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Bitcoin cash is too big to fail, which is the reason why I’m rooting for the adoption to explode and the network value to increase.

4年 前
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I was here in the crypto space in 2017, and unless you were in a dedicated Cryptocurrency discussion group, you most likely wouldn’t know what Vertcoin, Ampleforth or Waltonchain was. But guess what, they were in the same ranking of market cap as in bitcoin cash is right now, but these coins failed because 1. no one found a use when there were better projects, 2. they had no institutional support, 3. they had no legacy.

Bitcoin cash is just too big to fail. It has inherited the legacy of Bitcoin core yet functions superior to it, while also having institutional support such as Grayscale holding a significant amount of holdings, centralized payment providers such as PayPal and Venmo and Cash App allowing you to purchase holdings of it (not the real coin, I really would advise you to stray away from doing this), and in the macro level, used for tips on many online services and is exchanged for real world goods.

That differentiates BCH as an undervalued coin, not a dying coin.

submitted by /u/DrankTooMuchTequila
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4年 前
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