This is our great mission to spread proper guidance due to the 96% of the market do not understand how cryptocurrency works, its volatility, and most of all its UTILITY. Let me go back again to how Kim Dotcom had given emphasis in the Utility of Bitcoin Cash and not just hodling it.
Most of my entrepreneur friends rarely adopt cryptocurrency as a mode of payment for their products and services. They don't turn into cryptocurrency because the idea was always on the wrong side concerning scams. They told me how they were victimized by those people they trusted joining crypto with guaranteed returns and investments were the focal point. They were told to invest with an initial amount of $300 and receive a guaranteed return of 3.5% daily returns. The idea was to give the money to the middleman and all they need to do is to wait and earn, get rich quick scheme!
When it comes to investments, I applied the same principle when I started with stocks and bonds. I told them to stay away from such kinds of investment schemes regardless if the company has been registered from the UK since Verification is another story. This is already a red flag leading towards Ponzi which are lingering in the crypto community. We read a lot of stories regarding this and we can only hope had there been proper education about blockchain or crypto in general, the public will surely be saved from these heartless scammers. The not-knowing is scarier than anything especially when it comes to trading crypto. Personally, regardless how micro the earning, still it is a profit! Just sold 1/4 from my port! following MPS way!
SIMPLIFYING BITCOIN CASH to Non-Crypto Users and Believers
With entire conviction how Bitcoin Cash can bring more economic freedom to the world as per Roger Ver's statement most on his interviews at the same time with my own experience how I paid my father's medication in the hospital using the tips, I have received either here or at Noisecash, there is no doubt I am in unity with him that Bitcoin Cash is what the world needs to alleviate poverty just how countries like Venezuela and Argentina did. Inflation is one of the biggest problems that fiat is facing hence a digital currency is an option if not the next generation of money.
A friend of mine who is into entrepreneurship sent me a message via FB messenger asked how could I help her with Bitcoin in general. I knew when she asked me about it, she's not merely inquiring what is Bitcoin but wanted how she can fully utilize it in her business if not paid her debts. Upon our short convo due to time constraints, the main concern was "how much was the necessary amount for the initial investment? Technically, I replied, there's none if she's willing to invest her TIME learning, exerting effort to earn FREE BCH. Mind you when she heard the word FREE, she could not believe that there are freebies in the crypto-verse. She's not fully convinced until I had shown her the FREE TIPS I have received.
For her to understand how Bitcoin Cash works in all areas of our financial system, I have to start from scratch. I needed to simplify in a way that she could understand it even if she's a newbie or who doesn't have any crypto background for this matter. I have to consider she can't fathom how trading works much to say how to utilize it as her mode of payment. I started telling her about the wallet first and from there she has to navigate. Two simple things I emphasized to make things clearer for her, were the FREE TIPS and the FREE WALLET meaning no additional cost involved. I don't even need to touch about different wallets or else it would lead to confusion in the end. The simpler I explained to her, the better just like how you are explaining it to a 2-year old that a sky is blue and a cloud is white. At times, simple things can bring great impact to others rather than telling them fundamentals and technicals with which hypafalutin jargons are irrelevant, needed but not essential from the outset.
Bridging the Gap between Digital Currency and Fiat; Bitcoin Cash plays a Pivotal Role on E-Commerce.
Why Digital Currency is Difficult to Understand for others? Can Bitcoin Cash Bridge this gap? if you're a merchant, you would fully understand the perspective of trading basic commodities (not merely crypto) and e-commerce platforms are facing problems with accreting cash, more and more merchants want to go with cryptocurrencies like Bitcoin Cash as their MOP. Remember also giant retail store Rakuten in Japan which is now accepting Bitcoin Cash for paying their products, knowing how advanced Japan's technology, I admired the country for being so open to making Tokyo their hub for crypto trading. A milestone to look forward to, when, Irie, a member of the Tokyo Metropolitan Assembly optimistically said this pandemic is an opportunity to accelerate policy adaptation adoption while creating a healthy environment to develop a crypto trading hub in Tokyo" hence easy adoption is likely to happen the soonest possible time since merchants can utilize it in their stores for consumer convenience.
So what's my stand on simplifying Bitcoin Cash to my Entrepreneur Friends?
Having the paradigm shift of bringing more friends into the Bitcoin Cash ecosystem, I feel it is my social responsibility to tell them how Bitcoin Cash, a true peer-to-peer electronic cash can help them in their micro or macro business. Their willingness to be on board as they had seen the potential of BCH gradually motivated them to learn further its CAUSE which gave me high hopes like those countries who are severely affected by higher/highest inflation rates are now getting back stronger through Bitcoin Cash. After what happened in Venezuela and Zimbabwe, Argentina is on the rise. This is what it means when certain cryptocurrency like Bitcoin Cash bringing more economic freedom to the world having the right perspective into it. Remember what Cal Thomas said;
In a free society, government reflects the soul of its people. If people want change at the top, they will have to live in different ways. Our major social problems are not the cause of our decadence. They are a reflection of it.
This helpful blogsite of @georgedonnelly is worth the time reading where it accentuate Bitcoin Cash thrives on PASSION, its Philosophy and most of all independency. Now ask yourself, are you passionate enough to encourage your loved ones in the Bitcoin Cash ecosystem? Will you bring them onboard so they can share that BCH is what the world needs? What's your effective measures for doing so? Is it mainly the investment side or it's UTILITY?
click on the images for its sources
Header Image screenshot from my bitcoin.com wallet
Highly appreciated for not spamming my post. Merci beaucoup!