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Review on Bitcoin Cash by Stephen Hibs
I've always felt negative about Bitcoin Cash and how Roger Ver constantly…
I've always felt negative about Bitcoin Cash and how Roger Ver constantly tries to overhype this coin. Knowing how he talked positively about Mt. Gox too and encouraged people to keep money there despite all the warnings, I wouldn't trust a single word that he says about his pet project. The whole atmosphere of this coin feels like a get rich quick opportunity from a couple of big whales who got insane amount of free coins thanks to the hard fork when BTC holders got rewarded with free Bitcoin Cash on a 1:1 ratio. Insane, probably manipulated ups and downs, with the shady trades that happened when Coinbase added it and I could go on forever. And all these things are masqueraded behind a cheap slogan "Bitcoin Cash is the real Bitcoin." No, it's not. This is just a way to manipulate people into believing in something. A trick.
It's nothing more than a copy of BTC that can be among the top currencies because of the current scaling problems that BTC faces. In my opinion, as soon as those problems vanish, so will Bitcoin Cash too. What could they advertise if the two coins' transactions will be similarly fast and cheap? They have nothing left.
Pros
- Cheaper and faster transaction than Bitcoin(for now)
Cons
- Basically, it's a copy of another coin. Nothing more.
