Sunday, May 9, 2021

Get on top of the news. We all need BCH for the future.

The world is moving at an accelerated speed and things are changing rapidly, around the world everyday there is a new topic and the crypto world is no exception to that, but one of the biggest move has been the creation of central government digital currencies in response to decentralized digital currencies like Bitcoin Cash and other.

One of those digital central banks that has generated a lot of chat online is the digital Yuan from China, which could spell trouble not only for the US Dollar, but for everyone in the world. China is a state that doesn't care about human rights and it is essentially a totalitarian government, where freedom of speech is none existent for the regular citizen, and its economy is one of the biggest threat to liberty around the world.

If a digital Yuan is accepted around the world more than the US dollar you can bet those transactions will get recorded by China and after a while your government will ask for your data too. But at least in this regard we shouldn't worry because each state is going to create their own digital currency, to keep up with communist China idea. But what will not change is what digital money can do for governments.

Government digital currencies will mean and end to your liberties because every transaction will be recorder and governments will have the ability to profile people according to their spending habits. and once everyone is using that system it will be much easier for governments to shut down non conforming citizens, digital currencies give gods like powers to governments, because with a push of a button they can delete your money and your ability to survive in a economy that uses digital currencies.

Bitcoin Cash is a peer to peer currency and it is decentralized, and it is a better alternative to government printed fiat or any digital government currency as well, but Bitcoin Cash and many crypto currencies lack one basic component adoption, we need that regular people start using Bitcoin BCH as a currency so that the people protect the Bitcoin name from any government attack.

Once digital currencies as introduce to a locality that government in charge of that territory will seek to destroy any competition, and so we need mass adoption to protect decentralized digital currencies like Bitcoin BCH and others. The usage of BCH must be protected not only under freedom of speech because it is open source but also under laws that govern the internet as a whole, after all sending satoshis is just sending yet another email but in this case it is some numbers that represent your free speech rights.

United States is testing digital currencies as I write this article, in other to protect the peer to peer vision of Satoshi Nakamoto, we need people to use, hold and transact with Bitcoin Cash. So that when regulators try to regulate peer to peer out of existence the public has the incentive to say no, we don't like this regulation.

Two of the websites that have make a difference is noise cash and read cash both websites have give the opportunity for people to try out Bitcoin Cash as a peer to peer currency, in many third world countries it has been a life changing event because people have been able to survive by sharing their ideas online, which in turn will make us all richer because those users will recommend others, and with Bitcoin Cash you can be on board with just as little as one penny.

That being said noise cash made some changes in the minimum payout which has resulted in a drop of total transactions, but that is not a problem it only means Bitcoin Cash must create another 10 like websites not only to create awareness of the Bitcoin Cash name and ticker BCH, but to also generate new adoption, noise and read cash cover written media and written media consumption, but we also need audio and video media creation as well as consumption. Enters GazeCash a new video platform that uses BCH as a payment method to watch videos.

Bitcoin Cash community needs adoption before the regulators and law makers start to create laws that will end up destroying us as a currency, and so I do think that sites like gaze.cash could help us to bring that adoption into Bitcoin BCH ecosystem, I am not getting paid to write this article and speak good about gaze.cash. It is just that I think Bitcoin Cash needs a YouTube like tool to spread Bitcoin Cash adoption around the world. And to also create real valuable transactions because people is willing to pay to consume media.

So get on top of the news and follow the trends, government digital currencies are being created, researched and tested. Meanwhile governments continue to print baby print like there is no tomorrow, and you the regular citizen will end up paying the bill in the form of higher prices at the local groceries stores and gas stations.

The US Just Announced Plans to Test Five Digital Currencies. https://interestingengineering.com/us-plans-to-test-digital-currencies-cryptocurrencies

Mastercard seeks role as bridge to facilitate cross-border use of China’s digital yuan https://amp.scmp.com/business/banking-finance/article/3131961/mastercard-seeks-role-bridge-facilitate-cross-border-use

More Stimulus Money May Be Coming Your Way – Here’s What To Do With It https://finance.yahoo.com/news/more-stimulus-money-may-coming-190041223.html

https://read.cash/@francis105d1

https://read.cash/@francis105d1/get-on-top-of-the-news-we-all-need-bch-for-the-future-8077fc0b


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