Some opinions that I have about some old topics.

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Avatar for francis105d1
2 years ago

Coinbase has dropped in price, and they are about to sell even more shares, about 1.25 Billion dollars, depending on market conditions. In other words, they want to sell if they find enough buyers. Why would you buy that if you are already in the crypto world? It is not like Coinbase is the only exchange out there, and it is not like you don't have anything better to do with your money. For God's sake, they are only exchanging for cryptocurrencies. If nothing more, they are just a money grab, and decentralized exchanges will do even better things than centralized exchanges.

DeFi is here on Bitcoin Cash, which means you will be able to stake your BCH and gain interest from the market. You will be able to hold stable coins with DeFi smart contracts and earn interest. Once again, you don't need centralized exchanges for that. You only need them to convert into USD to your bank account, it is not like Coinbase is doing something innovative, so I would say their shares are just another money grab. You will be better off just buying any altcoin, in my opinion, than that share. Either way, I will drop the link at the end of this article.

Now I will change to Elon Musk. As serious as you can get about Dogecoin about a meme coin, he is serious about Dogecoin. He says that Dogecoin will be much faster and cheaper than Bitcoin and that it will be environmentally friendly and that if it can't make Dogecoin work, he will create his altcoin. Well, good for him. I guess Elon wants to reinvent the wheel at this point.

I don't know the result for Dogecoin or his future altcoin. I guess I will have to wait and see, but I think he doesn't know about Bitcoin Cash after all, and he doesn't realize that the people in the crypto world are already taking measures to combat whatever other lies he has started selling. When it comes to his probable new coin, in my opinion, it will be something to see, but I will be firm in my position that if you have a Bitcoin that works, you don't need many altcoins, and that will also apply to Elon Musk's possible new altcoin. Not to mention that he probably is just taking advantage of the crypto world for his gain because it seems that if Twitter is proof of his dealing, we can say that he is probably only words. I would like to see if he can create something new or reinvent the wheel at this point.

Many altcoins have already tried to fix Bitcoin. Still, only Bitcoin Cash has a chance at it because it conserves much of the DNA of Bitcoin. The only difference is that it has more giant blocks, which make the transaction much cheaper, and also, the team behind Bitcoin Cash keeps working on making BCH the best peer-to-peer currency out there.

Mark Cuban and probably the whole crypto world know that using cryptocurrencies for payments will help the environment if you count into the equation that fiat currencies from central banks are responsible for so much damage to the planet with the wars that the dollar is involved. Remember, if we remove the ability for governments to wage war, it is a big win for the world. Governments print wars; otherwise, they would have to ask their citizens to pay for it. Citizens will prefer a peaceful way out than to go to war. So governments skip their citizens' opinions by just printing the money necessary to fund the war efforts time and time again in history. That is the fact.

In the case of Mark Cuban, he says that if we replace gold as a store of value, we wouldn't have to contaminate the planet with coal mining operations and even wars for the yellow metal. I would agree with him, and gold will be used only for its industrial capacity and not speculate on the market, that in my opinion, too will be a win for the environment. Elon Musk can't see that because he is too concentrated on attacking Bitcoin miners, which are just customers of the electric company or utility company. The people who produce the electricity should fix that problem, not the consumers, and miners are miners' consumers too.

And there you have it, that has been some news, the crypto world is ever-changing, and Bitcoin Cash is also changing right now. We are waiting for many updates that will come in the future, one of those is smartBCH, and I do think that staking your BCH will be a huge deal, not without its risk, so don't go head first on smartBCH. Wait for a little and let people test the new tools because this time, there will not be a network rollback to save from losses like with Eth. Bitcoin Cash is the future of currency, and you don't need any other altcoin once you realize that Bitcoin BCH is the real deal.

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Though bch price now was in the deep, I prefer to hold my small amount of it until the time that will boom again to the moon.

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