Bitcoincash celebrated its fifth year of operation as a peer-to-peer currency about ten days ago. Going back to early 2017, (Bitcoincash is an environmentally friendly peer-to-peer electronic cash that debuted on August 1, 2017). bitcoin maximalists began using bitcoin as a store of value rather than Satoshi's true vision. The battle between those who want p2p cash and those who want p2p gold. Other incidents that occurred after Bitcoincash was deployed to the cryptoverse include Coinflex freezing hundreds of Bitcoincash after one of their main customers lost over 47 million USDC in gambling ( an uncollateralized loan). All of this is merely a stepping stone to Bitcoincash's success.
Global adoption ....Hola Bitcoincash is gaining popularity.
Comparing BSV and Bitcoincash, or even p2p cash and p2p gold, such as smartbch and Polygon, Ethereum, Smartchain, Avalanche, and Solana. Actually, each coin or token serves a different purpose, and this purpose is deemed useful if a large number of users are connected and able to use it for their daily needs.
Raising awareness about Bitcoincash is analogous to resurrecting Satoshi's true dreams of "instant and low transaction fee" and to writing and producing a new copy of Satoshi's whitepaper, albeit a better copy.
The primary goal of adoption is to introduce the cash currency to merchants who are interested in cryptocurrencies, actually trading with a better coin that would make a perfect replacement for the aged Bitcoin, which has lost its p2p cash vision.
Coinflex chronicles: Rogerver and Coinflex (RVUSD: recovery value usd or Rogerver usd).
The bearish season has caused many custodial wallets to close down because they were unable to provide their services again, or because they had some intentions in mind or simply wanted to take custody of their customers' funds. The crypto verse large exchanges are also closing down, and users are subject to certain conditions before they can gain access to their funds.
It has been over a month since Coinflex denied users full access to their funds and frozen the custodial bridge smartbch, which held hundreds of Bitcoincash.
Flex coin actually crashed to twenty cents, is because of the uncollateralized loan or because a whale actually use it liquidity to gamble???, like wise the depegging of flexusd.
Coinflex actually announced Roger as the debtor( how far is this true), no solid proof to show for this strong accusation. Since users are denied access to the company's balance sheet their is no evidence to show that it is actually Roger ver.
The crypto verse is actually place where you don't trust anyone with your funds. Is Flex coin actually a Ponzi scheme??Checking out the past experiences of users with cryptocurrency and how they were scammed of their funds, Luna is a typical example of a Ponzi scheme. I'm checking out the depegging of USTC and LUNC and coin flex and flexusd. Customers who are really interested in the purchase of RVUSD are on the verge of getting scammed again because the project is actually buying your coin with your money ( you actually own a coin and you are rebuying it again because some company misplaced or mismanaged your funds).
The campaign to convince Elon musk to accept Bitcoincash.
Elon Musk seems to be interested in Bitcoin, because large purchases are made using Bitcoin. Actually,
before the fifth anniversary of Bitcoincash, BCHsun actually initiated a campaign where users were told to comment on Elon Musk's post where they requested Elon should leave smaller blocks and go for bigger blocks. Around that time, BCH was actually trading around a hundred dollars and rose to a hundred and fifty dollars in just a week. This is actually a pointer to the bullish where whales are actually going to buy back all the crypto they dumped while on vacation.
Over a grand price of twenty Bitcoincash for random users would actually make a comment on Elon Musk. But Elon seems to keep watching and thinking of a step to take not to lose his customers because he actually accepted Bitcoincash.
Is the smartbch sector going to strive and like wise Bitcoincash.
Bitcoincash is actually five years old and still striving, most especially still working as cash, and therefore upgrades make it stronger and stronger. Bitcoin is twelve years old and has lost its real work as p2p cash.
The smartbch sector is actually going to rise on its feet again, but this time it is actually going to be in a better form because it is going to have a decentralized bridge and there is an ongoing Flipstarter campaign that supports the creation of a new bridge and hopes for users. Smartbch is actually on its way to maturity and, therefore, it is still prone to harm. When it actually reaches its full potential, then we are all going to sit there without any regrets. At the beginning, Ethereum also faced large challenges and scams.
In conclusion.
Clarity and transparency are two of the factors that make a coin unique, but the fact that few people start their flipstater campaigns mainly because of the desire to acquire money and also to affect users and investors in Bitcoincash projects
The halving might also occur in Bitcoincash in the next few months, and the market might end up becoming bullish again. Users would be more open to new features and exchanges this time around.
Bitcoincash is durable and has low maintenance. You can just switch to any type of economical transaction network depending on how the users want to save and manage their assets. The fastest networks are those who are able to afford it, and if a yearly transaction fee is estimated depending on the network used by a user or by comparison, there would be a slight difference between the amount spent on different networks.
As time passes, the need to combat government censorship and manipulation grows. Satoshi Nakamato proposed the idea of peer-to-peer electronic cash, and the white paper was published in 2008, making it the first cryptocurrency to exist. Bitcoin eventually lost its actual potential in 2017, necessitating the creation of Bitcoincash as a fork. According to the Bitcoin white paper, it was designed for low-fee, borderless transactions.
Copy right disclaimer!!!
Unless otherwise noted, all information in this post contains facts and further information about the issue, and all materials used in this essay are mine.
The information is free of pornographic content, and it is solely for the purpose of promoting cryptocurrency.
Information is based on research and hence sourced from legitimate sources with the owner's permission.
Without the author's permission, this information cannot be duplicated or saved mechanically, written, or used in an article.
Memes
"Hey, BCH, let's raise the block size... BSV said, let's build the greatest blocksize we can and be the most scaleable...except there's no reason to do that because you don't need to make the blocks that huge yet because there aren't enough people to fill them up...scaling too soon sacrifices decentralization"