As we see the world is progressing, every field is constantly evolving and developing according to the needs and benefits of humanity. Currency has also been part of the evolution and progressive development. From using salt and wheat as currency to using silver and gold, then further shifting towards paper money and now the latest form is the virtual digital form of currency.

Gradually and then eventually all of the money will be converted into digital form, and so it is important to study, have knowledge, and research on cryptocurrency. I am pretty much sure this is happening and is in practice in the west, but unfortunately this isn't the case with the under developed progressing countries.

But the question is why?

There are some countries which are totally out of the question as in those third world countries even the population's basic necessities aren't provided. So due to lack of capital and knowledge they cant access cryptocurrencies.

Then there is another row of countries which are developing by the mutual effort of both the governments and the population. By increasing education and the influence of social media, they can easily access cryptocurrencies and are already investing and are very active in this field. An example is philippines.

At last comes a pool of countries that have a big population of educated people who have talent and aspiring to be successful, but are hindered due to the incompetency of their governments. They face strict laws and prohibitions. An example is Pakistan from where I belong.

Feasibility of bitcoin cash in these countries

Now i would like to present why bitcoin cash is feasible for progressing countries.

But first we should know what type of people are willing to know, and who will benefit the most from it. As far as i have researched the young generation, mostly students are more aspirant and will benefit more as it's their future.

Transaction fees

Now we have to focus how will they invest and which will be more appealing. Bitcoin is a straight no. It is because we have to see the amount of money they are willing to invest. The younger generation mostly do not earn and only invest the savings of their pocket money, which is around 30-100$. If they use bitcoin the average transaction fees is 23$ they would lose all of their money in 2 to 3 transactions!!! It wouldn't be feasible at all. Comparing that to bitcoin cash, bitcoin cash has 3,800 times lower transaction fees. Using bitcoin cash would be a definite choice for them.

Transaction speed

The next factor is speed of transaction. In bitcoin it would take several minutes averaging ten minutes! Relatively bitcoin cash does the same job many times faster!!!

Storing money

Bitcoin cash has a very simple criteria as most of the cryptocurrencies. You just need a online wallet. What more? You dont even need to have an bank account to store bitcoin cash! Most of the younger generation dont have bank accounts, so that makes it a lot easier to store it for them.

Acceptance of bitcoin cash

Bitcoin cash is widely accepted around the globe. It is accepted by over 100,000+ merchants online and is available on most exchanges like binance.

Long term storing

The last point that I would like to mention is that the students can keep their savings in bitcoin cash as it inflates lesa than their local fiat currency.

I would drop some accounts of amazing people who are promoting and working hard for bitcoin cash.

@MarcDeMesel he is an absolute legend and has a YouTube channel with many informative videos, and not to mention he has an exotic taste in girls😅😝

@RogerVer he also has very very informative videos on YouTube channel and is the ceo of bitcoin.com and is also known as bitcoin jesus

Ive tried my best to write this article and i think it is an impressive one for a college student. Please do tell me in comments what do you think about my first article.

Edit: it was my first post and didn't know about the rules on posting pictures. I am sorry 😓.