To understand how the world can become a global payment system, we must also understand how the world market crashed in 2009.The time when the global market crashed in 2009 Then all the countries of the world were fighting for their survival For five years the world fought a war of survival Then laid the foundation of this digital currency Which was created by default in the current system of the world There were a lot of weaknesses in the current system that were causing a lot of damage and it was difficult The name of this system is Bitcoin t to make up for it while running.There is no government transaction in the system Bitcoin Cash is the hard fork of Bitcoin It does not fall under any government authority It has its own system on which it works This payment system is against all the banks and governments of the world Every government in the world can print money without doing anything and use it to make Which increases the burden on the general population This is a huge fault in the current system The current currency is controlled by the government and can be printed
Why fail government printed currency?
There are many reasons why any currency made by any government can fail.The policy made by any country affects that country
Whatever it is
If any government prints and paints its currency without any research, it is because of the devalue of its currency that it is falling day by day.Due to the devaluation of the currency, it would have a bad effect on the people There would be an increase in food and drink The value of everything goes up The situation in this country is very bad and people do not get food. Thefts are more common What is there is a failure of the government, what is there is ruined I can give you an example of many countries that are going through this and it has happened there like Venezuela, and many more all Africa just few country safe and survival more than 45 percentage country failed
Why fail government Venezuela?
Just look at Venezuela Vela's condition is critical Venezuela's currency has failed
People don't have food, they don't have houses and thefts are increasing. The situation in the country are not good Venezuela's current currency is going through the worst situation in its history Why Venezuela?Venezuela's situation is due to the fall in oil prices And because of the wrong policies of the Venezuelan government
The country that used to be one of the richest countries in the world is now one of the poorest countries in the world
How can bitcoin cash solve this problem?
The bitcoin case is a corrupt currency that does not belong to any government It can no longer be printed This is a digital currency It has an ecosystem that is not within the reach of any government
A global payment
The fee is very low
The fee is low and the speed is very high
This is a peer-to-peer transaction system with no third party inter
Why is there no more or less than the policy of any government?
It depends on supply and demand
Venezuela and the countries of Africa that have destroyed their nation today can use it and save their country from this destruction.
You can buy anything in this world
Due to the low demand and demand, the price would go up
It's a people's bank for the people
Dash or bitcoin Cash also use in Venezuela
Due to the Bitcoin Cash standby, Venezuela has managed to make its situation much better And there are also many countries in Africa that are very poor and have no value of their own currency.They are using this currency to improve their condition That is why I would answer this question to those who ask me this question So Bitcoin Cash is a better choice for the world Express your opinion in the comments
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You got some research bro.. good