How the BCH Brand Strives Again

By Debesh Choudhury | TechFuture | 27 Jun 2023


Bitcoin Cash is nearing six years of existence!

Innumerable cryptocurrency projects exist in the world. Of these thousands of cryptocurrencies, only a few tens are performing to impact use cases and real-world adoption positively.

Bitcoin Cash is one of the best-performing cryptocurrencies that started with a hard fork of the original version of the Bitcoin blockchain.

Bitcoin Cash was created on August 01, 2017, and started as a hard fork of the original Bitcoin blockchain. Bitcoin Cash increased the block size, thereby solving the scaling and speed issues of Bitcoin.


 

I watched the BCH graph and talked live on YouTube on June 27, 2023.


 

The first five (nearing six) kidding years of BCH trifled away.

I will not write about how much market cap Bitcoin Cash now got, its daily hash and trading volume, price cap, or any other performance metrics.

  • Because you will quickly get an authentic picture of all these data on the official webpage of the Bitcoin Cash project, there is no contribution in the "copy-pasting" of those data texts.

  • The first five years are crucial for any kid, whether a human, animal, technology, or business project.

The most enjoyable kidding experience we get in the early years of our life is the learning of new knowledge, language, skills, and many things.

  • Five years is a little time, and it has trifled away like a blink of an eye.

  • The Bitcoin Cash stakeholders have learned and experimented.


 

How BCH predicts value.

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Screenshot of BCH price graph (June 27, 2023) Source CoinGecko

The price cap of BCH is rising again, directly inspiring the stakeholders to use it more.

The real value of every earthly object comes from its real-world utilities and diverse use cases in human society. The same is true for BCH.

  • The real value of BCH may be assessed from its utilities, performances, and resource requirements.

  • The value of BCH comes with its mass adoption, its true potential for business, its utility as electronic money to improve the global economy, and its speed and cost of performance.

The most important trait of BCH is its decentralized operation, with continual innovation and the development of new applications.


 

The future of BCH is important in terms of innovation and strategy.

Prominent cryptocurrency brands show promises in their technology and adoption, and uncertainties in their price cap.

  • The success of a cryptocurrency partially depends on its
    (i) performance in terms of scaling and speed,
    (ii) fees per transaction,
    (iii) adoption by the common mass,
    (iv) continual improving technology.

Bitcoin Cash brand has shown enough promise during the last five years of its existence. Bitcoin Cash has NICELY satisfied the above four criteria.

  • One parameter is in the hands of the people. It is the adoption of cryptocurrencies. For that matter, the dot-cash platforms have impacted in promotion of Bitcoin Cash to the common mass.

In short, Bitcoin Cash has made a solid innovation-based existence for five years showing evidence of how Bitcoin Cash strives back again.


 

How may you contribute to Bitcoin Cash's strive?

There are innumerable ways you can contribute to the strive of Bitcoin Cash.

  1. You can buy BCH

  2. You can hold BCH

  3. You can use BCH for peer-to-peer payments

  4. You can adopt BCH as the payment currency for your business

  5. You can join as coders and developers in appropriate BCH projects

  6. You can initiate a new real-world use case for BCH

  7. You can submit bug reports to different BCH projects

  8. You can write blogs in support of BCH

  9. You can organize workshops on BCH in your locality

And so on ...


 

Conclusion

  • Bitcoin Cash started its journey as a hard fork of the original Bitcoin blockchain.
  • Five-plus years of the existence of Bitcoin Cash may be celebrated when the price cap is rising steadily. 

As the parents of a five-plus years old child take full responsibility for its physical and mental growth, the founders and developers of the Bitcoin Cash project take full responsibility for its future.


 

Postscript

Everybody knows that the future of technology use cases, such as Bitcoin Cash, may likely face unforeseen challenges.

  • Continuous research and development may only help to face unpredictable circumstances in the crypto domain.

  • I believe the Bitcoin Cash founders will continue doing the needful innovation in the core technology of Bitcoin Cash.

A few questions erupt in my research-curious mind.

Has the BCH community thought about what would happen if the price of BCH goes down again?

Have they thought about a native stablecoin?


 

 

<> Adapted from an article published on ReadCash

 

 

Cheers!

Debesh Choudhury  (Unity at ReadCash).

Text Copyright © 2023 Debesh Choudhury — All Rights Reserved

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Lead Image and other images: Kanchanara (modified) on Unsplash and a BCH logo.

All other images are either drawn/created/screenshots by myself or credited to the respective artists/sources.

Disclaimer: All texts are mine and original. Any similarity and resemblance to any other content are purely accidental. The article is not advice for life, career, business, or investment. Do your research before adopting any options.

Unite and Empower Humanity.

June 27, 2023

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Debesh Choudhury
Debesh Choudhury

I am an Information Security Researcher, Podcast Host & Tech Blogger.


TechFuture
TechFuture

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