You Can't eat your cake (BCH) and have it

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2 years ago

This is an analogy that I have heard used to describe the situation where you want the benefits of doing two things when only the benefits of doing one is reasonable. The two things are eating your cake and having it.

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The cake represents a resource, such as time or money, that is required to get something done. It is something that you can consume yourself or give away to someone else. You can't eat your cake and have it means that you will not be able to do two things at once without sacrificing one of them. If you try to eat your cake and have it at the same time, you will end up doing neither well.

They promise you to do two things at once, and they deliver all your expectations, but they don't take into consideration that they don't do the both jobs at the same level. Optimizing their resources to perform two jobs at the same time, they put one on a very low priority.

You can't eat your cake and have it. - It is impossible to have your cake and eat it too, when you have a cake. This proverb is intended to warn against consuming your cake before eating it.

It is generally used today as a phrase to tell somebody not to try to do two things at once when that is reasonable, or to spend money on something when they are not going to be able to replace that that thing. It's a warning against engaging in something which has two competing motivations and will cause one to lose out or do poorly in doing something else.

Just want to say thanks to all the fellas who donate their time to give a helping hand. More then appreciative of your efforts and we are excited to see what the future holds for BCH.

Bottom line is you can't eat your cake and have it. You cant buy or sell BCH and then complain about it when it rises in value, that's not how it works, you need to start looking past the dollar value and think about the bigger picture.

You know that saying: "You can't eat your cake and have it?"

Well, if you're a bitcoin cash user, it's time to put that phrase to the test.

What do I mean? I mean this:

1. You can't send BCH to a trading exchange and sell it for fiat – and then keep the fiat to grow at the same rate as BCH;

2. You can't spend your BCH in a shop and expect vendors to accept it – without then paying a fee in BCH to the shop; and

3. You can't pay a utility bill in BCH, or buy things from Amazon, and expect them to accept BCH because they don't.

To my wonderful and extreme subscribers, inspiring readers, commentator, upvoters and also my generous sponsors . Thank you all so much for been there, from the bottom of my heart I say thank you. Adereign cares.

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2 years ago

Comments

At this price it is not considerable to sell Bitcoin Cash and as you said, if we look back at historic$1000 and perhaps a lot higher than that. I completely agree with you dear.

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2 years ago

Amazon doesn't accept Bitcoin Cash right now but will eventually adopt it as well. As users are increasing and online businesses discover they could attract a large crowd for their sales, they won't ignore the cryptocurrencies that work perfectly and contain low fees.

Completely agree with your point. At this price it is not considerable to sell Bitcoin Cash and as you said, if we look back at historic charts it is not wise selling anything below $1,000 and perhaps a lot higher than that.

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2 years ago

Thanks boss, I knew that just cited them as an example of online business

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2 years ago

Exactly one can’t do two things at a time it’s either one do one of his or her priorities to forgo another one.

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2 years ago

That is why engaging crypto requires a person to be highly patient.

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2 years ago