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Bitcoin Cash (BCH) A Slow Brewing Volcano Targeting the Moon?

Bitcoin Cash

Community Trust ScoreVerified

88%
Real
Verified26 votes
Updated 5 years ago

It was recently reported that the Grayscale Bitcoin Cash Trust $BCHG had recently seen a significant increase in volume and now holds more than 319,000 BCH.

Vlad Ivanov, You Tuber stated Bitcoin Cash is a slow brewing volcano with its sights set to the moon; However, the reality is that we need just a bit more of a push from Bitcoin to get all the Altcoins back to ATH levels.

Kim Dotcom expressed:  Many of you may not understand why I picked BitcoinCash as the most promising crypto for the world. Most of my time is now dedicated to making BCH the winner, and we are making good progress. In a few years, you’ll be able to see what I can see now.

The community response was:  It’s not the fastest; I’ve heard it’s centralized, and worse of all, it’s a fork and is there any assurance it won’t fork even more in the future?  It isn’t privacy-protected, dude. It’s traceable.  You can do self-research on it. Try and break it. Stop relying on mob opinions.

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In the end, Utility is the winner, and why can’t there be more than one winner.  I don’t have any issues with more choices. It’s just one hell of a noisy mob that I find is the problem.  Choice is good.  I take the issue when people like the maximalist say, this is it, and everything else is a waste. Let the best win based on merit rather than prescribing it.

Since barter “money” has become more and more complicated, I have no idea what you are describing, and it sure doesn’t sound like something you could explain, or sell to a layperson.

Some of the BCH fans call themselves Satoshi Angels. But, unfortunately, most of them call themselves volunteers, and it just looks like BCH is about to explode.

BCH Adoption:  Slowly, people across the world are waking up to what BCH is offering. This is hailed to be a civilization-changing technology, which will dramatically increase human freedom and prosperity.  BCH is a lifestyle, and everyone can do it.

The final stage in BCH evolution: Large swathes of the population would transact in BCH with no concerns for fiat exchange rates. For these individuals, the preference for sound money over inflationary fiat would be self-evident.

A new merchant accepts Bitcoin Cash in Jimeta, Nigeria.  This is a frequent occurrence in Nigeria. A new merchant accepts BCH in Barquisimeto, Venezuela. This is a frequent occurrence at BCH Barquisimeto. And this trend continues in several places.

 

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Community Trust IndexHigh Confidence
88%
Real
Real88%12%Fake
26 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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