Epic Cash Week in Review 9/13/19/-9/20/19

R.L. Bryer
Sep 21 · 6 min read

Epic Cash GUI Wallet Available Now

The Epic Cash Community Developers have been working diligently to get out the new GUI Wallet 1.0 for Windows. The new Graphical User Interface Wallet is available for download now on epic.tech, the main website of the project.


Indonesian Epic Community Member — Masfaii — Interview #1

1.] Now that Epic Cash Mainnet is Live what are your plans for acquiring Epic?

Epic Cash has gained the trust of the global community and I’ll buy some epic for long-term investments. I see Epic Cash’s potential, that being said, the future is bright for Epic blockchain.

2.] Have you seen friends posting on social media about Epic Cash?

Yes, I’ve seen some friends post Epic Cash through social media and I’ve also invited some friends to join or join in to mine Epic Cash.

3.] What would you like to see with adoption of Epic Cash before the end of 2019?

I hope to be able to adopt and use it as a medium of exchange via a wallet application.

4.] What use case is best for Indonesians with Epic Cash? Medium of exchange, privacy and remittance, or store of value?

As we know Epic Cash does more transactions per second than Bitcoin, it is already enough in terms of using it as a medium of exchange.

5.] Have you thought about starting an Epic Cash Meetup in your community?

Yes, I am very excited and want to educate friends, there are many Indonesians “students” who are not yet familiar with cryptocurrency, through the media seminars we can give educational “Epic” to the audience.

6.] What’s the growth on the Epic Cash Indonesian Telegram been like since launch of mainnet?

Very extraordinary, it’s elevated and is amazingly passionate, since then many miners have flocked to the Telegram channel to get information on the way to mine Epic Cash, it’s a fast-growing community.

7.] Where would you like to see Epic Cash in a year? Where would you like to see it in 5 years?

In the next year I want Epic Cash to be in the order of top 50 coin/token — according to Coinmarketcap, then 5 years ahead it would be nice to see Epic Cash technology used by several central banks and become a global transaction tool.

Why The Blockchain And Cryptocurrency Revolution Seem More Inevitable Than Ever

While blockchain and cryptocurrency still seem foreign to the majority of Americans, adoption of the technology seems more likely than ever before. Americans are fortunate to have the world’s reserve currency today but outside of less than a dozen other nations, the monetary landscape isn’t viewed through a rose-colored lens.

Below are the world’s top ten fiat currencies and their valuation compared to the US Dollar.

Now, compare the top ten list with the bottom ranks of world currencies.

In any place one of the bottom ten currencies and many others up the list are used, cryptocurrencies provide vast utility in everyday commerce and life. It’s impossible to run a business if you don’t know even in the short run, day to day if the fiat currency you’re doing business with isn’t stable. The fragility of fiat and the lackluster shelf life on average of roughly 30 years even by many traditional fiat titans historically should cause concern for all people and therefore is the root of why many are opting out of fiat.

It wasn’t long ago that arguments were made whether Bitcoin could surpass the U.S. Dollar in value. Today, one BTC is over 10,000x more valuable. The empirical data shows Bitcoin has continually gained value against fiat the last decade-plus; moreover, the trust and good faith in fiat money have already begun to wain.

This transition is symbolic of more people losing trust in paper money and gaining trust in digital currency while living in a rapidly increasing digital epoch. The attributes of cryptocurrencies vary but the ones I believe will persist have many characteristics that fiat does not. Scarcity, portability, privacy, decentralization, inclusivity, are some of the properties that make cryptocurrencies and blockchain money so intriguing.

Compare these three charts of currencies. The top ten in fiat, the bottom ten in fiat, and the top ten in the cryptocurrency realm. What stands out? The price of every cryptocurrency but two is higher than the valuation of the top fiat currency, The Kuwaiti Dinar. It’s actually much more impressive when considering USDT [Tether] is a ‘stable-coin’ and supposed to be pinned to the USD, so only XRP inside cryptos top ten is worth less than the highest-ranked fiat money.

It’s imperative to remember that since the US Dollar is the World’s Reserve Currency that comparatively outside of the eight currencies ranked above the USD, everything else is respectively weaker against cryptos top ten. This fact illuminates why smart money has begun to move into digital cryptographic money and why the impending wave of new fiat changing into cryptos will come.

Much like most technological advancements, the scale of adoption grows gradually in the early years until there’s a pop. That pop is the quick ascent or parabolic move in adoption and typically carries the new tech to peak adoption and mainstream usage.

The same seems destined to happen in the blockchain and cryptocurrency space. As more people lose faith in depreciating state fiat and the infrastructure for blockchain money increases its breadth, the depth of blockchain money could also increase — as it has done over the first decade of Bitcoin and space’s other leaders.

ChainRift Lists Epic Cash

You can now acquire Epic Cash on ChainRift as well as BiHODL.

The Epic Cash African Community is currently working on their office — check out the progress!

Mustapha Freeman, showing off the progress made.

Lastly, in this weeks wrap-up, Epic Cash sponsored Anarchadelphia and it went over swimmingly. Over the weekend there were estimated to be around 400–500 people at the event.

The Event was held at Galdo’s Catering in Philadelphia, a great venue that we’d recommend to anyone.
Epic Cash was also a sponsor of AnarchoVegas and they showed up as well, check out the Epic Cash Logo, top right two logos in.

Everyone have another great week, thanks for reading!

To learn more about Epic Cash check out our links below:
Epic Cash Website: www.epic.tech
Epic Cash Telegram: https://t.me/EpicCash
Blog: www.medium.com/epic-cash
Twitter: www.twitter.com/EpicCashTech
Facebook: https://www.facebook.com/EpicCashTech/

R.L. Bryer

Written by

Author of Blockchain: Project Renaissance I & II, available on Amazon. Bitcoin since 2009, Bryer believes blockchain is the future of free-markets and peace.

Epic Cash

Epic Cash

Epic Cash is designed to be a currency for everyone, and combines the privacy-protecting MimbleWimble protocol with sound economics and fair distribution.

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