Bitcoin Cash
Be Your Own Bank With A $50 Smart Phone and BCH
Bitcoin Cash is Common Sense
Bitcoin Cash is the digital equivalent of cash that covers the market demand for instant and near-free transactions following the original intention of the whitepaper for a fast, borderless, P2P electronic payments system.
The Bitcoin Cash blockchain has proven its robustness and can accommodate more than 100tps/second, with the capacity to keep scaling as demand for cryptocurrency payments keeps increasing.
The network is protected and secure, and the fees remain consistently below one cent, making BCH a practical cryptocurrency.
The BCH network of merchants is expanding, with thousands accepting Bitcoin Cash directly for payments. More than a hundred thousand merchants accept it directly (P2P) or with payment facilitators like BitPay, prompt.cash, Coinbase Commerce, Gocrypto, Rakuten, PayPal and more.
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Be Your Own Bank With A $50 Smart Phone and BCH
Bitcoin Cash brings the digital cash revolution right to your mobile device.
It only takes two minutes to download a wallet and another two minutes to learn how to send and receive BCH instantly without anyone else controlling the funds but the user.
Bitcoin Cash Wallets:
- Electron Cash (desktop & mobile — supports Cashtokens on desktop)
- Bitcoin.com (mobile)
- Selene (mobile)
- Flowee Pay (mobile)
- Paytaca (mobile & browser — supports CashTokens)
- Cashonize (browser — supports CashTokens)
- Zapit (mobile & browser — supports CashTokens, offers P2P exchange)
The infrastructure is ready for mass adoption. Bitcoin Cash is under constant development with the core vision to make money better for a better world.
Bitcoin Cash works with a 32MB blocksize limit, and in 2024, it will contain the Adaptive Blocksize Limit Algorithm (ABLA) that will solve the hands of developers and focus resources on several more developments.
Bitcoin Cash has no Segwit, Lightning, or RBF. There is no need for sidechain solutions as the blockchain scales as Satoshi intended.
With 0-conf and DsProofs, Bitcoin Cash secures fast transactions that take less than a second to perform.
TxStreet is a website giving real-time blockchain statistics depicted in a cartoonish style. It resembles the transaction system as a bus stop and the transactions as the people waiting in line to enter the bus.
Between these two buses, which one would you choose?
Can’t be anything else but Bitcoin Cash with fees lower than a penny and instant, borderless, and censorship-resistant transactions through a decentralized, permissionless blockchain.
This is what we sign up for, an efficient blockchain network aiming to become the world’s leading method of transactions.
Bitcoin Cash is ahead of the competition, and this will stay this way for a long time.
Decentralization secures a tamper-proof network and transactional censorship resistance.
Yet, with Bitcoin (BTC), censorship resistance becomes a luxury only a few can afford.
Why do BTC maximalists promote that everyone should run their own node while Satoshi never intended this?
The reason is to choke the network and make it unusable (with a low blocksize limit forcing high fees), aiming to reduce Bitcoin’s disruptive monetary potential (and Core succeeded in that).
Bitcoin in the BTC version is opposing financial freedom. Under Blockstream, Bitcoin submitted to the banking system.
Saylor suggests that we should not upset the banks and BTC maximalists cheer. Other bankers involved will always tell you it was never about payments, never a cryptocurrency, never aimed for mass adoption as P2P Cash, and was not for the people who live with less than $2 per day.
How will Bitcoin not upset the banks?
By rendering it unusable on a massive scale with bottlenecks like RBF, 1MB limit, and custodial mechanisms that strip Bitcoin from its revolutionary features.
Bitcoin Cash serves absolutely everyone, but most of all it serves the people.
Bitcoin Cash is not excluding anyone, and presents a decentralized, efficient and scalable system of payments.
The world is slowly embracing Bitcoin Cash with adoption increasing in online and physical locations, while it is also one of the most recognized cryptocurrency brands.
Users will have to choose between cryptocurrencies, and they will select those that are fast and cheap.
Bitcoin Cash has enabled this and is building the foundation for mass adoption.
It is common sense that when crypto payments become mainstream, the public will select Bitcoin Cash.
In Conclusion
As Kim DotCom explains to these Bitcoin proponents, it is clear that Bitcoin Cash has better and bigger targets than what Bitcoin has today.
The Bitcoin Cash ecosystem is not only attractive to investors, but most of all, it attracts users.
It is people who want to use their mobile wallets for their day-to-day transactions, to pay for bills, and groceries using an instant system with low fees, a permissionless and borderless network that empowers the user.
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Originally published at read.cash in 2021 (updated and rewritten)
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