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Thursday, 2 September 2021

What’s the scenario where BCH would come to shine?

At the current stage of the Market I observed a few things.

  1. Ethereum fees are so high that people forgot about how bad BTC fees are. (And still people love ETH and predict it to overtake BTC in this cycle) conclusion fees don’t seem to be a deal breaker atm. And when there is a discussion for cheaper solutions than ETH you always only hear about the Cardanos and Solanas never really about BCH.

2.More talks about the lighting network with big names like Dorsey backing it. ( Not many seem to care if it actually works and how decentralized it is)

  1. BTC looses Market Share but BCH is not profiting from that.

So I’m asking myself in the scenario where a lot of people expect ETH to overtake the "old outdated tech" as they call BTC where would BCH stand in that situation? Would people really say okay BTC is done but it’s fork from 2017 is way better let’s hop over to that or would they just write off the Bitcoin family (lol) as a whole. In other words BTC’s downfall could hurt more than it does good. But now back to my question. What would be the scenario where BCH comes to play?

submitted by /u/Genniro
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from Bitcoin - A Peer to Peer Electronic Cash System https://ift.tt/2YlplfK

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