pros and cons of BCH and noise.cash

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Avatar for SnowUnderSun
3 years ago

Ok folks, let's talk about reality. I am a crypto trader since 2015 and BCH hodler since its fork. I am also holding classic one and some other cryptos. My pros/cons thoughts about Bitcoin Cash were already clear before they launch noise.cash and read.cash , I admire BCH's technical superiority in lower fees, better mempool, faster transaction and real-life payment experience with BCH to hotel for accomaditon , pay in restaurant for dinner and more. I accept its disadvantages are lack of reputation because less known by newbies and lack of influencers which all combined with relatively low transactions.

I thought that sponsors of read.cash and noise.cash support this project for increase number of transactions significantly and increase awareness of people about Bitcoin Cash which can effect positively on BCH price. I am not sure about their goals/objectives but its my estimation, maybe wrong i guess...

We are all happy about receiving free money in BCH basis but it is NOT sustainable business model in reality, they spend massive BCH without any income at this website. Also paying salary for IT guys, servers and your free tips. If contents do not match their objectives/targeted metrics, how can they continue to support your stolen pic posts or subcribe-to-subcribe tipping circles for low-quality post??? yes, have many low quality or zero quality posts, we all see people post just a single letter such "Z" or just a sticker. Unfortunately they are in bulk numbers and i guess that not easy clean up them. I am also agree about they need to find a way to kick them from platform.

On the other hand, I also saw today as many good influencers with experience in crypto had been tagged as "not eligible" because of they also post link of their articles in other platform about other coins. Honest speech from a " eligible " user, losing experienced influencers will not benefit for BCH and will not create good reputation, fear about disappearing crypto-experienced influencers will replace with more trash-content user. Is it possible to review in bot settings and make better tuning to keep good content creators?

I choose Ptolemy's world map for this content because crypto community is like globe. Wherever you go far from community, soon or later you will come near to same community, like turning around the world.

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Avatar for SnowUnderSun
3 years ago

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