all. Hype doesn't last and problems will surface.

$ 0.05
2 years ago

Seems like Twitter wants to pay high gas fee. Lol.

$ 0.00
2 years ago

maybe the CEO of twitter should reconsider how hard it is to implement eth as a way of tipping. Some time ago I heard the news that Twitter will implement NFT in user profiles but I don't know clearly this news and which network they will use maybe Eth, if this method is really difficult, there could be chaos in the tweet.

$ 0.00
2 years ago

I wish I could share a screenshot here, a guy pissed me off because of this Twitter tipping thing but I choose not to drag him because he has more followers than his IQ (0 followers meaning his IQ is less than zero).

Twitter made a huge mistake and I wonder what they were thinking before making such decisions. If they have seen the growth and success of Readcash and Noisecash, they will understand why only Bitcoin cash does the magic.

$ 0.05
2 years ago

What else we can expect from Twitter censoring BCH related things all the time and can't expect from them even BCH is best option

Let's wait for web 3.0 and avoid these censorship, everyone will have their own choices and freedom

$ 0.02
2 years ago

I wonder who'd actually use the ETH tip function. LOL! Why did I find the idea funny? Did the people not research about the fees first? 🤔

$ 0.02
2 years ago

It is yet another mystery!!

$ 0.00
2 years ago