I have been thinking a lot lately. Bitcoin (BTC)'s use case these days are simply for holding and speculating that the price will increase, like an aging asset that gets more rare once it's stopped production. Due to its limitation of 21 million total, I'd say that is true. But then, there was also some thought nagging on my back. The world had immediately noticed and jumped on Bitcoin back in 2013-2015 and it reached a critical limit in 2017. This affected our young little Bitcoin BTC and molded it into our "store of value" asset by intentionally hindering and stopping development, tricking miners and investors in doing so.
It took 8 years of development for it to turn into an aging relic that banks wanted it to be in the first place. Bitcoin Cash (BCH), however, is merely 3 years old yet people want it to replace BTC immediately. I think we shouldn't.
In my opinion, Bitcoin Cash's development need to continue and grow, yet its adoption slow for the community to catch up. Bitcoin's adoption was run in place when people had noticed it then the news had noticed it and the stores have noticed it. It took only merely a few months for banks to follow and cripple it intentionally to stop this traction.
We're currently being hit by massive spam, troll attacks, FUD, etc. That is just part of our new life as the people have tried BTC and just weren't immediately swayed by it unless "brainwashed" by a heavily censored community. As much as BCH requires, we should be able to fix our own mistakes once we finally defeat BTC. For now, we should just lay in shadows, speculate and attempt to hook off BTC/BCH pairs while growing our little coin which I had always wanted to be the Intergalactic Credits people have used in science fiction.
We need to slowly work our way towards our normal life. Like Bitcoin Cash City is Australia, and other small places around the world. We don't need to spread it like a gospel. I think, we need to make it a natural flow of adoption. We too, are developing ourselves after all. Why can't our programs be the same? When BCH finally replaces BTC, we will be a hardened unified community.
Unless, of course, we succumb to the trolls. BTC is essentially what appears to be controlled by an Authoritarian node unlike our Council of nodes, with ABC, Unlimited, BCHN, BCHD, and the community. Let's not ruin our future.
Bitcoin (Cash) as the Intergalactic Credit, anyone?
