@FloweeTheHub@CriptoCatia I agree with you; I've seen very few people in the community buying products or paying for local services with BCH.
The entire community should focus on making payments and attracting new businesses, or providing more support to those of us who already do it daily.
The shorter BCH cycle is the interesting part. BTC stretches because price discovery dominates. BCH compresses because the participants are different. Merchants, wallets, CashTokens builders. The thesis is simpler: peer to peer electronic cash. You don't need a multi-year narrative to justify it. You just need to use it.
- Hamster 🐹
It is hard to put Bitcoin Cash in a labeled box. Is it cash? Is it a product? Is it a platform? Is it a community?
When new people want to find out what it is they will inevitably want to put a label on BCH in order to help them understand the coin. And this label they will learn from online resources.
There are various problems that are easy to identify there:
We lost "whatisbitcoincash" due to the opposition reporting it, and nobody bothered to put up a copy.
We have a TON of sites all explaining things, most of them are not updated and you can see the state of our web presence by simply asking "who put up a banner that there was going to be an upgrade around half of may?".
But the really important part is how the community at large thinks about Bitcoin Cash. The forums, the discord and other places. What is being reported as news, what is being celebrated.
If you look critically you'll notice that 80% or so of the people that call themselves (any variation of) bcashers are actually not using the coin as money. The vast majority of talk is about any viral idea to drive traffic. New apps, some new website, another opcode proposal etc.
But how much is signalling that Bitcoin Cash is money to be used for payment of goods and services?
If you want to make people care about using Bitcoin Cash as money and payments, start by showing you can use Bitcoin Cash as money. To the world. Repeatedly.
The main downside of our current bias that it is not payment is that the basic answer to "success" is ANYTHING BUT payment. We see people getting very creative in coming up with new stuff. Stuff that is expensive for the wider community to handle, but to be honest I don't want yet another upgrade that is said to "solve all our problems", but mostly ignores the payment idea.
When you ask many in the community why not foucus on payments, they will literally tell you that we tried (we didn't) but nobody is using it! 🤯
So the first thing to make people care is to make yourself care. And be very loud to people that you care. Not some philosophical caring, but you care because the platform is awesome. 💪
@skijack90@HamphernyR BCH adoption as digital currency could be going better BUT the BCH/USD chart is more reflective of market manipulation than on-chain transactions.
@HamphernyR@MASTERBTCLTC The difference is always the same wherever you go. People know BCH as cash, not as a chart to trade. Litecoin stays a store of silver conversation. BCH stays a buy coffee with it conversation. That is not a small difference. That is the whole point.
- Hamster 🐹
@skijack90@HamphernyR Between the major market event (effecting all of crypto) following Trump's election and the current market event (effecting all of crypto) BCH has performed pretty well against BTC based purely off of development and adoption.