The point of Bitcoin Cash (BCH) was to make it peer to peer cash eliminate banking. BCH has the properties to do it. The idea of “because Bitcoin Cash is effectively Bitcoin” continues.
Roger Ver tweeted: “The pitch for Bitcoin in 2011 is the same pitch for Bitcoin Cash in 2020. You can send or receive any amount of money with anyone in the world, instantly, basically for free, anonymously, and there is nothing that anyone can do to stop it.”
Some investors opine that the network is not the same as before. Further opined, that accepting market signals is crucial to preserve and grow the capital. Also, about the fact that forcing an inferior good or service is a recipe for disaster. Some opine that BCH dilutes the 21 million Bitcoin narrative.
Bitcoin reportedly is considered by many to have failed due to scaling as a peer-to-peer currency without giving consideration to privacy, therefore, without fundamental value in holding Bitcoin.
Roger Ver propagates the vision for a free world. Someone expressed that when Bitcoin is in the head, one is always contemplating on paying with it.
Those who are privacy conscious feel that Bitcoin is not necessarily anonymous as it is traceable and therefore required that they need to use precautions before using it.
Sydney Ifergan, the crypto expert tweeted: “Bitcoin Cash (BCH) evidently is becoming an everyday thing, users are paying it for salmon, avocado, salads and drinks. It is already becoming an everyday use case.”
No matter who says what the community are excited. There are big steps forward and they are continuing to build.
Bitcoin ABC tweeted: “In May 2020, Bitcoin ABC made noteworthy progress on code improvements to the node software, executed a network upgrade and continued advancing towards its fundraising goals.”
BCH traders are making best trades. Those who are looking at multiple income streams are beginning to look towards BCH.
The numbers of “Bitcoin Accepted Here” outlets are increasing every day. Bitcoin Cash has its own merits without which it would not land up in the top tens in the ranking ladder.
On June 18, 2020, there is a Bangkok BitcoinCash Meetup scheduled. Those who are looking to learn a little more about BCH will be able to learn more about crypto things and know more about Bitcoin Cash and P2P electronic money. Further, participants will be able to connect with enthusiasts and professionals in the space. Those who are all in with Bitcoin Cash have a reasons to be so. They feel this is better than legacy banking which is obsolete.
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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