Bitcoin Cash Can't Be Destroyed, Adopt It To Be Free

The beauty of Bitcoin Cash lies in its ability to be issued on blockchain, which, in addition to its natural qualities, such as low fees, speed of executing transactions and even being used in DeFi - SmartBCH, ensures that it cannot be destroyed.

For years, blockchain was developed by anonymous programmers and developers, ordinary people, who had a goal with the system, to create an ecosystem in which they did not depend on anyone (tertiary companies and the government itself) to issue a decentralized form of payment in which the modus operandi would provide the negotiating parties with the power of choice and decision, where payment would be irreversible, thus increasing more attention and zeal when carrying out transactions. The system was not created by big tech companies like Samsung, Apple, Microsoft or one of those big multinationals, but by people like you and me, people who wanted more financial freedom.

The system created a revolution in the world and opened the door to a new monetary revolution, allowing the decentralized economy to reach billions of dollars in such a short time, revolutionized the payment world by allowing individuals and companies to accept cryptocurrencies as a means of settling payments of peer-to-peer manner.

The development of blockchain technology, which at first did not appear as a threat to bourgeois governments, began to draw attention to this organization, which, seeing itself with its hands tied, tried and continued to try to interfere in the decentralized market, but as it has no way of interfering in a fully decentralized system they turned to a still cunning form of money by joining forces to create centralized money issued in blockchain dubbed central bank digital currencies with acronym CBDCs.

CBDCs

This new form of centralized money has been studied for a long time, with China being one of the pioneers in the matter, which has been studying and developing since 2014, and its objective is to trick citizens into thinking that it is a cryptocurrency, but for experts in the matter, they have long since realized that it is nothing less than a centralized form of money that not only increases control and monitoring but will not allow, for example, to send intercontinental payments without going through a bank authorization.

Using this payment system the government will process currencies like crypto-dollar, crypto-euro, crypto-yuan and so on and advertise that this money will empower people not to depend on anyone to make payments, but that is not This is true because as digital money is centralized, it still needs to be paid tax for it and that state interference as well as surveillance, control and monitoring will only stand firm. As much as it is made using blockchain technology, this money will never be open source and will suffer all the inconveniences of paper money.

The government sees cryptocurrencies as an opportunity or even a threat because they cannot control or even actively participate in the blockchain, which gives them monitoring and control power, and so they use the blockchain to issue and promote their centralized but it's up to people to realize that it's about desperation for power and authority because the crypto world is something out of their reach.

There is no way to destroy Bitcoin Cash or cryptocurrencies

As the world continues to evolve and people continue to accept payments for products or services, Bitcoin Cash will evolve. For a long time there was a need for a payment system that does not need external interference in order for it to happen and to be carried out in a decentralized way.

Bitcoin Cash can be used in the payment system in e-commerce, it can be used to send remittances, it can serve as a means of investment and in all that paying extremely low fees and transactions carried out quickly, securely and in a non-centralized way. One interesting thing is that Bitcoin Cash can be used by merchants who come to it as a safe bet to make sure their money works for them.

They will be the motivators for the currency to continue evolving in a decentralized payment system, it is not using the crypto-dollar, or crypto-euro that this will change, but the awareness that digital money excels in Bitcoin Cash, which is a currency that can be used anywhere in the world, at any time, and paying very little to do so.

Bitcoin Cash works and the world has to recognize this by adopting the currency to make payments, safeguard finances, protect funds and much more because only decentralized currencies really give ordinary people the power to choose and decide how to use their money.

Bitcoin Cash cannot be destroyed and smart people should know that.

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Disclaimer: a big thanks to the tweet from be.cashy that inspired this article.