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Here's Why I Save My Money Into BCH

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Written by   797
2 months ago

Let's do a practical experiment, save an amount of money in the bank and the other part in a Bitcoin Cash wallet. What would the return be?!

Well I say, that amount stored in the bank would gather dust and lose purchase value, the famous inflation will attack the fiat money and it cannot escape, causing the individual who deposited in the financial institution to lose money. While Bitcoin Cash does tell a new story, it will continue to gain value and never be hit by inflation.

This Bitcoin Cash property is what captivates me the most, and I can use it anywhere in the world without having to pay huge transaction fees. By the way, keeping money in the bank entails costs and nothing is free in these institutions. It doesn't matter even if the value saved is kept in a savings account and earns interest over time it will always be a risky investment bet.

I remember when I was salaried and every month I received a check for my salary, I was completely excited by the numbers I was seeing, but that excitement ended as soon as I intended to go to the market and buy something. Then I realized that all that bunch of zeros was worth nothing in the market and month after month it was no longer possible to acquire the basic goods to keep me and my family. What happened was that monthly inflation attacked money and it lost value.

If in that period of time I had invested in Bitcoin Cash for every salary amount earned as savings today I would have a good return, as Bitcoin Cash is anti-inflationary and with a limited supply of 21 million coins he will never have to worry with this bogeyman.

Betting more and more on Bitcoin Cash...

Bitcoin Cash is an immediate and futuristic bet, the world is moving towards digital and most of the world will adopt virtual payment methods. In times of crisis, for example, in times of pandemics, such as COVID-19, the digital medium is the most advisable. Bitcoin Cash is for me the best bet here, it is decentralized, practical and highly appreciated by merchants who accept it for their products making it indispensable in daily and long-term use.

Not only that, Bitcoin Cash is money that can be used at any time without interruptions 24 hours a day, using Bitcoin Cash no one loses money on financial transactions as they are cheap, efficient and very secure. Unlike the common payment method, no one can be expelled or banned for using Bitcoin Cash because it is decentralized and not subject to state issuance or interference.

Bitcoin Cash is truly a marvel of the twentieth century, a technological innovation never seen before, the marvel of the internet's mathematical field. With Bitcoin Cash borders do not exist and payments are made instantly and dynamically, paying little for it. Banks are obsolete and will soon move to the digital field completely because if they don't they will have big problems with their customers.

A final thought

One of the things I most appreciate about Bitcoin Cash is the ability to be able to store money in it in a completely decentralized way, without having to worry about the inflation problem. In the real world, inflation largely defines how we treat fiat money, which is important because a lot is made and bought using it.

Saving money in the bank is definitely not the best solution as it is already proven to be inflationary. Bitcoin Cash is a viable solution and a certainty of guaranteed future for those who have it, and the good thing is, whenever you need to use it, you can do it anytime.

Bitcoin Cash is the form of smart money the world needs, after all who doesn't want decentralized digital money that has nothing to do with the state issued on Blockchain (a world register of public transactions) and can buy a lot without switching to Fiat. Merchants in many parts of the planet accept and bet on currency as the future of Cash.

With Bitcoin Cash anyone can have their own bank and use money the way they wish to, no one tells you how to deal with your cash and everything is secure reliable and very free for inflation. It's a better choice to put money into it. So, makes more sense to use and invest more in the currency, paper money isn't anymore secure and can make people lose value on it due to inflation.

Choose Bitcoin Cash, use it and replace always when it's needed.

Find me on noise.cash

alberdioni8406

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Written by   797
2 months ago
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Comments

When covid start then BCH is the only cryptocurrency who give platefrom for earning and many students use this. Secondly your question why we save our money in BCh? Beacuse it's a cheap cryptocurrency and now a world going into digital currency and many countries accepted these cryptocurrency , BCH market value is high and research say after the bitcoin and eitherum BCH is second highest cryptocurrency

$ 0.00
2 months ago

Well in COVID-19 fascist society, bitcoin cash is best choice. we only need to push a little bit more with adoption

$ 0.00
2 months ago

Yes way! That's why now I'm considering not to bank transfer my BCH and to store it there.

$ 0.01
2 months ago

Wise decision, it's a good way to protect yourself from Inflation and also earn more storing BCH

$ 0.00
2 months ago

Your arguments about why it is smarter to save BCH rather than keep money in a bank is boosting my confidence, not only to follow your example, but to actively share the benefits and advantages of joining the BCH ecosystem.

$ 0.01
2 months ago

Infect crypto currency is the alternative saving way of bank and gold.. Old generation people still into gold and bank due to their less believe on crypto but we young generation totally hate bank due to It's system and the gold keep decrease on its value than every coin of crypto.. Well this can be bch or btc but we should be on crypto market always!

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2 months ago