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Bitcoin Cash has what it takes to become a global currency

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Written by   824
2 months ago

What people really want is a currency that works to meet their needs and give them the freedom to be able to use their money practically, quickly and favorably. In an increasingly electronic globalized world, where payments for goods and services is on the rise, currencies that work both domestically and internationally will be highly in demand.

This 'adoption' will not be by chance, since the world is increasingly 'isolated' so to speak, mainly because of new calamities, such as the pandemic that devastates the entire planet, forcing people to change their habits and customs. Payment methods have a remarkable demand these days and also the demand for economic freedom has grown a lot in recent times.

...[people want their freedom to exercise their right to choose where to put their money where it works for them!]..

A demand that will only keep increasing

The use of digital payment methods will increase in the coming times, causing paper money to gradually take a back seat, the world will be adopting more and more modern methods of transacting in the market. Governments will impose their 'centralized digital currencies' on the market (where processes for their design are at an advanced stage of development in several countries around the world) leading companies, governments to create platforms that facilitate the assimilation process of the new technologies that will be directly linked to a creation of digital centralized money.

But, this process will remain centralized, highly controlled and with 24-hour transaction monitoring. Control and monitoring will be intense as one of the reasons for the creation of centralized digital money will be to prevent citizens from being completely free and also many governments will use this creation as an 'excuse' and monitor suspicious transactions in order to know which accounts support terrorist groups that nowadays, after pandemic diseases, are the second danger for sovereign states.

It will be digital but not decentralized

The new trend of world governments in 'running' to create a digital centralized currency based on Blockchain, has nothing to do with the well-being of citizens but with themselves. The creation of an official digital currency of the state will allow the government to save a lot in manufacturing costs and also greatly increase its level of control over its citizens.

While paper money is controlled it's still much freer than digital centralized currency. Many still don't realize the danger of digital centralized currency, as they are still confident that governments do everything for their benefit. Wrong, with digital centralized currency the entire transaction will be monitored, the control absurd because every citizen who will be using the will have 'exclusive' fingerprint on the network.

The money that is being considered to leave the market in a few 'years', still 10 times better than digital money in terms of freedom when it comes for transaction. The paper money only has control when entering the bank, buy things etc to verify its authenticity and when leaving the Bank branch to know where it went, the digital money will be monitored 24 hours a day.

This is where using Bitcoin Cash will make all the difference

Bitcoin Cash is a decentralized currency, it does not depend on any government to be issued, it is safe, transparent, fast transactions and the best thing, to use the user only needs cents of a dollar to run on the network.

Being a currency with cheap transactions feesincreases the interest of the public in its acquisition, as it tends to look for viable means that help both to save and also to store or invest without having to worry about paying big fees in the process. Bitcoin Cash gives this possibility and the user becomes his own bank and can use his money at any time.

Bitcoin Cash has no Chief executive officer and anyone can have access to it and be able to transact using the blockchain. It is a transparent network and all transactions are publicly accessible, the data is immutable and can never be altered proving it is reliable.

While state digital money can only be used in the territory belonging to the nation, Bitcoin Cash is international and can be used wherever anyone is willing to accept the currency as a form of payment. It's a currency that does not depend of the state and has no borders, can be used in any part of the universe in a practical and quick way.

People working outside can send money to their families if they want to, almost every day, as they don't spend much on transactions and thus reduce the distance between them using Bitcoin Cash, previously to send money in the form of remittances took days and up to weeks, today that's done in a few seconds where the beneficiary can immediately use the money.

One last thought

Bitcoin Cash has what it takes to be a decentralized global currency, the fundamentals are already laid, its adoption is in the process of assimilation and many are beginning to see its importance as a means of payment or a store of value in the long term. Bitcoin Cash works for what the longings of the world & is what people seek to have their freedom of decision back, they want to choose something good for them, where they can decide what to do with their own money without anyone poking their noses and with Bitcoin Cash that is possible.

Not only freedom but also for those who are concerned about privacy Bitcoin Cash allows this with the use of cashfusion where transactions are only visible to the ones involved.

People are wrong to think that centralized digital money will be an asset, it will not be and honestly it will be one of the worst phases of intrusion on the freedom and privacy of many, this kind of payment will have direct access to the users account, transaction, transactions history and everything that they need to know about the person they enquire.

Using Bitcoin Cash, this can be easily bypassed and return freedom and privacy to citizens, which are a right guaranteed as a basis for human coexistence.

Use Bitcoin Cash and be free!

Small note:

A big shout to the biggest marketplace for selling your skills and earn BCH to the founder @CryptoMax if you didn't joined it's time to join to Bitworkerss .

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Follow updates about the building on noise.cash to see the photos😉

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alberdioni8406

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Written by   824
2 months ago
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Comments

A great and well written article. There is no doubt that governments and central banks are watching the crypto space very carefully. They will create their own centralised versions and make it sound like it is something which will benefit their citizens. The reaility is though that it will give them much more power monitor the people and erode our privicy more and more. Bitcoin cash as you say gives us the freedom to trade outside the constraints of the system, fast, cheap, cross border transactions and true financial sovereignty!

$ 0.00
2 months ago

Awesome information you have point out friend. But I am pretty sure, People who know well about crypto never go on Central currency. In fact, there will be only less number of citizen who will go for central currency but as soon as they will understand it's effects then they will leave it too and come back to crypto. This means crypto is our future!

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2 months ago

My friend, it is a pleasure to read your articles. Reinforcing the idea of why we need Bitcoin Cash, to be free is a constant in your writing, be it denoted or connoted.

I hope to see your housing project made a reality soon.

$ 0.00
2 months ago

Thanks my friend for always passing by 🙏, my house project with return soon✊just collecting more cash for it!

$ 0.00
2 months ago

Thanks my friend for always passing by 🙏, my house project with return soon✊just collecting more cash for it!

You're welcome, my friend. Keep up the good work.

$ 0.00
2 months ago

The currency that has cheap transaction fees, yes it's BCH.

$ 0.00
2 months ago

Of course it's BCH and it's coming😎

$ 0.00
2 months ago

I can really attest to that part when you said we are out own bank. I just converted my BCH into fiat today and I the transaction fee is not that high as the banks. We can also hold our money for as long as we want.

$ 0.01
2 months ago

That's the feature of Bitcoin Cash that is more enticing :lower fees!

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2 months ago

Yeah, absolutely love it

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2 months ago

Take care and have a wonderful Monday 😎

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2 months ago

Likewise! ☺️

$ 0.00
2 months ago