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Re: tnc26 post# 206

Friday, 07/05/2019 2:54:22 PM

Friday, July 05, 2019 2:54:22 PM

Post# of 1761
You have to keep in mind BCH is not even 2 years old. It took BTC 6 years before transactions even started to pick up on it. After the big crash from high fees, many businesses and retailers gave up transacting with BTC. So BCH has to regain the confidence in digital currency as using it to spend. That's much harder to do than the first time. The growth is phenomenal for not even being 2 years. And remember BTC went from 700 to 20,000 in just 8 months. So being 400 right now doesn't mean it wouldn't be 20,000 by the end of next year.

Yes I am a BCH maximalist because you can use it to spend as cash. I really don't care about a store of value only. I can do that with any stock. And I really don't care about smart contracts, because I am personally not going to use them.

But I will give you an example. I owe my friend 5.00. I don't have it on me. So now I have go to an ATM where it's going to dispense a 20.00 bill. Now I have to go somewhere and break that so that I have 5.00. With BCH I can just send 5.00 nice and easy. If this isn't the best use case for crypto, then I don't know what is. Definitely fulfills a problem.
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