Accept Payments in BCH

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Avatar for onlymythoughts
Written by
3 years ago
In community: Open For All(cc80)
Topics: Bitcoin Cash, Crypto, Commerce, Finance, Shopping, ...

I am fascinated by cryptocurrencies and in particular Bitcoin and Bitcoin Cash.

Bitcoin Cash split from the original Bitcoin in August 2017 in a process known as a 'hark fork.'

Bitcoin Cash can offer faster and cheaper transactions than the original Bitcoin.

Bitcoin Cash is moving in the direction that the architect of Bitcoin, Satoshi Nakamoto intended and some say that it should be regarded as the real Bitcoin.

Bitcoin Cash is much better suited for use as a currency and Bitcoin is now regarded more of a store of value.

The beauty of Bitcoin Cash is that because the transaction fees are so small and the payments are settled much quicker it can easily be used by small businesses to accept payments.

There is no need to rent any expensive equipment to process card payments, it is freely available to be used anywhere in the world with the help of the Bitcoin Cash Register app which is available on the Play store for android or the App store for ios. I have pasted the link below.

https://www.bitcoin.com/bitcoin-cash-register/

If you are running a cafe, resturant or in fact any other business then why not give it a go. I am sure customers will be curious and it could become a good unique marketing strategy for your business too.

The more businesses that adopt Bitcoin Cash as a form of payment the better for its future. the potential of Bitcoin Cash is huge and at some point we could see exponential growth if mass adoption takes place.

Bitcoin Cash cuts out the middle man, no need for a bank, it is a decentralised digital currency.

Just remember to keep your private keys and your memonic phrase safe.

With Bitcoin Cash you are your own bank, you have full control of your coins. No one can take them from you, this is true financial sovereignty!

If you already use a card reader to accept credit card payments there is no reason why you can't accept Bitcoin Cash payments alongside these too.

Here is a video about how easy it is to start receiving payments in Bitcoin Cash. There is no need to invest anything to get started and who knows you could attract many new tech savy customers.

I hope you enjoyed my article, I have been taking a keen interest in cryptocurrencies since 2017.

I believe the crypto market is still in its early days and Bitcoin Cash is well placed to succeed.

My own article

Pictures Courtesy of Pixabay

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Avatar for onlymythoughts
Written by
3 years ago
In community: Open For All(cc80)
Topics: Bitcoin Cash, Crypto, Commerce, Finance, Shopping, ...

Comments

You shared a good information here. Those who do not know how to open a Bitcoin Cash account will understand when you read this article. This is an article that benefits everyone. Thank you onlymythoughts. 💘

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User's avatar Mobarok0210
3 years ago

The more I become involved with BCH, I really do think, that among all of the other coins out there, it has the most appeal and usability. And I think that bodes well for it. It is easy to recall its name, it has familiarity, and as you mentioned...

It is very easily transferred from one hand to another.

It actually acts like a real currency (even if some may regard my comment as offensive to crypto), and even FEELS like a real currency when you use it.

Granted, adoption of it by more businesses big and small is key here. Like with any currency, it has to be able to be used easily in order for it to be viable.

I have used the analogy before of crypto being sort of like having a $20 bill in your pocket, standing in front of a vending machine that only accepts coins. You HAVE $20, more than enough to buy a bag of chips. BUT, you can't actually by the chips because the machine won't accept a $20 bill.

If BCH can solve that problem and be more widely accepted...it's to the moon and beyond with this thing.

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User's avatar Porwest
3 years ago

I really like your analogy, and hope that the time will come soon that we can use BCH more widely. For now hang on to that BCH, spend it where you can and spread the word. The time will come when vending machines take BCH!

$ 0.01
User's avatar onlymythoughts
3 years ago

That would be a day, hey? When I can buy a soda or a bag of chips with a little bit of BCH.

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User's avatar Porwest
3 years ago

Here in Venezuela, some merchants already accept it. I recently bought in a bakery and paid with BCH. I even wrote an article here telling my experience. And it was great, fast and the fee was just a few satoshis. Let's hope for the adoption soon.

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User's avatar CoquiCoin
3 years ago

Let's keep hoping for the mass adoption of BCH :)

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User's avatar FarmGirl
3 years ago

There are no places in my area where BCH is accepted as a method of payment. I saw a few on the map, but not the places I buy anything from. We sure need more of those here in England

$ 0.02
User's avatar fantagira
3 years ago
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