Now, The advantages that I see from Bitcoin Cash
The advantages that I see from Bitcoin Cash now!
If you have any other thoughts, please share!
- The BItcoin Cash Community is exactly part of the forked Bitcoin Community.
They are good people, they know exactly what it takes for a coin to succeed.
--> That is very lacking in the projects out there.
- Ecosystem.
The vision of Bitcoin Cash is centralized and p2p transactions.
In recent years, merchants are increasing the number of people accepting Bitcoin Cash.
However, the price drop is a concern for traders.
- Technology:
Bitcoin Cash has changed a lot from the corner version.
Good thing I see, it needs to change to adapt.
Example: 0-Confin, Algorithm Hash Difficulty Moderation
- Regulation and support for big players.
Major US retail bank allows customers to deposit BitcoinCash. Paypal..... Accepts Bitcoin Cash.
Canada allows citizens to buy Bitcoin Cash without limits.
-> This is exactly the platform to help Bitcoin Cash scale as needed.
Everything is available, just waiting for Network Effects.
- Most importantly, the price is very low.
Low prices are the driving force for the sharks to gather and raise prices.
--> I do not support this view, but it is the current fact.
It should also be seen as crucial to driving Bitcoin Cash's price increase in the future.
Let's look back at the history when Bitcoin Cash price was $74 (when Bitcoin Cash and Bitcoin SV split). Everything is uncertain.
But then the price went up to $1650
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