With Monero’s future in uncertain waters I would like to invite the Monero community to take a deep look at Bitcoin Cash as a fall back measure if anything were to happen to Monero.

BCH is fighting to become the word reserve currency and is on a solid trajectory to achieve it.

As you can see from the graphic BCH has everything required from a world scale money.

Most importantly BCH has superb privacy while maintaining the gold standard audit-able secure ledger, plus we have the Bitcoin brand which has immense value.

If nothing else make BCH your backup, you will not regret it!

CashFusion - True Privacy on Bitcoin Cash

https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c

  • CashDragon@realbitcoin.cashOPEnglish
    1·
    7 days ago

    Very respectable reply, thanks.

    I believe Monero has a place, I like it and use it. However it is not for everyone. There a high technical barriers and UX issues.

    I think Monero is for the privacy hardcore minded and techie crowd, this is a niche community.

    Wallet sync times are a show stopper for most users. The wallet needs to be instantly available to spend, it can take an hour to sync a Monero wallet on a slow connection.

    Transaction spends need to be instantly available, in Monero they are locked for 20 minutes this is impractical in real life.

    Monero is notoriously difficult to integrate into other systems and networks, we need something that can be simply added everywhere with minimal effort.

    Then there is the issue of scaling. The chain grows infinitely and all data needs to be stored forever. Stress tests have shown Monero can only do 700k TX per day max. This can maybe be doubled with tweaks but to me it feels like the XMR tech cannot go much further.

    BCH on the other hand can do 10 million TX per day right now, and likely much more. It has instant transactions and no coin locking. Advancements are in the works to bring BCH to 200k TX per second. Bitcoin Cash is for everyone, everywhere, all at once. This is the difference.

    The beauty of smart contracts on BCH is that you get complex power with secure and relatively simple code. Our new freedom money needs all the features legacy finance offers and more.

    Advanced smart contracts on Bitcoin Cash - https://youtu.be/o0jeLBJOr8Y