(3) utilities Offered by Bitcoin Cash to spend better money
Crypto has to be useful and make people able to spend their money in the best possible way and, in such a completely decentralized system, increasing adoption, quality of life and guarantee a new economy entirely based on people to people (peer-to-peer economy).
People have always had a hard time handling money the way they want to, largely because they always need an intermediary party to ensure that the transaction process is successful. Bitcoin Cash allows this middleman to be completely bypassed and ensures that cryptography plays an important role at the time of transactions.
It increases the ability of free and direct payments allowing transactions on the internet to be made in the blink of an eye and all using blockchain.
Next, I will highlight and verify some utilities that allow Bitcoin Cash to offer the individual a better way to spend money:
Payments for goods and services
With the increase in online and offline commerce, merchants are looking for better means of payment for their products as well as corporations are looking to offer means of payment for the services they provide without having to rely on traditional payments. Bank cards are often instruments that harm merchants' earnings as they charge commissions for their use.
So, these business people have great advantages in using Bitcoin Cash as it allows the payment to be direct, fast and anonymous , giving the receiver a sense of ownership, allowing merchants to store more and more coins and be able to use them directly whenever who so wish.
The customer also uses this system to make payments without having to carry paper money (Fiat) increasing security as well as possible robberies as they only need a mobile instrument to make payments.
Thus, both the merchant and the paying customer make transactions both online and offline securely, quickly, paying reduced fees and in a completely decentralized system.
Sending money remittances
Since the world moves money and has workers who move far from the areas of origin, there has always been a need to send money to the families that depend on them. It is in this context that Bitcoin Cash is quite important.
Companies working in this line of business have long charged exorbitant fees to send and move money from their customers. It is often common to see these companies practically sharing the customer's money, harming the final part of the payment in the process.
The part that receives, in addition to having the reduced amount, often has to wait at least 3 days, that is 72 hours, for the amount to reach its destination. This delay impairs that urgent payments are pending and there is no way for the worker to be calm because even having sent the money with the provider, he has to verify with the company if the amount has reached the desired destination.
This disturbance is constant when using these companies, it does not give a peace of mind and also ensure that the recipient has the money to use in permanent needs.
With Bitcoin Cash this does not happen!
When using Bitcoin Cash for remittances of money, the worker only needs that the receiver in the destination zone has a wallet with a BCH address available, a form of conversion and can immediately send the money and instantly be used for urgent bill payments, construction of the house or even pay for water or electricity.
This possibility of instant payments using Bitcoin Cash is a powerful weapon for use in remittances of value as the worker feels that active participation in the daily life of loved ones is just a distance of a cellphone keypad away and can provide help to loved ones whenever possible.
Use in the hotel, aviation and transport industry
The hotel industry, aviation and transport are constantly growing and expanding, also increasing the form of payments for the services they offer and in recent times has been betting more on useful cryptocurrencies such as Bitcoin Cash as a means of payment.
Hotels around the world allow customers to pay for their stay using Bitcoin Cash as well as airlines that allow customers to purchase tickets using the currency. For example, these two industries together are the most in demand in the tourism field and the possibility of using Bitcoin Cash further increases the adoption around the world.
Transport such as taxis, for example, has been gaining a lot of customers who like to pay without much headache. Young people today often walk around without a wallet in their pocket but always with a cell phone, which increases the ability to use Bitcoin Cash in circulating media as soon as transport allows it.
Bitcoin Cash's usefulness is endless because, first and foremost, Bitcoin Cash is money, and as such it is very useful.
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A great part of BCH is absolutely using it in everyday life!