What Does Bitcoin Cash Do? π€π€π€ Bitcoin Cash was officially released in August 2017. Its technology is very similar to Bitcoin, and there is also the same amount of coins β 21 million. Anyone that held Bitcoin on the day that Bitcoin Cash was created automatically received free Bitcoin Cash! The fortunate people who were holding Bitcoin received Bitcoin Cash at a ration of 1:1. Yes, thatβs right! If you were holding 1 Bitcoin at the time Bitcoin Cash was formed, you would have instantly received 1 Bitcoin Cash. One of the more common answers to the question "what is Bitcoin Cash?" is that the main purpose of Bitcoin Cash is to be used as a payment system. This means that, just like the original Bitcoin client, people can send and receive funds. However, Bitcoin Cashβs technology allows for much faster transaction times, and lower transaction fees! Many people thought that those who received their free Bitcoin Cash would sell it as soon as they could, but this hasnβt been the case. Since it was released in August 2017, Bitcoin Cash has performed very well. It is currently a top 5 cryptocurrency and is also listed on Coinbase. Being listed on Coinbase is a huge deal as they are the most popular and well-known exchanges in the world! Coinbase only lists 4 different cryptocurrencies, so the fact that they have listed Bitcoin Cash improves the credibility and awareness around the project. Because the cryptocurrency is still in its early days, there are not many merchants that accept it yet, especially in comparison to Bitcoin. However, as Bitcoin Cash becomes more and more popular, new merchants are starting to accept it as a payment method. #Club1Bch
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