Roger Ver and many others state that Bitcoin core has been hijacked, and bitcoin cash is the real bitcoin that has stayed true to the original vision of bitcoin that was elaborated in the famous Satoshi whitepaper.
Bitcoin is rapidly losing market share to altcoins, yet Bitcoin Cash is still hovering around .18 BTC, yet it is functionally a much better coin. Last week, I posted an image of a bullflag forming for the BCHBTC pair, and today news has been released that Bitcoin Cash is now a whopping 27% more profitable to mine now.
Hmm... so wait, Bitcoin Cash is cheaper to transact, its fast, its simple, its stable, its secure, its reliable, it was just added to coinbase, AND it's now more profitable to mine...
You might be wondering:
Yeah but it's just not bitcoin core dude... why would I want to own, like a fork, dude?
Well, from a philosophical standpoint, cryptocurrency is supposed to be as decentralized as possible, so that no one group get's too much control and potentially manipulates the function of the coin for their own interest. Bitcoin core is managed by one group, so the risk of a conflict of interest is much higher. If this is your fear then run from bitcoin core. Bitcoin core has not changed perhaps because it's more profitable to keep it the way it is. Bitcoin core cost more to do transactions with it's prehistoric structure, whereas bitcoin cash is managed by 5+ different teams, so its nearly impossible for it to be manipulated for any particular groups interest's.
Here is an image that illustrates what has happened since the inception of Bitcoin Core, in terms of function.
Bitcoin cash is currently sitting at 1/6 of the price of Bitcoin, and is better in basically all aspects, and to top it all off it is now more profitable to mine. Logically speaking, where do you think the bitcoin miners are going to go? They're going to start mining Bitcoin cash.
Bitcoin cash is not only a better coin from the philosophical viewpoint that the original enthusiasts are fighting for, but it's now more lucrative for all you moneymakers out there.
From both standpoints Bitcoin Cash is the better coin.
Another strong indicator that you should choose Bitcoin cash over bitcoin is the fact that most people are bashing Roger Ver and Bitcoin Cash. This is the herd attacking the hero.
One last note, assuming cryptocurrency is the future of transactions, what do you think big businesses would choose? Hedge funds aside, where do you think the everyday business would go? I think it's pretty obvious.
Note to self: Get Bitcoin Cash.
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