My friends are tired of high fees as well as me already. The other day, I called one of my friends who I know holds some crypto to ask him how he was doing. Still, the call when into something else, something that I was not expecting at all, but it gave me a great chance to talk about Bitcoin Cash and also to seed others with the name Bitcoin Cash, and they have their ears open because they have suffered high transaction fees and they are not happy.
I was trying to call one of my friends, but at the end of the day, I had a conference call because his friends were with him too, and they wanted to know something peculiar, the cost of transaction fees. They had already invested in the Shiba Inu token, and they bought it using UniSwap decentralized exchange, which brought the next question. Why are transaction fees so high? I told them that ETH has that problem and they have been trying to fix it since years ago and that until today they are just going in circles. And that's when my start came to shine, and this is real. I am not typing this to get some tips, I am typing it because I believe the Bitcoin Cash community deserves to know this, and anyone holding BCH today should know that they have a great asset that will soon prosper beyond their wildest dreams, well back to the story in my next paragraph. At this point, once they complained about ETH's high transaction fees, I introduced myself. I told them that I was the friend who was telling all of my friends to purchase Bitcoin BTC in 2015 and before that time and that my friends didn't listen to me at that time, but when 2017 came. They saw the price of BTC hit closer to $20,000.00. They were like chickens without heads running around. And their response was priceless. Yes, we know them, and they have talked about you, but we never had an interaction with you before, and the next question has no price. It is just magnificent, and it is something that I was waiting for them to ask me. So back to the story, they told me they knew about me, so the question they asked me was, what do you recommend buying today? The question itself is nothing new, and you can find it almost everywhere when it comes to investing. The difference is that they know that Bitcoin BTC is too expensive for them and know those transaction fees are too costly. They don't like ETH because of the same reason either, and at this point, they don't want to hear why both are too expensive. They want a solution to invest their money with some confidence level because they don't want to deal with the same problem in the future. So I told them that I hold Bitcoin Cash just a little bit and that I recommend buying Bitcoin Cash and only Bitcoin Cash at this moment. I told them the reason, which is that Bitcoin Cash has cheap transactions and is working to become programmable money just like Ethereum but without the fees. I had enough time even to tell them that Vitalik wanted to code in Bitcoin in the first place and that he left because the small blockers didn't want all of that utility in Bitcoin. And I told them that because Bitcoin Cash has small fees is Bitcoin and that it will take even over Ethereum, not to mention that BCH has the same properties as Bitcoin, the only difference being that Bitcoin BCH works while ETH and BTC don't. And they agreed not because they understood the theory behind it but because they understood that high transaction fees are an issue and will be an issue even more in the future. And one of them even told me that he would look to talk in the future, so even if they don't buy Bitcoin Cash today, the name is already in their heads. Every time they pay a high fee, they will remember there is a solution for both BTC and ETH high fees issues, not to mention that BCH is working on being programmable money and the introducing SmartBCH. And I even got enough time to tell them that there is an alternative to UniSwap already in BCH. And as you can see, mouth to mouth works even better when the users themselves realize that high transaction fees are an issue for them and their pockets. No amount of censorship will stop them from looking for alternatives, so tell the truth to your friends and tell them to hold some BCH for the future, and if you already have BCH try not to spend it all and save some for the future as well. The world is waking up to Bitcoin Cash because it works. I told them nothing is financial advice and that they should observe the assets they already hold and compare them to Bitcoin Cash so that in the future, they have a comparison to make because, after all, I don't know the future. I don't know if ETH 2.0 will be a success or not when it comes to price, so they should have an open mind when it comes to BCH and only buy if they see that their assets are not doing well against BCH or if they feel stagnation in their assets compare to BCH performance as well. But the great thing is that they know they know that Bitcoin Cash works and has low transaction fees. And that because of that, it will take over other altcoins and that it just a chance to be number one as well. The best way to refer a friend is by always speaking the truth and telling your honest opinions, and I do the same when it comes to Bitcoin Cash. I also warn my friends of the risks, and I always tell them that they must learn and observe first and buy later. And I would also add that you don't need to be 100% invested in a single coin you can always diversify or look into other alternatives, now you have sidechains, layer one solutions, and even tokens.
4 comments
Good job Man, you left a nice bug in their mind which will remind them of BCH, whenever they do some Crypto related transactions and will eventually be attracted to try it.
How nice of you bro for really telling your friends about bitcoin cash. Well, bch really deserved recognition for its low gas fee. That's why we love it
Because PoS requires less CPU and GPU power since the requirement there is the number of coins a wallet holds and so transactions can be made much faster and easier. Or something like that. You will need to research more on your own because that is how I understand PoS.
There's a thing I still don't know or understand, the migration of ETH from PoW or PoS, will it affect the transactions fee? I can't find article about it