It is difficult to garner physical retail spending data as Bitcoin Cash is a P2P electronic cash system. Hayden Otto's reports are the first real attempt to gauge the relative coin utility as seen by coal-face physical merchants.
If merchants are finding Bitcoin Cash as the best electronic cash system where the rubber hits the road, Bitcoin Cash by definition is the best candidate for a global electronic cash system. This is what Hayden is telling us.
Merchants using Bitcoin Cash are also recording 15% gains against the best fiat systems month-to-month in a first world country.
If Bitcoin Cash is out-spending BTC 166 to 1 at the coal-face, and pulling marketshare from the best fiat systems, when will this superior utility be recognized by the market and priced in?
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source https://www.reddit.com/r/btc/comments/esld8n/bitcoin_cash_commands_96_of_australian_retail_yet/
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