We have lift off! Bitcoin Cash blasts off into space!
We are witnessing amazing price action since yesterday. Strong volumes and a price for Bitcoin Cash that seems unstoppable.
Bitcoin Cash is just beginning its journey and will attract millions of users during this renewed interest in cryptocurrencies.
While the price action is exciting we are still expecting to increase adoption, because it is the utility of the Bitcoin Cash network that increases its value. Bitcoin Cash is only now recognized by more users for its efficiency and features of low fees and fast transactions. It is the best bet the cryptocurrency market has to offer in terms of becoming a widely accepted digital method of exchanging value. A P2P-electronic-cash for the world, and not just a toy with high fees for the elite.
Memes can explain everything better. A meme is worth a thousand words, so I selected those that are most relevant. I hope you will have fun and have some relaxing and quality time reading this!
How BTC Maximalists read the whitepaper. The real one isĀ here.
The Blockstream-BTC Whitepaper Source Reddit, created by: user
Batman deals with the "Store of Value" narrative:
Source: Imgur
Imagine paying for a soda with BTC:
Source: imgflip
Bitcoin Cash transactions are practically free (~$0.002). Satoshi explains:
Source: github
Superior targets:
Source: Reddit
A very important message is in this one. While Bitcoin has abandoned anything that has to do with becoming a competitor to fiat currencies, it is now Bitcoin Cash that delivers in this field. And the target is also better. A $100 Trillion market cap of global cash, instead of the $10 trillion market cap gold has.
Moreover, it is very doubtful that Bitcoin will have anything to do with replacing gold since it is something completely different and can't be compared. But then again for the maximalists, it is all about selling the narrative.
While BTC is interested in fairytales, Bitcoin Cash keeps working to build a strong user base that will support the network with millions of daily transactions. It can scale to the highest levels of adoption and become a mainstream payments network.
Superior Bitcoin Cash supplex:
Source: Reddit
Gregory Maxwell explaining the pointless Blockstream satellite node:
Source: Github
A solution to the BTC full mempool:
Source: Twitter
A terrible tweet by Samson Mow (Blockstream) explaining how the narrative changed as soon as Blockstream sided BTC with the banks.
This is not a funny meme, but one that makes you wonder. Also one of the comments that pushed me away from the Blockstream version of BTC forever. Bitcoin used to be about banking the unbanked. It used to be "be your own bank". It is about all these once again with Bitcoin Cash.
The whitepaper is clear. Bitcoin is P2P electronic cash and the purpose is to be used in commerce.
Source: Github
Bitcoin Cash is proof of low fees:
Source: memegenerator
The BTC maxi manipulation creates some sad moments for uneducated investors:
This was it. I gathered this collection of memes from all over the internet and hope to give a smile to the read.cash community. I don't take credit for any of these memes and have given links where I took them from.
The price of Bitcoin Cash keeps increasing and hitting new highs. It is very important not to become Dogecoin and create artificial price action based on hype without any substance.
Dogecoin is only hype without development and very little use case. Bitcoin Cash is Bitcoin upgraded to fulfill the Nakamoto dream of achieving a state of adoption for billions of users.
Hopefully, some of these memes can change the minds of long-standing BTC holders. In Bitcoin Cash we try to produce value by increasing network support. Because the users of a network are those that are giving value to it. Marketing is also important to explain Bitcoin Cash and increase the userbase.
I would expect Bitcoin Cash to reach a new ATH and still be at a fair value considering the network adoption and the current status of the market.
Lead Image from: Github
Currently active on the following networks:
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Oh well, Bitcoin cash is starting. I hope it will continue. It will take over the throne.