Bitcoin Cash (BCH) are happy about their Bitcoin Pizza day. As YouHodler offered to have users order the pizza of their choice and receive a Bitcoin equivalent to their YouHodler account with applicable terms and conditions, though. The Bitcoin Pizza Day got many excited about it.
Bitcoin (BCH) tweeted: “On May 22nd, 2010, Laszlo Hanyecz was the first to use Bitcoin as an alternative to fiat as he bought 2 Papa John’s pizzas with it. Today, 10 years later, Bitcoin continues to be p2p cash and a fiat alternative as BitcoinCash. Tonight on the menu: Pizza paid for with BCH”
While Bitcoin Cash is proud about being able to facilitate micro-transactions, a Bitcoin fan opined, BTC is the one and only BTC. He called the attention of the BCH community to take a look at the hash rate and pullback to get a glimpse of the bigger picture.
He stated how it is already possible to do micro-transactions with the current fiat system. He reinstated on how we need to store value on the network first and foremost to opt-out of the current failed system.
One of the tweets read: “Happy #BitcoinPizzaDay 2020 Pizza in 2010 = 10,000 #btc Today this pizza = 0.005 btc”
Sydney Ifergan, the crypto expert, tweeted: “Bitcoin Cash (BCH) is marketing its usability with Pizza. P2P usability provided with Pizza.”
One of the commentators reflected on how Bank-based stablecoins like USDH, USDT, USDC, GUSD, etc. are critical to bootstrapping BitcoinCash adoption in the developing world. Still, the medium-term they represent a terrible risk, and we need to figure out how to build stability without using nation-state controlled banks.
BCH is still around, which is something that many past prospective investors are not able to take to. There is a space for every token as each community tries to sustain and prove their good merits by innovative approaches and use cases. Being decentralized BCH functions by the efforts of the community and less by the opinions of the founders.
Roger Ver, by his way too candid comments, gets onlookers to go crazy. However, he makes some really good points every now and then, and one of them were about how, “The private sector just lost 36 million jobs while nearly every government employee kept their job.”
In turn, one of the commentators called for a rescue by making a statement which read, one of the largest wealth transfers is happening right before our eyes. From small businesses to massive corporations. Shop local your community is going to rely on it, or it will fold.
Bitcoin Cash have their own method of being around useful and doing something about their own value in the cryptocurrency space.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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