Getting to the point, before I continue with this post. Learn what bitcoin cash is and what it was created for. Especially if you're a troll who's here to flex his holding profit to the "stay poor" bch users.
- Bitcoin Cash itself underwent a fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision). Bitcoin Cash ABC is referred to as Bitcoin Cash now.
Bitcoin cash its self as a cryptocurrency, was the result of a dispute similar to the one we're going through currently.
Some facts to notice:
1) Bitcoin Cash was created to accommodate a larger block size compared to Bitcoin, allowing more transactions into a single block. Which actually worked.
2) Comparison of the two cryptocurrencies fees.
$0.0038 USD BitcoinCash
$16.07 USD Bitcoin
Sources:
https://bitinfocharts.com/comparison/bitcoin-transactionfees.html
https://bitinfocharts.com/comparison/bitcoin%20cash-transactionfees.html
The difference here is crystal clear, but let's simplify it even further.
16.07:0.0038
The bitcoin fee is averagely 4228 times higher than the bitcoin cash one..
Now many of the bitcoin "stay poor" enthusiasts claim the following:
"That's because bitcoin is a superior currency so it has a superior value, similar to how a superior flat currency in a first world country has superior value to the one in a third world country".
No.
A currency, any type of currency, is by definition something people use to do trades. Purchases. It's not a stock, and it wasn't supposed to be used as a stock. If it is a stock it implies that someone who already uses a form of USABLE currency bought it, it completely defeats the purpose. So if you are going to continue this absurdity, stop calling bitcoin a cryptocurrency, and call it what you turn it into.
A stock. You don't wish to accept that harsh reality because it breaks your bubble and invalidates your agenda, either way.
https://www.investopedia.com/terms/c/currency.asp
You're all bashing the bitcoin cash community and specifically this reddit community, for attempting to be reasonable with the usage of a currency, and supporting the promotion of the currency that can be used by the biggest amount of people. Which is in fact what currencies were created for.
Some of these self proclaimed intelligent individuals, think it's also a good idea to make alts to downvote posts that promote bitcoin cash.
Others of them think it's a good idea to debate people with the moronic comeback "have fun being poor".
Others of them don't really give a shit about what bitcoin was created for, they only care about "how it's going to reach the stars".
Others attempt to adopt a neutral position and get caught in the cross fire.
But see the bottom line here is, despite which currency you support, or what kind of self-convinced crypto-righteous person you are.
r/bitcoin censors and over-promotes buying bitcoin
r/btc receives more and more trolls the more famous and official it becomes.
bitcoincash continues to be adopted by normal people, or people who don't wish to become super wealthy investors but simply have comfortable transactions.
Paid actors who promote buying/selling cryptocurrencies make cash off your stupidity, and yes, your favorite twitter and youtuber is getting paid, deal with it.
People use a cryptocurrency as a form to jerk off their egos...
There are numerous ways to flex your egos in this world guys, and there are numerous ways to try to put others down, and there are unlimited amounts of ways to prove your "financial dominance".
The fact that you're obsessively try to use bitcoin/ bitcoin cash to do so, proves insecurity. That insecurity doesn't help anyone, and it's a huge time waster that radicalizes people instead of educating them.
I am open to debating this as much as you want, just drop a comment below that's not based on "lol btc reached 40.000 I am rich lol". You're embarrassing yourselves.
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source https://www.reddit.com/r/btc/comments/kxnqhd/have_fun_staying_poor_and_pure_egojerking/
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