You know nobody wants to touch that filthy fiat currency. Well, that's very true today where we are experiencing a global pandemic and of course, cash is a very easy way to transmit germs and this virus. In this case so many people have been trying to avoid that for that reason but even the plastic where you pay with your credit card in these terminals these are not clean either so everyone's touching their cards and inserting those into the same machine and then you have to input the pin in some cases even the ones where you are just tapping it and it's got a wireless payment you still have to physically touch it on the machine where thousands of other people have come and done the exact same thing well I've got good news for the businesses around our area and across the globe who are accepting Bitcoin Cash as a payment method do not have to put themselves at risk because bitcoin cash payments there's no contact you just scan the QR code at a distance and it's as simple as that actually the payments with Bitcoin cash far quicker than payments with cash and also far quicker than payments on credit card so it's just more efficient in every way and it's also helping reduce transmission of germs and the virus. Some local Bitcoin cash accepting businesses and going to see what's going on there see how they're dealing with it so these guys have got the Bitcoin cash still operating here but everything is shut down no customers. I heard that one customer actually did a payment over the Internet so they basically sent a photo of the QR code to the customer, yeah and he paid before he came here to pick it up for the takeaway exactly well it's actually extremely cheap at the moment. Bitcoin cash helping people in their business. Bitcoin cash is the best cash in the world.
The Bitcoin cache cities merchant’s lineup actually has apparently 17 separates stores within their complex. I thought I would comment as well on this lockdown that the government is imposing like many businesses being forced to shut down at the direction of the government and if they do not comply then basically you get massive fines and basically it's ruining these businesses and many of them are going bankrupt and struggling to have to lay off staff and it's just terrible but it seems as if this is all a big overreaction and basically it looks like it's being done to crash the economy in my opinion because we don't really have that many cases here in London there's like maybe 10 cases and all of these ones have been people who contracted that overseas.
They flew in while they flew in from some other big city in Australia where it's a lot worse than it is here in this regional area so we're basically unaffected by this yet every single business has to shut down which is pretty ridiculous obviously the cryptocurrency prices crashed a fair bit and all these idiots were saying that basically all BTC it's a store of value it's a safe-haven asset and they have now without a doubt being proven to be totally wrong because BTC crashed it crashed even more than many stocks did and this is certainly not a store of value it is a speculative asset that doesn't have any utility and so we saw basically take a huge nosedive and yeah this is just a reality for BTC holders and supporters you can't use it for anything else so Bitcoin cash has the value went up too but we can still use it as an electronic cash system and there's no fees and businesses are still accepting it as a payment method it's far better payment method than fiat currencies also we see that governments are printing a shitload of the local currency so it coin cash obviously has limit setting into the code you cannot have any more than 21 million bitcoins ever even less Bitcoin cash will be coming into circulation in the next two weeks so this asset is becoming more scarce even though it's really useful and of course as more people accept it because it's useful, electronic currency these are the factors that are going to contribute towards the value increasing bitcoin cash.
Bitcoin cash not prone to print trillions of dollars out of thin air and what this is actually doing is anyone who's got savings in dollars and now there's more dollars being printed well the value of your savings is going down so basically you're being stolen from without many people even realizing what's going on all right we're just pulling into the Bitcoin cash drive through here and photos and they got an interesting setup here the best part is you can play with big point cards obviously I'll jump in and have a look so they've got all the things in here the drive-through setup I've got all this stuff in here and I got the dick point cash accepted sir what are you thinking of the Bitcoin cash payments so far have they been good. I even believe how easy yep just like that basically Something up with my phone. It's my spare phone yeah I think it went through the okay well yeah another thing I was mentioning earlier is that I noticed with this it's obviously contactless payments there's no like inserting the card and it's not cash yeah that's pretty handy stuff right there even yeah with these cards you have to like insert it and like put the pin in its good stuff and we'll have you noticed like many people ditching cash as well that's good to hear so anyway come and support orders here in Townsville all right well those guys certainly loving accepting Bitcoin cash as you just read. They’re pretty keen on this thing and yeah this is one of the biggest institutions in town I would say if you're a business owner reading this article and perhaps struggling through this pandemic that is ongoing at the moment and you're looking for ways to open your business after new customers a secure way to transact over the internet without incurring massive fees from these credit card.
Companies and banks are also added benefit of not transmitting any like germs or the disease well Bitcoin cash is the option for you and you can very easily go and start accepting that in your business today through the bitcoin.com wallet and their point-of-sale app called the Bitcoin cash register. These are the only two things you need and you're good to go and there's no sign ups required or anything and it's really that simple this is like this is why we have been able to secure so many emergent to get them on board with Bitcoin cash is because this not much hurdles in starting to accept it they can just download the app everyone's already got a smartphone everyone's already got like a point-of-sale device in most cases they get them for free from uber REITs and these other delivery services or you can just install the app on those devices it directs all the payments to the business owners personal phone which just makes it more secure and they can see every payment come through as the transactions made lets the other great thing one of these businesses that we are ordered recently well he went overseas for a week or two immediately after we onboard them but they were getting a ton of Bitcoin cash business while he was away and he was able to keep a track of all that on his phone he was getting like notifications every time there was a payment so he thought that was pretty cool and yes since he came back he's just been really keen on the Bitcoin cash and that opportunity is there for your business as well if you haven't already begun accepting Bitcoin cash so yeah definitely Bitcoin cash and wallet bitcoin calm to go and get that to happen as well.