You can have a property that can't be seized and an asset that you can use.

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Avatar for francis105d1
2 years ago

A property that can't be seized, an asset that can be a currency that is the ultimate store of value. As long as you correctly acquire your Bitcoin Cash and do your homework to understand what Bitcoin BCH is, you will realize the whole idea of my title in this article.

Property that can't be seized.

Governments around the world are seizing properties in their territories. It is not necessarily the same everywhere, but it almost has the same result, and someone will lose their property because of government intervention. Bitcoin BCH can't be taken as long as you hold your private keys in a secure place and as long as you acquire your coins in a safe place as well. Exchanges are giving your data to your local government, so in the future, your government will seize your cash in the form of taxes because you didn't do your homework and bought your coins the right way. You can buy Bitcoin BTC on exchanges, but you must use a non-KYC conversation to buy your BCH so that the government doesn't know you hold BCH or, even better, use p2p exchanges.

Real State is seen as the ultimate store of value, but if you watch the latest news from Israel, you will notice that the government is taking someone else's property to give it to someone else; you don't want that to happen to you, right? So if you have Real state properties and you are not getting any money from them, sell it and buy BCH in a decentralized way; in the future, BCH will be seen as the ultimate property because once hyperinflation sets in, the government will tax those that own Real State until your home goes back into the banks because you couldn't pay your property taxes.

Suppose you have your riches in Bitcoin Cash. In that case, you will know that if you bought your satoshis or earn your satoshis the right way without the need for centralized services, you will be free to take advantage of the new economy, governments will print fiat to the end, and so in the future commerce will be done with a peer to peer currency that works as such, because no one will be willing to pay 80% taxes in all their economic activities. Yeap, some rumors are going around already that someone else in a place you don't know for a person you don't know, but that will affect your everyday life, that person and his or hers sponsors want to tax you 80% of your cryptos, first, it will be only cryptos, but as governments go crazy with the money printing every activity in the economy will be tax at that rate eventually once you count the hidden tax that inflation is.

The only way to protect yourself from unfair taxes is if you bought your assets in a peer-to-peer forum. Otherwise, your exchange house will sell you out to your local government, and you will have to either comply or flee that territory. I have no problem paying taxes, fair taxes, that is. Every government that has printed its currency to oblivion has implemented higher taxes on those who produce goods and services. They all leave because businesses can't thrive when thieves control the market.

And assets that can be used.

Not only is Bitcoin BCH the best property because it can protect you from hyperinflation and unfair taxation, but it is also an asset that can be used. Unlike Real State and many precious metals, Bitcoin BCH is an asset that you can take with your wherever you go. As such, it is an asset because you can take it from one place and pop it up in another, and your purchasing value follows you wherever you go. In the future, governments will target that which has value and can't be moved that easily, so precious metals could be confiscated, and Real state property taxes can be increased to the point your government takes your land. At this point, BCH becomes an asset because you can move your location where the government is seizing your private property using taxes as a weapon to another place where that government has a strong economy and uses crypto payments as legal debt settlements tools.

BCH is the currency with the ultimate store of value.

You will be able to use Bitcoin Cash very cheaply in terms of the cost of transactions today, and in the future, too, Bitcoin Cash developers are working and will continue to work to make BCH a functional peer-to-peer currency. Bitcoin BCH will protect you against direct seizure or confiscation and unfair taxation as long as you acquire your satoshis in the right way. Still, it will also be the asset that can be used as property and as a currency simultaneously, and for a meager cost, so the three aspects reinforce each other until it becomes the ultimate store of value.

Bitcoin Cash will make possible the freedom of humankind from the fiat currency elites; the transition won't be easy, but once the ultimate goal is reached, prices will be set in satoshi terms, and as such, wages and salaries will balance themselves out against goods and services, which means prices at your local store will be stable, and won't change every five minutes, but for that many years must pass first.

Bitcoin Cash will be the currency used because it works as the white paper describes and because governments can't inflate it away. It has a total supply cap or limit of only 21 million coins, and the result will be another gold standard. Still, this time government currencies will have to peg their money to the Bitcoin BCH standard, and that's when the store of value will be achieved.

Store of value in not because you are hoarding to sell tomorrow at a higher price that's speculation, store of value is because people realize they can use an asset today and tomorrow and a few years later and that asset won't lose its fundamental values, in other words, Bitcoin Cash will be the ultimate store of value because users will know they can use it today as well as tomorrow and with a meager fee. And the costs will be low today as well as tomorrow too. To be the ultimate store of value, you are always first currency and keep on being currency first even if store of value adoption reaches 100%.

The version of a store of value of Bitcoin BTC is nothing more than speculation because they will not be that tomorrow. Tomorrow they will say they are the ultimate store of custodian services private ledgers stored in third-party servers and not the blockchain. Bitcoin BCH is the original Bitcoin because I am not wrong that Satoshi wrote: Bitcoin is a peer-to-peer currency. I don't remember him saying Bitcoin is a store of value system.

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2 years ago

Comments

Now if anyone asks me Why BCH over other currencies, I will send them this post. I personally prefer it the best due to less transaction fees .

$ 0.01
2 years ago

Thank you for your support but I would say try to write so that you can send your friends to read your content as well

$ 0.00
2 years ago

I have seen that most of the exchangers have to do KYC. So does this mean that the government can take any action against us and take away our crypto?

$ 0.01
2 years ago

Yeap, if you government wants it they can get your data from exchanges and know exactly what you have been doing with your own money, look at Canada it is just a matter of time before all countries go into that state

$ 0.00
2 years ago

For me acknowledging is the biggest asset for anyone and when you are knowledgeable, you can have your properties too.

$ 0.01
2 years ago

It is both that is the short message; property and currency.

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2 years ago