Can Bitcoin Cash AND Bitcoin co-exist?
Can Bitcoin Cash AND Bitcoin co-exist?
Absolutely, and for the people who consider Bitcoin (BTC) as a store of wealth that is great, because just like gold can be seen as something good to hold long term.. even though it is not so easy or cheap to move, it is STILL seen as a great store of wealth.
Bitcoin CASH
Now for the people who are not interested in using "altcoins" and prefer to use the faster/cheaper Bitcoin alternative (Bitcoin Cash) with the larger block size.. it really can be the Bitcoin CASH for the world!
Conclusion
This may seem like a big change, especially since a lot of people thought Bitcoin Cash as just a copycat of Bitcoin trying to profit off of using the Bitcoin name, but when you see who and what all is behind Bitcoin Cash you may see it is more than that.
So right now I don't think anyone knows what is going to happen for either one, but we are definitely in for a wild ride!
Thanks for checking out my post, and let me know what you think!
Disclaimer: I am not an Investment Advisor, and this is not investment advice. This for entertainment purposes only!
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It seems that BTC and BCH are like stock and housing markets.
The whales who control wall street crash the market so the herd will sell in a loss and run for the housing market where the housing whales are waiting. In few years they will crash the housing market so the herd sells and run for the stock market. And the cycle goes on every 20 years for the new breed to be sacrificed. There are new inexperienced whales in crypto town. The difference is that they turn the cycle every 20 weeks.
We have cars and we have trucks... we need them both, one for heavy loads, the other for transportation. We have both as a gift... we can use them as we need.