I believe that if the creator of Bitcoin is alive or wherever he is, he is very furious with what is happening with Bitcoin Core (BTC) where in his master's vision it was supposed to be a peer-to-peer electronic currency cash system and nowadays it is a store of value. People completely ignored their wishes and made Bitcoin Core (BTC) a banal asset in which only a few can take part and the majority is forgotten, where even great leaders of multinationals claim that it (BTC) was given to the people to get rich😏 while in fact its conception was for the people to regain their freedom back.
Well, his freedom, when Satoshi created Bitcoin the world was going through turbulent situations and there was a great economic crisis, the idea of a decentralized currency gave the people the feeling of power of choice, since money has various forms as long it has the power to buy and sell with value preserved and the market has a positive demand, Bitcoin's intention was to give that power back to the people with Bitcoin as a decentralized digital currency that would serve as a peer-to-peer payment. As an example of this point-to-point payment we have the famous case of the purchase of Pizza for 10,000 BTC in which Bitcoin was used as currency and there was someone who was willing to accept Bitcoin in exchange for basic consumer goods.
This case may be trite but it has great significance in the history of Bitcoin as a peer-to-peer electronic cash payment and has been recorded as the first success story of the currency as money, but after a decade things have completely changed, and today the asset has become a RESERVE OF VALUE, which totally violates the principles established in the WHITEPAPER.
Bitcoin Cash is the real BITCOIN
Many people today prefer to be blind to what originated the creation of Bitcoin and completely ignore everything that Satoshi Nakamoto wanted at the time of its creation and, incredible as it may seem, the presence of traditional banks in the exchange with BTC has greatly increased, which , collapses completely with the aspirations of its creator. Satoshi wanted the currency to serve as a means of payment for things that are really useful in society using the currency, indispensable things for society to be able to live well even in times of crisis and that did not involve EXCHANGE WITH FIDUCIARY MONEY, just a direct exchange between the buyer and seller, the transaction is confirmed by several witnesses (miners around the world whose mission is to ensure that transactions are confirmed), as the Whitepaper says:
Bitcoin is a purely peer-to-peer version of electronic money in which the sending of interactive payments is made directly from one intervener to the other without the intervention of a financial institution, digital signatures provide part of the solution for not registering double earnings and it also guarantees users a trustworthy transaction. This solution is registered in a payment network, the blockchain, and miners who use proof-of-work receive compensation to guarantee its smooth functioning and authenticity making it practically impossible to violate_ this today reflects what BITCOIN CASH is😋
One thing that Satoshi always wanted was the involvement of everyone in this new world monetary order, which at first it was, but over time a minority took control of the network and sent it to another part, which constitutes the majority of users, the relegation to other cryptocurrencies thus leaving Bitcoin Core (BTC) under the dominance of a class to which Satoshi Nakamoto never wanted them to be part, the capital-bourgeois class. Many may claim that times have changed and universal monetary policy has changed, but those same people forget that what is written in WHITEPAPER stayed there and consequently should be obeyed, they deviated from the true purpose of its creation, BUT BITCOIN CASH kept this firm Nakamoto's wish.
Transaction fees
Many claim that these fees are unimportant for those who use Bitcoin Core (BTC) as it works as a store of value and is only used to save money (such as gold) and only in cases of profit withdrawal should it be exchanged, the which honestly is a joke, because transaction fees are important and a lot, because most of the world lives below 10 dollars and honestly if you pay that amount to move values from one wallet to another it doesn’t matter, then the world is full of millionaires. This contradicts the initial intentions of Nakamoto, who wanted the rates to be those that the BITCOIN CASH network currently charges, this is an indisputable fact, and can be seen on the Bitcoin.org website where the designs are exposed.
Another factor that brings us back to Bitcoin CASH in the view of Nakamoto was the use of Bitcoin as a currency of exchange, it is clear that I touched on the point above but did not develop it, Bitcoin CASH is in full swing with all the guidance that comes in WHITEPAPER and the its use, despite also being traded on exchange platforms, is of a peer-to-peer nature, where many traders accept the currency in their establishments directly without the involvement of fiduciary money. It is possible to live through Bitcoin CASH and taste the desires inspired by Nakamoto, BCH is inclusive where everyone is a part, Bitcoin CASH provides true FINANCIAL FREEDOM, man deserves to have the power of choice and only use what suits him .
Conclusion
The world is cruel and always tries to distort the truth, many in the crypto world know that the main fundamentals of Bitcoin Core (BTC) have been lost and the network has been hijacked by corporations and governments that hold the largest number of assets, and with this economic power has influence in the market, Satoshi gave the world something that no one would ever think of, financial freedom, but the man with his greed has distorted his true principles in WHITEPAPER. All was not lost as the true followers of Nakamoto can be seen in the Bitcoin CASH community.
BITCOIN CASH follows the true fundamental principles of Nakamoto, a true FINANCIAL FREEDOM where the simple ordinary citizen has the power to decide and can operate his own bank, he can even spend the BCH on things that really matter, pay a soda, buy one top up, buy a plane ticket, pay for accommodation, pay for an Uber and more in real time as transactions in addition to having low rates are also quick in confirmations.
BITCOIN CASH is the real Bitcoin, BTC has become impractical and serves only a bourgeois minority.
Hey man, Indeed, but the BTC crew will come and burst that bubble. I'm here to congratulate you as you've been hard at work posting constantly and making it to the top articles in the last 24 hours. I've been stumbling across your profile for several times now, so you must be doing something right! Keep up the good work!