Bitcoin Cash is very likely a great “investment” now

Bitcoin Cash is very likely a great “investment” now, but in order to understand why, you need to understand a few historical details about Bitcoin.

For most of Bitcoin’s history, up until roughly 2016, Bitcoin was an incredible technology. You could send any amount of money anywhere in the world to anyone almost instantly and almost for free. Bitcoin was the worlds first peer-to-peer, decentralized cash.

Businesses all around the world began adopting it. Dell. Steam. Overstock. Countless Shopify stores. Bitcoin became valuable because it was incredibly, staggeringly useful. It was a beautiful revolution in money.

And then one day it stopped working. The network became clogged and the community, either through deliberate nefariousness, dogma or incompetence, decided that they would not allow Bitcoin to scale beyond 1mb block sizes.

Instead, they would stop treating Bitcoin as digital cash and start treating it as a slow, high fee, decentralized digital piggy bank. These high fees made small transactions impossible. It made it so you would have to wait days to send money. And accordingly, businesses stopped accepting Bitcoin as payment for goods. Bitcoin had finally ceased to be a useful digital currency.

Even while the price was rising, a community of Bitcoiners realized Bitcoin no longer fulfilled it’s original vision and that the price was no longer being driven by utility like it had in the past, but by speculation, FOMO, branding, and mass hysteria.

Bitcoin Cash was born out of this community. Bitcoin Cash is what Bitcoin used to be and what Bitcoin had the potential to become. It is true, decentralized, peer-to-peer digital cash. It’s a store of value and an incredible means of exchange. Businesses are working to adopt it left and right because they trust it will continue to scale in the future.

I expect Bitcoin Cash to do quite well in 2018 and beyond. Of course, there are other competitors in the space, and there are a ton of variables at play. There is no certainty in this but if you’re looking to make a smart investment, I would put your money into something that has real world use cases. Bitcoin Cash does. It has the exact use case that made Bitcoin so popular and valuable to begin with.