Bitcoin Cash Is Attracting Actual Users

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Avatar for Pantera
3 years ago

A good friend in read.cash and other platforms @PatsKy8135 commented on my recent post concerning a certain sentence I used, that was making a great argument. It is something we are all aware of and it explains Bitcoin Cash and its importance.

"by far Bitcoin Cash has exceeded my expectations when it comes to its practicality. I have used this line of yours on my post, 'Bitcoin Cash ecosystem is not only attracting investors, but most of all it is attracting users" as I was also explaining to my husband what was the implication of BCH ($800) to our daily lives. I have tagged you as well."

I suggest following @PatsKy8135 if you aren't already, as she is doing a great job explaining the merits of Bitcoin Cash in all the platforms she is active on.

I didn't notice the significance when I wrote this, but after the reminder, I now think it very important and distinguishing part between Bitcoin Cash and many of the rest of cryptocurrencies including Bitcoin:

Bitcoin Cash ecosystem is not only attracting investors, but most of all it is attracting users.

The BTC community tried to hide the fact that Bitcoin Cash works as Bitcoin would have if it adopted the scaling changes proposed years ago. Bitcoin Cash is used, we use it every day, even just for tipping each other, or for sending our tips to our Bitcoin.com wallet. This proves Bitcoin Cash is ready and has solved the previous scaling issues without sacrificing network security or decentralization.

Source

I remember reading a Bitcoin maximalist claiming that the recent spike in Bitcoin Cash transactions is artificial and created by noise.cash very low tips given to users. I don't have the source of this maximalist comment yet, but it was naming Marc De Mesel having funded noise.cash to tip users and increase artificially the Bitcoin Cash transactions numbers.

Well, it was like that yes. Marc De Mesel did pay for most of these tips handed out by noise. cash. There is no denying this, and nobody said that he didn't. It is an honor to have Marc doing such a service and with this move, he validated our claims that Bitcoin Cash can scale.

This only signifies that Bitcoin Cash works just fine, works on-chain, and works for all the people, and not just the elite that has recently taken over BTC with Blockstream as their corporate vehicle.

Bitcoin Cash is the currency for the people. First of all, it is a currency, we use it, we can send any kind of transaction we want, we can use Bitcoin Cash to pay for services without having to worry about fees, or our transaction getting stuck in the mempool. Bitcoin Cash is how Satoshi was thinking Bitcoin will develop.

Since Bitcoin Cash is fast, reliable, and cheap to use, why would anyone be using an unreliable, slow, and expensive to move alternative cryptocurrency?

Bitcoin Cash went on after the 2017 fork with the updated version of Bitcoin, the version that followed the whitepaper and the Satoshi directions to scale, increasing the block size limit to 8MB and now at 32MB.

As one of the top authors in read.cash @CryptoMax said:

"BCH is the true Bitcoin, it respects the Bitcoin whitepaper, it respects the Bitcoin ruleset, and is electronic peer-to-peer money.

Quote from post: "The ULTIMATE Whitepaper on Why BCH is Bitcoin: 14 Reasons BTC is an ALT" (One of the most tipped articles on read.cash - recommended)

Of course, there will be denial as heavy bagged laser-eyed comedians will be everywhere spamming and trolling with expired narratives and confusing the public about what Bitcoin can be used for. The party is over though, Bitcoin needs to move over as there is better money now, Bitcoin Cash, a P2P electronic Cash that will not bow to banks, and will scale to serve every person, of any nationality or color and social class.

Source: VisualCapitalist

Bitcoin Cash gives access to finance to the unbanked population. With a $50 smartphone and access to the Internet, a person in the poorest area of the world gets access to modern decentralized banking without the need for anyone's approval. With fees at a fraction of a penny and virtually instant speed of settling the transactions, Bitcoin Cash is the modern money and moves forward to dominate commerce and finance.

Closing this post, I recommend subscribing to The Bitcoin Cash Podcast and watch the interesting topics discussed there. It is an excellent YouTube channel with news and ideas that help everyone discover Bitcoin Cash.


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3 years ago

Comments

Simply because Bitcoin Cash is attractive, it is lovely to see more and more people are being onboarded in Bitcoin Cash 🚀

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3 years ago

BitcoinCash became attractive since its growing and growing more people lobe these than btc or any other cryoto i wish it will continue to grow and it could help many people too.

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3 years ago