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RE: #Bittrex Statement on Bitcoin Cash [BCC]

in #cryptocurrency7 years ago (edited)

I just wrote an article with my take on the August 1st fork called "Bitcoin Cash: The Plan To Fork Bitcoin Back Out Into The Real World."

... The value of Bitcoin Cash is easy to see. But you need to look at its value from a FIAT currency perspective and not from a crypto currency perspective if you are going to see that value.

The word "cash" provides the biggest clue. It was no doubt chosen for the new currency because it invokes a sense of tangibility ( and normalcy ) in the minds of people. The target market for Bitcoin Cash is ordinary consumers... ( read more )

https://steemit.com/bitcoin/@skyflowers/skyflowers-co-0029-bitcoin-cash-the-plan-to-fork-bitcoin-back-out-into-the-real-world