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Bitcoin Cash Growth Will Be Explosive

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pantera1
@pantera1
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3 min read

The crypto market is on the rise again, as many analysts were expecting. It can’t always be rising or falling. There is trading, developments, good news, and the cryptocurrency market is growing in maturity.

Sadly, BTC is not maturing as an asset and has no scope, and only speculatively trying to hang on to recent events. Some institutional funds were misled about Bitcoin being an asset acting as a hedge against inflation, but what happened when inflation started rising in April and May?

BTC is not an asset that can be a hedge to anything. Its structure is just speculative and reminding of various schemes that had as their sole purpose the promise of quick returns.

Bitcoin Cash is instead building where BTC stopped. It takes time to let the world know about it, but Bitcoin Cash is today in the position of Bitcoin in 2012-2013. When Bitcoin was a revolution and moving towards massive adoption.

Bitcoin Cash Keeps the Revolutionary Flair Alive

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BTC is on the side of the banking establishment today. The BTC evangelists want a Bitcoin that is tamed and under regulatory control.

Saylor and Dorsey have taken control of the narrative. It is Square running the show today. The approach of these people towards Bitcoin has absolutely nothing to do with the freedom to transact but it is about increasing their customers and their profitability.

Musk has another game that doesn't make sense. Tried to push Bitcoin as a payment method for Tesla but failed massively and Tesla stock since has not recovered.

Bitcoin cash is revolutionary and holds high the crypto values.

  • Permissionless
  • Uncensorable
  • Secure
  • Low fees and instant transactions

BTC and "other" cryptocurrencies

Bitcoin Cash does not advocate that all other cryptocurrencies are "shitcoins". This is the BTC maximalist view that has only the purpose to promote only BTC. Bitcoin Cash embraces innovation and developments are rapid. The flair is not over and it didn't succumb to BTC's pressure and propaganda.

Even the word "altcoin" today means nothing. BTC is not holding 90% dominance levels anymore. Altcoin is a word more suitable probably to utility tokens. It doesn't describe most of the top cryptocurrencies.

Some coins may stand no chance and will probably go to zero, but the BTC maximalists are overlooking all the innovation and progress made in the previous years.

Moreover, they disregard the fact that Bitcoin Cash has achieved what Blockstream and the Bitcoin devs under its payroll are still telling that it is impossible.

Bitcoin is scaling and Bitcoin Cash is the proof of it.

High User Base Growth and Retention Rate

Image from: Reddit

Bitcoin Cash is a huge force in the crypto industry and embraces changes and progress. With its rising user base, it will eventually reach to higher valuation as well, however, this is also not a subject of discussion.

Price is the talk of traders. Bitcoin Cash has long-term supporters that understand the fair valuation of this wonderful technology is by far suppressed from what it should be.

The growth and retention of the Bitcoin Cash userbase is a great success. For most projects retention of their user base is a huge issue.

Usually, it is a quick in and out by speculators but with Bitcoin Cash it is different.

Those that enter the BCH network as short-term users, stay and become long terms fans. This is why Bitcoin Cash will soon reach explosive growth in all numbers. I'm expecting this explosive growth of Bitcoin Cash to continue undisrupted in the coming years.

Originally published at Read.Cash

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