Why Bitcoin Cash Needs You
The Future Of Bitcoin Cash Is The People
Bitcoin Cash can gaze at the future with optimism.
The community remains the maintainer of the whitepaper ideals, but it also innovates. Today, a massive transformative force bursts with a concept that evolved the blockchain into a peer-to-peer economy.
Bitcoin Cash upgraded the blockchain by enhancing the on-chain UTXO-based smart contracts, and initiated a new era of true decentralized finance, Web3, and Metaverse application.
New horizons and new ideas for Bitcoin Cash, and perhaps it is high time everyone rethinks their position regarding their support of private companies operating Ethereum clones and begin acknowledging the blockchain networks that matter.
Bitcoin Cash will need crypto enthusiasts, evangelists, developers, companies, merchants, investors, traders, and speculators.
Even speculators will probably find the best entry point right now.
Bitcoin Cash needs you to make the peer-to-peer economy come true.
Bitcoin Cash Is Hope
Where others failed, Bitcoin Cash stands strong, upholding Satoshi’s values and materializing the promise of permissionless peer-to-peer electronic cash.
The network demonstrates low fees (lower than a penny), instant transactions, security, and reliability.
Bitcoin Cash is money for the people.
Therefore, the future of Bitcoin Cash begins with the people.
It is up to everyone, every crypto enthusiast and investor, to realize what Bitcoin Cash is creating and why.
It saddens me when intelligent people in this field prefer to ignore the work of Bitcoin Cash devs and the community and adopt an apathetic or even hostile stance, following what the highly censorable crypto media suggest.
You guys have your own voice. Feeling threatened by a gang of keyboard warriors makes no sense.
It is equally disappointing watching cases of censorship, propaganda, and public manipulation against Bitcoin Cash by the crypto media. However, nobody considers sources like Coindesk or Cointelegraph credible, anymore.
Biased journalism is an issue with mainstream financial news as well, although, in the crypto domain, the lack of credibility reaches distressing levels.
Sure, we make mistakes, but not acknowledging them is the problem.
Asking for blind obedience is the problem.
Controlling the media and manipulating the public opinion is the problem.
What matters is a net positive outcome. Bitcoin Cash outperformed in all metrics even with limited resources at the developers’ disposal.
Sure, Bitcoin Cash underperformed in the price.
Still, since the price is low, even close to all-time lows, and developments shine, the network operates flawlessly, and anyone that uses Bitcoin Cash becomes involved and attracted to it immediately, isn’t this a rare opportunity to get in while the price is still low?
Bitcoin Cash applies decentralization even in developments with six different development teams (and the CHIPs process), and funding (Flipstarter).
Not even the brightest of stars in the history of Bitcoin Cash could hijack developments and proceed with plans against the will of the rest of the community.
The split with the ABC team happened in 2021. The differences were avoidable, yet Bitcoin Cash was never just ABC, something the ABC team believed.
Moreover, Bitcoin Cash is not just Jihan Wu, Roger Ver, or Bitcoin Unlimited. Everyone combined is Bitcoin Cash. The devs, stakeholders, users, evangelists, and the companies building on Bitcoin Cash, make Bitcoin Cash what it is.
By disregarding that and excluding itself from consensus ABC epitomized the decentralized procedures of Bitcoin Cash. Consensus drives the self-sufficiency of the network and cancels pressure or capture attempts.
Bitcoin Cash Needs You
Holding and using the coin to escape the legacy finance and the dire future of CBDCs is also part of Bitcoin Cash.
Decentralized in all constituents, all different parties, stakeholders, and users.
Bitcoin Cash needs users, traders, speculators, and mercenaries.
As things stand today, with the menace of CBDCs looming and financial autocracy on the rise, it needs the support of anyone that left to come back.
Anyone that left can come back. Clearly, those that massively failed and followed a dishonest approach will not find a warm embrace. Yet, indeed, everyone is free to come back, even them, and the results will matter.
The value added to the ecosystem by actions will be the decider.
Also, there is a need to prove there is an alternative to CBDCs. And to prove this, Bitcoin Cash will need everyone in crypto.
We seriously don’t have all the time in the world to delay decisions.
Bitcoin Cash also needs centralized exchanges to support it, at least those that understand their role to ensure and facilitate the transition.
Clearly, most of the centralized exchanges are not friendly to many cryptocurrencies, and some are there to promote their interests and not financial freedom (as they claim).
We don’t have illusions that Binance will suddenly support Bitcoin Cash.
Same for several other exchanges that promote online gambling, centralized platforms, and company tokens instead of real censorship-resistant coins.
Still, several honest market players have proven they understand their role in the ecosystem. These foundations support the transition from a rotten system to a better one, less corrupt and more transparent.
They are rails supporting the transition to the future of finance.
The more teams join, the more developers join, and the more users and merchants join, they support the network effect by adding transactions and generating value to the ecosystem.
Bitcoin Cash will survive with the current community.
Even just 1,000 to 10,000 people are enough, and we could stay in our bubble building and supporting each other.
It needs you, the people, to fulfill its destiny.
We can live in our microcosmos disinterested in anything outside of us.
Bitcoin Cash can survive, but to fully materialize Satoshi’s dream, the current cryptocurrency community, the devs, the users, the platforms, the YouTubers, EVERYONE has to start thinking about what matters again.
Today, we lay the foundations of a non-custodial economy.
Centralization in crypto (exchanges, websites, platforms) was only supposed to be the ramp that would facilitate the transition from a fiat-based financial system to decentralized finance.
Centralization is a point of failure, a vulnerability we cannot keep ignoring. It led us to FTX, Terra Luna, Celsius, BlockFi, and lately, the attacks on the centralized part of Crypto by the SEC.
Yes, this is what the SEC is after. The SEC can’t really do anything to decentralized networks. It will be against the financial laws of liberal democracy and will mean pure authoritarianism if the EU or the US bans cryptocurrencies.
The private companies behind several PoS tokens are the target.
Also, these private companies are the vulnerability.
The plan was to remove trusted third parties, not bring them back under the veil of fake decentralization.
Let’s face it, people.
Every centralized entity in the crypto domain is vulnerable.
VCs pumped and dumped centralized networks like Solana, Polygon, BSC, and still many support them and build on top of them.
Move out ASAP unless your sole business plan is based on a pump in 2024 and an exit scam.
Bitcoin Cash recently improved smart contracts opening vast new horizons with infinite possibilities.
It enables several developments, which on Ethereum were impossible due to the high gas fees. Bitcoin Cash fees will always be low (lower than a penny).
CashTokens is the way forward, enabling financial dApps, DeFi, and decentralized markets on a fast and robust blockchain.
Web3 has landed, and Bitcoin Cash is now Metaverse-ready.
We are about to witness new DEXs with true DeFi and pure peer-to-peer non-custodial finance on Bitcoin Cash.
Gaming and NFTs, trading and gambling dApps, prediction markets, you name it. Whatever you think of, you can build it on Bitcoin Cash.
There is no limit.
Any game and any platform can incorporate NFTs with Bitcoin cash. The reliable low fees and instant transactions make Bitcoin Cash a perfect candidate for projects fed up with high Ethereum requirements.
Land Of The Free Because Of The Brave
Bitcoin Cash will survive nonetheless, but to accomplish its mission and attain global adoption, it will require the cryptocurrency community to realize the mistakes in supporting vulnerable networks and tokens controlled by private companies more than working networks with censorship resistance at their core.
The attained scalability is key to achieving the goals.
Bottlenecks and fee markets restrict networks from achieving global adoption and reduce availability to the masses.
With no central authority, no private company or team controlling developments, and scalability that follows the latest technology, Bitcoin Cash is one of the few hopes left to oppose the CBDC menace that marches uncontested.
“Give us your tired, your poor, your huddled masses yearning to breathe free.”
The future of Bitcoin Cash is you. All those fighting corrupt institutions, those that strive for change, and those that yearn for freedom.
Cover on Pixabay (modified)
Also Read:
Platforms:
● read.cash ● noise.cash ● noise.app ● Medium ● Medium ● Hive ● Steemit ●Vocal ● Minds ● Publish0x ● Twitter ● CashRain ● Me.dm
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I think one problem is, people are trapped in a mentality that they treat Bitcoin and other coins as a commodity. They buy and hold the coins in hope the prices would soon go up. Like a digital gold They have forgotten the "currency" side of cryptocurrency. I don't know so much details when it comes to the technical side of bitcoin, but when it started, my first thought about it was, "ok, it's a more secure alternative to Paypal"... a payment system!
Moving forward. As far as I know, of all the cryptocurrencies out there, it seems only BCH hold true to the original purpose of crypto-currency.... to be used as a currency!
BCH-> cryptocurrency BTC-> cryptogold(?)