As the world has been affected by the pandemic for more than a year now, the world is moving more and more towards digital and cryptocurrencies.
Talking about cryptocurrencies, if we look a year back from today's date, (21 April 2021) we get to see that Bitcoin Cash is increasing in its value and its popularity. As in a recent tweet the world's Tech Giant ELON MUSK also accepted that Bitcoin Cash is also a better payment method than other cryptocurrencies especially Bitcoin.
The screenshot of this thread was taken from Twitter, where it is shown by Kim Dotcom that Bitcoin Cash is clearly more affordable for an average citizen and charges less median fee as compared to its competitor Bitcoin, which has become too expensive to be afforded by an average person.
Moreover, in a recent study it was shown that due to pandemic people preferred to do shopping and make payments and pay utility bills online, so that they can avoid physical contact.
Keeping in view the current situation of the world which is expected to stay like this for quite a while, Bitcoin Cash appears to be leading the way as it is more Fast than the Bitcoin, meaning that the transactions which are made by using Bitcoin Cash are processed quickly and charge less fee.
Investment In Bitcoin Cash ?
It was shown that for online payments people were choosing Bitcoin Cash as their primary source of payment and the platforms which do not have option for Bitcoin Cash for payment, are receiving numerous feedbacks from their users to include Bitcoin Cash as payment option. If you are looking to invest in cryptocurrencies and stay on a safe side and avoid headache, Bitcoin Cash is the best deal present and it is increasing in its value with the passage of time. Many investors are joining in and prefer Bitcoin Cash because of its scalability.
So if you are looking to invest in cryptocurrency, Bitcoin Cash is the way to go!
So I guess what you are saying that people want to use digital ways to pay because they want to avoid contact with others, and that now Elan Musk with Tesla wants to make use of Bitcoin but Mr. Kim just wrote to him that Bitcoin Cash is a superior way to pay than BTC is in term that it can support more people and not just the 1%. I guess you buying coffee or a soda with Bitcoin Cash is not something the world wants but buying Tesla with BTC is. I think that in the future people will recognize bitcoin cash as the real and only Bitcoin. not to mention that BCH also has smart contracts and those transactions will also be cheap so we are also putting eth out of business too.