Banking with the Bitcoin That Works: Bitcoin Cash (BCH).

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5 months ago

Let me start by saying that trading in the past was not an option. Although Bitcoin Cash (BCH) has dropped 99% since 2017, this doesn't mean the trend will continue. Bitcoin Cash developers have been actively improving BCH, while Bitcoin (BTC) has stagnated, failing to upgrade its capabilities. For instance, Ordinals have faced resistance, and second-layer solutions like the Lightning Network are plagued with issues, such as buggy software and the need to be online 24/7. Any power interruptions can cause channels to fail, leading to the high fees users were trying to avoid.

Bitcoin Cash (BCH) adheres to the original vision of scaling Bitcoin on-chain to serve as money for the entire world, including those who earn just $2 a day. It aims to enable global participation and provide financial freedom and autonomy without relying on custodians or third parties.

Very soon, the Bitcoin Cash (BCH) DeFi ecosystem will introduce CashTokens, thanks to the efforts of CauldronSwap developers. This will include mUSD, a decentralized stablecoin that allows you to take out loans against your Bitcoin Cash. Additionally, you can use BCHBulls to short, long, or stabilize your current value. To participate, you will need to hold some Bitcoin Cash—at least 0.1 BCH, if not more—to be prepared for when Bitcoin Cash regains its prominence.

If you manage to buy 0.1 BCH, you will gain financial freedom and be able to enjoy DeFi directly from your private keys, without needing permission or paying high fees. This is possible because BCH has a dynamic blockchain size that scales with usage and utility. Currently, a 128MB blockchain can be maintained with retail computer hardware and a regular home internet connection, and it will be sufficient for at least 10 years. In the future, block sizes might reach 1GB, ensuring that decentralization remains uncompromised.

Once mUSD is open to the market, you will be able to borrow against your Bitcoin Cash. For example, if you hold 0.1 BCH, which is approximately a $50 initial investment at the current price, you could borrow 5% in mUSD, resulting in $5 mUSD. You can then exchange the USD 5 back into BCH and use BCHBulls to stabilize that value and earn a yield. BCHBulls can provide between 3% to 20% interest to those who stabilize their BCH value in USD.

By exchanging your $5 mUSD into BCH and stabilizing it through BCHBulls, you can earn between 1% to 20% in yield. This means your 0.1 BCH can unlock $5 in value today and potentially earn you between $0.1 to $1 in the next 30 to 90 days, all with minimal risk and minimal fees. The transaction fees for these processes will only amount to $0.01 for all transactions. The ability to earn a yield with as little as $5 demonstrates that Bitcoin Cash is the version of Bitcoin that works for everyone, regardless of financial status. This inclusivity makes BCH accessible and beneficial for the wealthy and those with limited resources.

Those with more money and higher risk tolerance can engage in market predictions by using their BCH or Furu tokens to bet on markets such as ETH, BCH, and BTC. Additionally, more assets will be added, providing even more opportunities for market speculation and potential profit.

People using DeFi on Bitcoin Cash will drive adoption and usage, ultimately dispelling the myth that blockchain and Bitcoin can't scale on-chain. This will expose the inaccuracies of Bitcoin Core (BTC) narratives and propaganda. By then, I hope you will have recognized the advantages of Bitcoin Cash, the version of Bitcoin that operates without custodians and scales according to on-chain demand.

Moria mUSD announcement.
https://x.com/CauldronSwap/status/1747048733366239594?t=rGKtjPi4bUSdpUYEMRLUrQ&s=19

https://docs.riftenlabs.com/

BCHBull
https://bchbull.com/

BCH Furus
https://beta.bch.guru/#/

BCH gurus https://nfts.bch.guru

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