Why Bitcoin Cash?(whybitcoincash.com)
whybitcoincash.com
Why Bitcoin Cash?
https://whybitcoincash.com/
3 comments
A rare example of well-executed scroll animations.
Is there any particular reason this was posted?
There is a strong contingent of bitcoin cash people who post a lot of conspiracy theory and negative sentiment around bitcoin core and try to convince people that bitcoin cash is the “real” bitcoin. I assume they are strategically upvoting this.
Maybe people realize that bitcoin's $28 USD transaction fee means that people will never use it for anything except speculation, and that without more than a few KB/s of transaction throughput the promise will never pay off.
Fewer people realize that in order to maintain network security with an ever halving block subsidy, high fees are a necessity. I wonder know how Bitcoin Cash plans to handle that. It's next to impossible to make up 1000x lower fees with 1000x higher transaction volume.
[deleted]
So while the comparision is not that bad, most of the money that humanity has is stored capital (mostly in stocks, bonds and houses, and a bit of gold and some cash).