On April 16th, 2021, Bitcoin Cash (BCH) reached over 1,000 USD, a recent high for the currency.
So, it is time to push BCH into high gear. While I still push for the crypto-trinity adoption theory and that everyone should incorporate blockchain into their working lives so that they are on the cutting edge of the future, this recent price action is the time to accelerate BCH into greater adoption.
The argument over BCH or BTC being the legit king should be set aside and only argued over a fine whiskey at crypto conventions. BTC is a store of value to be used as an asset to be borrowed against and as a hedge against inflation. If trading and transacting frequently is needed, BCH is perfect. Not that BCH does not store value, just that it can also transact very well.
I was on a call today, helping someone through the crypto-verse and their business. I demonstrated the cost of sending BTC vs. BCH. The amount in transaction fees was enough to convince the person that BTC is not the medium of exchange best suited for them.
Whatever we can do to promote BCH, we should. You were going to give someone a gift card? BCH. Wedding gift? BCH. Does someone owe you for picking up concert tickets? Have them pay you in BCH. Ask restaurants if they accept BCH. Promote read.cash and tell people to write articles here and link them to their external site. BCH should be the first thought when wanting to transact in crypto. But it cannot happen if the core community doesn’t start pushing the circle of adoption even greater than it currently is.
On April 16th, 2021, Bitcoin Cash (BCH) reached over 1,000 USD, a recent high for the currency.
So, it is time to push BCH into high gear. While I still push for the crypto-trinity adoption theory and that everyone should incorporate blockchain into their working lives so that they are on the cutting edge of the future, this recent price action is the time to accelerate BCH into greater adoption.
The argument over BCH or BTC being the legit king should be set aside and only argued over a fine whiskey at crypto conventions. BTC is a store of value to be used as an asset to be borrowed against and as a hedge against inflation. If trading and transacting frequently is needed, BCH is perfect. Not that BCH does not store value, just that it can also transact very well.
I was on a call today, helping someone through the crypto-verse and their business. I demonstrated the cost of sending BTC vs. BCH. The amount in transaction fees was enough to convince the person that BTC is not the medium of exchange best suited for them.
Whatever we can do to promote BCH, we should. You were going to give someone a gift card? BCH. Wedding gift? BCH. Does someone owe you for picking up concert tickets? Have them pay you in BCH. Ask restaurants if they accept BCH. Promote read.cash and tell people to write articles here and link them to their external site. BCH should be the first thought when wanting to transact in crypto. But it cannot happen if the core community doesn’t start pushing the circle of adoption even greater than it currently is.