From a use case point of view, Bitcoin Cash is being accepted in several physical locations compared to several other cryptocurrencies. This is improving a lot due to the ongoing Merchant Adoption campaign and is set to happen until August 31, 2021.
The team of volunteers who are interested in onboarding potential merchants to accept Bitcoin Cash Continue to do so from Cariaco and Venezuela. Several contractors are getting onboarded from different parts of the world. And, they keep updating the details of new contractors who are willing to accept BCH.
The community was recently excited to look at the Brazilian Jiujitsu fighter Rida Haisam wearing a Bitcoin Cash BCH shirt during an epic match. A lot of innovative ways to send money to the BCH community are getting innovative. Features like video monetization are getting widely discussed.
BCH user testimony: Fact: Bitcoincash saves lives. While talking story and eating dinner with a good buddy, he receives a message from a friend in South Sudan. It wasn’t good. There was an emergency, and need financial help. Within seconds BitcoinCash crossed borders and saved the day.
At map. bitcoin.co, you can see how Bitcoin’s global adoption looks like. It just feels like the tip of the iceberg. The sooner someone knows what they own; they will not get nervous about daily price action.
The price trends for Bitcoin Cash are trending down. The technical indicators for BCH also suggest a downward trend for the forthcoming days. The correlation between Bitcoin Cash and Bitcoin has also been declining over the past few weeks. The price of the BCH is expected to hit a new low as the BTC consolidates.
Technically, Bitcoin Cash and other currencies go up and down together because most of them are traded against BTC. Not against USD. So, they all move up and down with BTC as BTC moves up and down against the USD. Relationship of pendency or community of convenience.
For those who are wondering why Bitcoin Cash? Fiat inflation is theft. Deflationary crypto is not. Your fiat money is worthless every year. Your crypto goes up in value over time. It is about what choice you make.
Synthetics, prediction markets, and a whole lot more might come to Bitcoin Cash very soon. PMv3 promises the same. There is a discussion about it for those who want to know the exhaustive details.
Get the latest Crypto & Blockchain News in your inbox.