Why Bitcoin Cash was created

Bitcoin Cash is Bitcoin in the first place, an upgraded version that allowed to process fast transactions with lower fees, has the same total number of coins, 21M, and it was built to return the trust between parties in an online transaction all based in cryptographic proof of work.

Back in times, the world of finances was a monopoly of traditional financial institutions where all commerce needed to involve a third part to execute all transactions online or even physically, merchants who were selling goods and services and buyers who wanted to acquire them needed a financial institution to be a middleman on those transactions, the system was mostly unfair to the involved parts, vendors could suffer easily frauds with bad intentioned buyers who could claim that acquired damaged products and the transaction reverse in the favour of the customer, this could happen to the both parties, leading the system to worth a lot more for them and the fees to execute it more expensive because the third part could interfere in the transaction to solve disputes.

Satoshi Nakamoto come with the idea and project to implement a peer-to-peer electronic cash payment, that could serve as tool to give back trust and transparency to both parties, with low fees and transactions confirmed in cryptography, where no interference by a third part could stop the business to happen, the negotiation could happen between them, one send and another receive after all settlement have been done to execute the transaction.

At that time, 2008/9 of course many people took that idea and project like an insanity and the man behind a mad man, who wanted to give back more freedom to people,allowing them to secure, pay for goods and services without a middleman interference, which at the time was practically impossible with financial entities dealing with all process to make those business happen. At that time companies such Paypal were considered the "king" of online transactions and could lead disputes between buyers and vendors.

The system brought to life by Satoshi meant to give all the involved parts a great solution to the financial authority and all the work would be stored in the Blockchain, cryptographic, and no one could change nothing on it.

The initial Satoshi project suffered mutations during the years and faced changes to be more accurately conform the ambitions of his creator, to make it better and fair, it forked to onboard fast transactions with lower fees to adequate on peer-to-peer electronic cash payment system and Bitcoin Cash emerged.

Years later the system is completely working and changed the way people deal with financial instruments, now it possible to send, receive, store value without need to involve any financial institution, giving the holder a complete freedom of money. Bitcoin Cash was meant to be peer-to-peer electronic cash payment and is actually what it is, the coin have lower fees, is secure and can execute transactions in a lightning speed total decentralized only relaying on the blockchain where all the information is stored and can't be changed ever.

Bitcoin Cash brought a better lifestyle to everyone who Hodl the currency, the inexistence of a middleman interference gave back what Satoshi wanted, a great way to empower the user, a way to maximize gains storing value, a better way to fight back the injustice in societies where the inequality of source of income is huge between the parts, a way to spread the benefits that come from store value and have a medium of exchange that actually work for the people. Using Bitcoin Cash, users just pay for goods and services without have to pay a fee related to a third part but just to confirm the transaction on the Blockchain.

Resuming, Bitcoin Cash was built to the people and to carry on the Satoshi Nakamoto dream, a better solution for the internet money.