Why Bitcoin Cash? Bitcoin Cash stands to transform the way individuals and businesses exchange value. As demand for fast, borderless, and cheap transactions grow so does the demand for the currency powering it. 

Why people are excited about Bitcoin Cash? BCH Vs. BTC what are they good for?  BCH Vs BTC, Bitcoin is useful as a store of value making it the digital equivalent of gold.  Bitcoin Cash just like Bitcoin, but with small adjustments making it the digital equivalent of cash.  Bitcoin Cash believes in the original vision for Bitcoin by Satoshi Nakamoto for a fast, secure, worldwide, peer-to-peer electronic cash system.  So, what is the difference between Bitcoin Cash and Bitcoin.

Bitcoin is permanently stocked at 3 to 7 transactions per second with transactions taking hours and even days, Bitcoin does not beat the market demand for instant payments.  Bitcoin cash can process over 100 transactions per second.  And, in the future, it can adjust to meet the demand with transaction fees fluctuating between 5 dollars and 50 dollars.  Bitcoin is not practical for casual spending and micropayments.

Bitcoin Cash transactions are consistently less than one cent that is around 3,800 times lower than Bitcoin. However, we are left wondering if isn’t gold more valuable? While the worldwide gold is 10 trillion dollars, while the worldwide cash market is 100 trillion dollars that is 10 times bigger.

Bitcoin was just the first step and Bitcoin cash is the next. We believe p2p electronic cash is important to increase economic freedom around the world.  The global transaction market consists of around 3 trillion transactions per year as 75% of those are cash transactions. With even 1% of all global transactions that would mean 82 million transactions a day on Bitcoin cash.  This is a big opportunity. With the cash market 10 times bigger than gold, BCH has a bigger upside potential.

Bitcoin cash has already surpassed the transaction volume of Bitcoin and despite this, the price is currently 100 times lower. We already know that Bitcoin Cash enables instant transactions at a fraction of a cent, but doesn’t stop there.  BCH cash adoption is widespread with more than 100,000 merchants accepting it globally. It is uncensorable. No account can be frozen and it cannot be shut down. It is peer to peer electronic cash which means there is no need for banks.

You can mint your own tokens on Bitcoin Cash.  It is secure, there is no KYC.  And, it is trusted. 

We hope you’ll like this article and if so feel free to send a tip to our writers in BCH or Any Crypto via this link: https://thecurrencyanalytics.com/donate/

Thank You,

The TCAT team.