BitcoinCash Possesses Striving Traits

There is hope because there is quality.

• What is required to possess when a professional wants to excel in a business process?

The professional is supposed to have striving traits.

<> What are striving traits?

• Knowledge about the subject of the business

• Awareness of the market

• Willingness to update knowledge and correct past errors/mistakes

If someone has got the above traits, there is hope for growth.

• The quality of a product or service is the key.

The business service provider group's competence can drive the business on the succeeding track.

Five plus years of BitcoinCash, aka BCH.

• So many cryptocurrency projects exist in the world. Out of these cryptocurrencies, only a hand-counted few tens are performing to impact real-world use cases. Real-world adoption comes next.

BitcoinCash is one of the best-performing cryptocurrencies that started with a hard fork of the first version of the Bitcoin blockchain five-plus years ago.

• August 01, 2017, was the foundation day of BitcoinCash when it started as a hard fork of the original Bitcoin blockchain. The developers of BitcoinCash increased the block size, thereby significantly solving the scaling and speed issues of Bitcoin.

Very soon, BitcoinCash will complete six years of existence.

How BCH transforms crypto hypes into fintech hope.

• Crypto hypes are about rising price caps and replacing all major fiat currencies.

• Crypto hopes are about online payments and acceptance by many global merchants.

<> BitcoinCash has already accomplished some fintech hopes.

"Cryptocurrencies would be used for online payments."

• BCH has been adopted for peer-to-peer online payments.

"Cryptocurrencies would be adopted by many global merchants."

• A large number of global merchants have started to accept BCH.

"Cryptocurrencies would be adopted for crowdfunding startup projects."

• BCH has been used for crowdfunding some exciting tech and social projects.

How BCH predicts value.

Screenshot of BCH price graph (June 26, 2023) Source

The price cap of BCH directly inspires the stakeholders to use more.

The real value of every earthly object comes from its real-world utilities and diverse use cases in human society. The same is true for BCH.

• The real value of BCH may be assessed from its utilities, performances, and resource requirements.

• The value of BCH comes with its mass adoption, its true potential for business, its utility as electronic money to improve the global economy, and its speed and cost of performance.

The most important trait of BCH is its decentralized operation, with continual innovation and the development of new applications.

BCH possesses some striving traits.

Some worth-noting traits of BitcoinCash that will get the journey striving.

• BCH has gathered good investments in the past.

• BCH technology has been improved from the Bitcoin blockchain.

• BCH takes much less time to process one transaction.

• Transaction fees for one BCH transaction are very low compared to that of BTC.

• The BCH network burns less electrical energy than the BTC network.

There had been an exceptional awareness campaign of BCH among the common mass. The dot-cash platforms produced considerable visibility of BCH to a large number of bloggers around the globe.

• BCH proved its role as a digital currency for online payments for merchants.

• BCH community-initiated use cases for smart contracts, such as SmartBCH.

• BCH community opened platforms for the crowdfunding of small projects.

• BCH community also developed non-custodial cryptocurrency wallet services.

• Some government officials considered BCH for payments of salaries.

There is no final word about cryptos.

Think real about cryptos.

• No magic can place crypto in a problem-less digital space.

The same is true for BitcoinCash, aka BCH.

• Indeed, BCH is real.

• The BCH use cases and adoption are real.

However, the price cap of every crypto is volatile.

<> The striving traits of BCH may place it to a greater height.

I watched the BCH graph and talked live on YouTube on June 27, 2023.

Video Source

Cheers!

Unity (Debesh Choudhury)

Screenshot Source

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Lead Image:   I created a GIF using my title texts, a pic by Kanchanara (modified) on Unsplash, and a screenshot from CoinGecko via ​Brave Search.

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Disclaimer: All texts are mine and original. Any similarity and resemblance to any other content are purely accidental. The article is not advice for life, career, business, or investment. Do your research before adopting any options.

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#cryptocurrency #bitcoincash #bitcoin #blockchain #fintech

June 26, 2023