Two thousand and nine was the year the first decentralized currency was released, with concepts to become a digital peer-to-peer electronic cash, unfortunately the project didn't showed capacities to become that and soon turn in more with a concept of digital gold. The problem of Bitcoin (which is the coin in allusion), is that the more it get market valorization also the fees increase and become practically inviable to use it as digital cash. It's nearly impossible to pay for goods and bills without have to pay exorbitant fees on the way.
The concept to use Bitcoin as digital cash clearly failed and gave place to born a new currency in two thousand and seventeen, which actually is a peer-to-peer electronic cash payment, a coin which can be used to transact online and pay few cents on transaction fees. The new coin Bitcoin Cash, is what the original plans of Satoshi Nakamoto was intended to be!
Let's imagine in a world of cryptos where each network is building their assets to supply users with the best forms to make them save money and don't be compared with traditional banks, but in the end this same Blockchain fail to deliver that with few like Bitcoin Cash continuing to show marvelous features with near zero in transaction fees, fast confirmations and marvelous coin to Hold with astonishing profits to come.
Bitcoin fees are practically impossible to handle with, in certain parts of the world such Africa those fees can easily become a salary paying more than $17 to transact a $2 payment, Ether also have problems in this sector where users pay more than $2,5 in fees to execute a $7 transaction.
Bitcoin Cash just cover all transaction to execute with just cents of the dollar, more viable to pay and use it as digital cash neither to pay for goods, bills, send remittance and Hodl it. The coin have also a great features in their Blockchain, where can be issued more tokens SLP, stablecoins USDT (tether) and USDH, with developers building more projects in decentralized finances and much more.
It's a great coin to have it on Portfolio and still accessible, with many people to afford it, the ROI coming to invest in the coin can be very satisfactory in years to come, Bitcoin Cash viability to become one of the largest assets in the market is big and can be proven with the developments happening in the market on the three years of action. If we missed the Bitcoin in early stages it's time to bet in Bitcoin Cash and benefit from it or sleep and lose the train twice.
Bear in mind that Bitcoin Cash is the original Satoshi plan!
I particularly invest on Bitcoin Cash everytime I have some available funds, I believe that the coin have anything to become the next "big thing" in crypto and after all those whales in the market bought enough Bitcoin to Hodl they will look for Bitcoin Cash and here's where the things will start warming up. Still time to hodl more of Bitcoin cash and benefit from this holdings in the 5-10 years to come.
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Have a great weekend 🍻.
Bitcoin Cash is not yet technically ready to function as a digital currency for the whole world. It does not scale sufficiently yet. At the moment the usage is still very low, so there are no problems. If Bitcoin Cash had the same usage as BTC or even ETH, it would suffice, but it is probably not ready for millions of users. ETH is also taking good steps towards scalability. BTC is not prepared for mass use at all.