Theres a lot of hype with Bitcoin cash right now guys. And I just made a video earlier today. Its actually really getting pretty popular right now. We should check it out, but I kind of left out a major detail why I think Bitcoin is less profitable at this point than Bitcoin cash. And I just want to get right into it. So again, . , just get some good knowledge out of this video, please. So what I didnt talk about is the difference between Bitcoin and Bitcoin cash and one of the main differences is one of if not, the biggest difference is the amount of transactions that can be put out per block.
Now Bitcoin has one megabyte transaction capabilities per block on the Chain while Bitcoin cash has 64. So what exactly does that mean? Well. This essentially means that the amount of transactions that can be completed per minute or a lot, a lot, a lot lower in Bitcoins perspective. So I believe big we can do about 16 transactions per minute, which is insanely slow
. And if you want to speed up the process and get your transaction put on that block so it can be created. Youre going to be paying a lot of transaction fees. So essentially lets just say you wanted to buy this mouse over here and youre going to pay with it with Bitcoin vs. Bitcoin cash which I 64 megabytes
capabilities and can do a couple thousand transactions. I dont have an exact number for you right now, but say we are going to buy this mouse, you know youre going to pay. So its a $12 in transaction fees just because its slower to get onto the block and create a transaction thats available for you because its just such a slow-moving crypto. Now Bitcoin cash, you can move that decimal spot about 5 to the right and you can get this for like a fraction. Not even a scent in a transaction fee so thats one major difference in why I believe that Bitcoin cash is superior to bitcoin and I believe it, thats why it is satoshis
true vision of the pewter. Electronic system transaction system. And then a great question. A lot of people have actually is. So if this is a decentralized currency, where do these transaction fees go? Well, to answer your question. So the miner who gets rewarded, a small portion of Bitcoin, cash, Bitcoin, whatever those transactions, those transaction fees go to the minor as a reward for his hard work, and figuring out the algorithm for putting your transaction on the blockchain.
Now another reason why I think Bitcoin is less Superior than Bitcoin cash in terms of like whats going to happen in the future right now. Obviously Bitcoin is you know it was undeniable sells the highest valued crypto at this moment. But were gearing towards a world of like, green and economic safety when were trying to, you know, preserve the Earth and Bitcoin, you know, I did a lot of research and I found out that Bitcoins economic footprint is pretty high just because of how much computing power goes into, you know, putting a transaction on the blockchain and thats mainly because its the it only has those megabyte capabilities and it hasnt moved too fast or system just yet.
so its something that would deter, a lot of people to, in terms of like Trying to move forward to more green world and this kind of takes away from that. But Granite doesnt make a lot of money and we all know that we love money, but if were looking for something thats more like, Ethically. Profitable Bitcoin cash. You know uses way less computing power because its more efficient faster and it doesnt require all that computing power to process a transaction. As matter fact, its a, its a fraction of what Bitcoin uses. So thats actually a very important things that you want internalized because we are moving towards. If you look into what were doing right now, were moving to an electrical Car World, an alternative power source world, and defy system for currency and which one is going to be the best I believe, truthfully is going to be one thats, you know, not so slow and thats not so damaging to the economy in which it has more, you know, higher speeds, higher
transaction rates, and that doesnt leave such a strong, strong economic carbon footprint. But that being said, it has been some allegations that it uses up as much as I can reckon Airlines then ask him from a centralized bank. So I dont really know Bank of America. What goes on with their analysts, but I do believe that fugazi. But if you want to take some more in-depth analysis, I would suggest, you know, looking to that yourself. But lastly, guy
. So another thing that you want to not take a look at is how much Bitcoin is left versus how much Bitcoin cash is left. So each of them, this is what Ive done some research on. Im not a hundred percent of these numbers are totally accurate, guys, but Ive done a lot of research and a lot of sources have confirmed us. So, theres 21 million of each of Bitcoin and Bitcoin cash. And I believe theres 18.7 million Bitcoins that are already in circulation and is only 17 million Bitcoin cash in circulation. So, as we know when something becomes more scarce, it its value increases. Now Bitcoin has 1.7 million leg up on bitcoin cash so theres more to buy on the Bitcoin cash side which means that its going to be you.
No less valuable because theres more available but when more people buy it and it becomes less available to the general public that price just naturally going to Skyrocket. And I really believe that between the fear of never being able to buy that and the fact that people going to realize how crazy efficient and fast and just what a great system that Bitcoin cash is, I dont think you will ever turn back and I think were going to see some crazy number. Im changing my prediction in your hearing you here for us. If were watching this video on 2025,
Im thinking 40,000 is definitely in the wrong with capabilities for Bitcoin cash at this point just because of what crypto has done this year. I mean guys are going to look at coinbase to this is another reason why I got coinbase IPO guys. I mean, a crypto brokerage to be publicly trade in, people are buying it and Id only just people. Guys, Cathy wood of Arkham best is constantly buying large amounts of coinbase. I believe a couple of her ETFs. Its close to like half a percent of the portfolio. So you just got to take that into consideration, guys, you got to take into consideration.
How many people actually investing in current in cryptocurrency?
How many people are buying cryptocurrency? You just have to let you know, open your eyes to the possibility that this is no longer just a scam or like some fake dream. Like, this is reality. And people are becoming rich guys. If you put $10,000 in, December that I did and Dogecoin as opposed to bitcoin cash, we were having a whole different conversation but this is not to say that theyre going to catch those amazing. Like, but is to say that cryptocurrency, Is the future and theres ways to get rich with it .,.