Looking back at the past years, BTC has outperformed BCH. Why did that happen?
Maybe users really want a slow moving BTC that actually benefits miners more as it pays them higher fees which in the end makes them prefer to mine for BTC to secure the network more.
The question is, how will Blockstream react once BTC really hits the bottle neck so hard that it even becomes bad as a long term investment and really shuts out users that would otherwise have used it?
I mean the arguments why people are not using bitcoin are not related to the fees at all. Nobody I know really thinks that BTC is an unusable investment as it has higher fees, same is true for Ethereum.
Even as P2P cash it works ok, as a deal which takes a few minutes to settle is not a big issue if you are sitting down at a restaurant, cafe, cinema. Well in the case of shopping & supermarkets yes it already makes a remarkable difference, so that use-case might be especially attractive for BCH users.
BTC is very useless in use cases for product integration where someone needs quick settlements, but in that case many companies play the custodians anyway because that makes the service easier to use and therefore they reach a wider audience.
OK, BCH opens up a completely new window of opportunities for anyone who does not want to engage with the government to ask for permission to play the custodian, nor does anyone want to pay high fees and salaries to lawyers.
I must say, that I was very emotional about BCH filling the gap which was introduced by RBF 2016 and that blocksize limit and I rejected all rational arguments as I felt so betrayed by the censorship/manipulation by Blockstream.
But we really must pull out some killer use cases to make that flippening happen.
Time has proven that the flippening is nothing easy to achieve, even as I believe that we might get there eventually when we hit the critical mass of users.
Maybe the BCH community must build apps that really leverage on the tx cost and speed. Which I think is in paid gaming (the app pays the user for playing financed by ads) & paid social media.
read.cash is a great success story and also memo.cash & member.cash
Also governance like flipstarter.cash seems to leverage the capabilities of BCH especially. But I don't know enough about the technical aspects, maybe that would also be possible for BTC?