Don't be a slave Of your money, use Bitcoin Cash To be Free

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2 years ago

Bitcoin Cash is important not only as a decentralized currency that empowers and increases financial freedom, but also as a medium of exchange and storage of value that fights inflation.

The currency helps individuals make daily and conscientious payments at various merchants around the world but best of all it produces an efficient cash reserve that protects everyone who decides to use it. The currency is used all over the world in a peer-to-peer electronic cash system, has a special participation in parts of the planet where it is really needed, mainly third world countries, there are factors which help it to spread and have adherence to those people.

One of the main factors for its adoption is the inflation that plagues most countries and leaves people in extreme poverty because the money they have loses most of its value, doesn't allow them to buy much with it, causing social problems, unemployment , marginalization and much more.

Here, is where Bitcoin Cash has an importance for the human experience!

Importance of Bitcoin Cash

Today's modern man who uses modern payment methods depends heavily on payments in which he controls and monitors his money, valuing every penny that comes from it, to ensure that the future of his finances is better. So Bitcoin Cash has infinite importance allowing it to be adopted and have people embracing the currency either as a means of payment or to be insured for the long term investment.

Next, I will develop how important it is for man:

Bitcoin Cash protects money from outside interference.

Becoming own bank,

Everyone's pig bank😎

For those who have a bank account, already saw that nothing is free, the customer ends up paying much more than they should just for the simple fact of having an bank account. Everything in the bank must be paid, both for the commission of services provided, balance consultation etc where the bank charges a lot for it! Of course, the customer owns his money that is in the bank, but he does not always have permission to send it and cannot, for example, use it as he wants without raising a notice alert to the institution.

Banks monitor everything that happens and customer funds are somehow theirs as they can at any time bar access, prohibit movement, confiscate the value or even worse close the customer account. Without mentioning also that the bank has the obligation to inform the state whenever necessary about customer data, thus violating the customer's privacy without even having to inform him.

Therefore, they charge a lot for their services, at any time they can block access to the account and report to the state about customer data violating privacy, without mentioning that they monitor every movement that the account presents.

Now, using Bitcoin Cash this does not happen.

The individual can store their money in a decentralized way, not allowing banks or governments to snoop into personal accounts and not even prohibit them from having access to their money, thus avoiding the abuse they present. Using the Bitcoin Cash wallet, an individual can safely access their money anywhere in the world as long as they keep the twelve seed phrases that allow them to access the funds.

With Bitcoin Cash users are their own bank and do not need authorization from anyone to send, receive or even make international or local payments. The currency has no borders and the amount sent no matter how far, the transaction fee is always low, they can have access to funds 24 hours a day, 365 days a year and its use or handling charge almost nothing and when it's for moves charges a few cents on the dollar, a real bargain.

Protecting people from inflation

Another factor that makes Bitcoin Cash important is that it protects people from inflation. Imagine that paper money kept in the bank gathering dust when withdrawn to buy goods and pay for services due to inflation it loses value and can no longer afford much.

Using Fiat that can be issued thousands of times in an attempt to solve problems in the market but, only causes inflation, the money is a lot but it has no purchase value! While Bitcoin Cash fights inflation by allowing money held in a cryptographic wallet to gain more weight over time, and can purchase more goods and pay for services without difficulty.

The equation is simple, while paper money loses value due to inflation, that is, there is a lot of money in the hands of the citizen, but it does not serve much because the economy is weak and production cannot meet basic needs, with Bitcoin Cash changes this because it is a good way to reserve money and also an effective means of payment in the fight against inflation.

The Currency is scarce with its twenty one million coins it is anti-inflation which means that over time it appreciates.

No borders

Bitcoin Cash can be used everywhere, with no borders and to pay for things that matter in life

Source Image from Unsplash

Using Bitcoin Cash to send money to the world is very simple as it has no borders and its fast delivery is effective, it charges little and the beneficiary can use the money right away without having to wait days as is done in the traditional centralized systems.

Those days when you had to wait days to have the value sent abroad are over when you use Bitcoin Cash in a peer-to-peer way. There is no more efficient way than sending money efficiently and securely when the individual can do so instantly.

Remittance companies charge a lot of money to send money, almost splitting the money with the customer, but with Bitcoin Cash mere cents are paid to have the transaction confirmed on the network on a fast and clutter-free blockchain.

The best cryptocurrency that works for people

Bitcoin Cash works for the desires that society craves, as a payment method or even an efficient money reserve. Nobody likes to pay a lot to send or even move money around, so Bitcoin Cash with its fundamentals is at a level for what are aspirations of the humanity.

A payment system that works anytime anywhere in the world with almost zero fees.

While most traditional means of payment just want to take advantage of other people's money and 'get fat' with it, people can use Bitcoin Cash to safeguard their decentralized personal finances with great security, being able to access it anywhere in the world. terrestrial.

Merchants are increasingly confident to accept Bitcoin Cash for payments and for the services it provides where it is used daily and this increases the level of adoption and more people embracing the currency. Bitcoin Cash can be used for real life use and that is what sets it apart from the vast majority out there in the crypto world.

Summary,

Bitcoin Cash is important, as we can see in the article, serving as a means of payment and as a short, medium or long-term investment. Not only that, it protects the money against inflation.

The user can send money without needing a tertiary party or even authorization to do so, bypassing banks that create a dependency system which charges excessive commissions to the common citizen, but using currency this could change in a positive way, for people to adopt and use on a daily basis.

Banks cannot ban, much less prevent access to funds for those who use Bitcoin Cash.

And finally, note that Bitcoin Cash has no borders and can be used anywhere in the world without having to pay a lot for transactions, Bitcoin Cash is the digital Cash of the future and whoever has the most will be financially successful in the future,

Best of all, adoption is increasing worldwide!

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2 years ago

Comments

We need to continue investing ad earn money. I am glad I discovered BCH. I am so happy.

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2 years ago

Since I discovered Bitcoin Cash, I feel more secure. It makes me feel free.

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2 years ago

That's cool😎 make sure to keep bagging more of it!

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2 years ago

it is no question that Bitcoin has become a powerful financial tool albeit instability compared to other currency. But, not every country or government accepts it use for transaction and that is a limitation that gives the fiat currency and advantage over it. So, it would be difficult to put away the fiat currency in place of BCH

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2 years ago

BCH can be used all over the world as long the merchant or service accept it, government can't ban it they can regulate if they want. People should be the ones to choose using it and doing that are giving value to the currency

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2 years ago

Imaging holding on to the big player because they are the one that decides ones fate, a controlled and centralized project, having fear that one might get rug pulled or take over over ones investment, Bitcoin Cash came to stop all that and set us free

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2 years ago

Exactly BCH gives peace of mind to all holders as can be blocked or restricted also is a global currency

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2 years ago