Why BCH can be the future of money

Cryptocurrencies, specifically Bitcoin Cash (BCH), has been around since 2009 and it has been making waves in the financial world ever since. Its decentralized nature and innovative blockchain technology has paved the way for a new kind of financial system that could revolutionize the way we transact and store value.

One of the main reasons why BCH is the future of money is its ability to provide fast and cheap transactions, regardless of the amount being transferred. Unlike traditional banking systems, BCH’s system is not controlled by any central authority or government, reducing the possibility of interference and manipulation.

Furthermore, BCH’s blockchain technology is built to scale, which means it is able to accommodate more transactions without sacrificing its speed and efficiency. This is in contrast to traditional banking systems that can become overwhelmed and slow down during periods of high demand.

Another important feature of BCH is its suitability for micropayments. With its low transaction fees, BCH provides a cost-effective way of transferring small amounts. This opens up opportunities for new business models and can help to drive financial inclusion for individuals and businesses that were previously unable to afford the fees associated with traditional banking systems.

BCH also enables borderless, globally inclusive transactions without the need for intermediaries like banks or international clearing houses. This provides greater financial inclusivity and access to underbanked populations.

Finally, BCH has a limited supply, with a fixed number of coins that can be mined. This means that unlike fiat currencies that can be printed by governments, the value of BCH will not be diluted by inflation.

In conclusion, Bitcoin Cash’s innovative blockchain technology and decentralized nature provide a financial system that is faster, more efficient, and more accessible than traditional banking systems. With the growth of cryptocurrencies, BCH is evolving to be an important part of the financial system, and has the potential to become the future of money.

submitted by /u/SchwarzeFlagge
[link] [comments]

source https://www.reddit.com/r/btc/comments/1231cas/why_bch_can_be_the_future_of_money/

Bitcoin monthly EP25 | Banking collapse, Bitcoin, Privacy phones and whirlpool for apple fan girls

submitted by /u/MrCrownnnnn [link] [comments]

Did you stack this weekend?

submitted by /u/No-Comparison-9307 [link] [comments]

what do you think about Nexa?

Is it redundant with the BCH smart tokens fork? Does it have any future?

submitted by /u/Purple-Local-7425
[link] [comments]

source https://www.reddit.com/r/btc/comments/122xk6l/what_do_you_think_about_nexa/

Strike to Ledger Nano S Native Segwit Wallet. Did I just loose my BTC

I have a new Ledger Nano S. I transferred a small amount of BTC to the Native Segwit wallet a few hours ago and the transaction still hasn't posted. What did I do wrong? Is the network slow? Did I just loose my BTC? It wasn't a large amount, but still, this is a cause for concern.

I normally use my Trezor, and never experienced a delay like this. Any insight appreciated.

submitted by /u/NozzlerE2
[link] [comments]

Plenty of FUD now being written. The bankers are scared…

submitted by /u/gizmisto [link] [comments]

1 Virgin BTC

Hi, I was wondering, of course only out of curiosity and asking for a friend:

How much would you say is a virgin whole BTC on a paper wallet worth?

By Virgin I mean non-KYC, mined and only once transfered to offline generated and selaed paper wallet, pre-BCH-fork and never imported into software wallet (pre-2015).

Is there already a market and a premium on these rarities or is it still to soon?

submitted by /u/karmcraft
[link] [comments]

source https://www.reddit.com/r/btc/comments/12245hz/1_virgin_btc/

#Bitcoin has smashed every other asset class this year. And it is only March, 25.

submitted by /u/CarlBMenger_ [link] [comments]

Introducing PaperCash.com - BCH paper wallet generator

papercash.com

submitted by /u/papercash
[link] [comments]

source https://www.reddit.com/r/btc/comments/1220cwc/introducing_papercashcom_bch_paper_wallet/

Another domino has fallen: Nasdaq aiming to offer Bitcoin custody to institutional investors by Q2 end

submitted by /u/bitcorner22 [link] [comments]

Bitcoin is ridiculously undervalued!

Gold has not been money for decades. It is not worth anywhere near as much as it would be were it to reassert itself as the monetary standard for all countries.

However gold will not reassert itself as money. At best it will act as a safe haven for people to hide from bank fragility and inflation. It is bitcoin that will end up asserting itself as global money as fiat collapses and all countries enter a global sovereign debt crisis.

Gold is worth $12 trillion currently and could double to $25 trillion if used as a safe haven. But if gold is nothing but a safe haven and bitcoin asserts itself as actual global money then bitcoin should be worth many multiples of gold. Conservatively lets say bitcoin should be worth double gold when gold is worth $25 trillion.

That puts bitcoin at a $50 trillion market cap just for it to reach fair value during a period of financial crisis and sovereign debt crisis. So lets say today before this financial crisis hits it should be no cheaper than 1/10th of its fair value of $50 trillion (ie $240k per btc).

So bitcoins fair value before a financial crisis should realistically be $240k per btc and in the midst of a financial crisis and global sovereign debt crisis it should be worth $2.4m per btc.

If we are entering a financial crisis and are at the beginning of a global sovereign debt crisis then bitcoin has to rise 85x just to reach fair value.

Bitcoin is ridiculously undervalued!

submitted by /u/slvbtc
[link] [comments]

Come with me if you want to live.

submitted by /u/mx5slol [link] [comments]

Bitcoin is not evil! Bitcoin is the change (Not OC)

submitted by /u/Loud_Surprise3869 [link] [comments]