It has been more than a month since I started my BCH journey, when #Club1BCH was created. The community had been always there inspiring everyone with it's core members' journey. They had published articles on how they had achieved their goals and on how they keep improving or updating these goals, challenging themselves to be much better. They had also published articles on how they spread BCH awareness in their own ways, by promoting BCH through customized shirts, cups, calendars, and cards, by distributing leaflets, by accepting BCH payments on their stores, by sharing it on their social media accounts, and a lot more. All these ideas are really great, and are indeed great ways on spreading BCH awareness in our community.
I, myself, however haven't thought about any unique way of spreading BCH awareness in our community. I have already shared my BCH journey though on Facebook the other day and I'm not sure if that was effective for me since there were only two of my friends who have inquired about it, and I haven't heard from them since then. However, just this afternoon, as I was cleaning our front yard, something came up, an idea that seems so impossible to achieve and that's the reason why I am writing this article since my idea is somewhat next to impossible,why not just share it with you so we can all imagine it together.LOL!
WHAT IF THE GOVERNMENT ADOPT BCH?
If we're going to think of it, if the government, the Philippine government, would use BCH as funds, there are a lot of benefits that would come from it. BCH has a lot of perks that other cryptocurrencies lack. Let me list down some of the reason why our government should use and invest in BCH.
Let's just take the LGUs as an example. Every LGUs has an emergency fund. If the LGUs would buy BCH using these emergency funds, and we all know that emergency funds are only used for emergencies, and BCH, though its value sometimes goes down, we all know that it always bounce back, the LGUs can gain profit from it once it pumps. It would become an additional fund for the said LGU. Meaning to say, more people could be helped in times of emergencies.
Another benefit would be when it comes to financial aids given by LGUs to its constituents. There are a lot of people who are asking for financial assistance from the government. So instead of using cash, all they just need to do is to send BCH directly to their wallet, which could also allow the receiver to gain profit from what was sent to them. It could be a faster transaction as well since usually, getting this financial aid from the government takes time to be approved, but since BCH is an always available fund, it would become easier to get the said approval. And since BCH has the fastest transaction with lowest transaction fee, receiving financial aid would never be a hassle anymore. And this scenario would then be the reason to require all government and non-government establishments to accept BCH as their mode of payment, like hospitals, schools, supermarkets, etc.
There are still a lot of benefits that we could get if we are going to use BCH. However, for every benefits, there are always a downside to it. And there are three aspects that could affect the success of using BCH as the main fund of our country. First would be poverty. If BCH is going to be used as the main fund, everyone is then would need a smartphone since everything would be processed electronically, which is very impossible to happen since not every Filipinos can afford to buy smartphones. If and only if, every Filipinos would be able to get their own smartphones, we are going to come up with the second one, which is poor internet connection. Philippines is known to be one of the countries which has poor internet connection, making it difficult to process any online transactions. And the third one, and the biggest problem that we are facing, CORRUPTION. We all know how corrupt some of the government officials are. There is a very big, fat chance that corrupt politicians will take advantage of this. Who would know how much profit the government is getting every time BCH pumps is if these corrupt politicians would not disclose it to the public.
If we're going to think about it, BCH has a great potential if it becomes part of the government system. The Filipinos would benefit a lot from this, if and only if this could happen which I think is quite impossible yet but who knows, these might be the solution that we are looking for.
How about you? What do you think about this? Could it be possible? Tell me your thoughts on the comments section below. I'll be more than happy to hear your thoughts as well 😉😉😉
