Bitcoin Cash (BCH) Is Trash

Bitcoin Cash (BCH) Is Trash

In this video, I discuss the history of Bitcoin Cash (BCH), as well as its problems, compared to Bitcoin (BTC).

Bitcoin not only has better brand recognition than Bitcoin Cash, but it also hosts many many more transactions, has higher hash power securing the network, has more modes on the network, has liquid options and futures markets on it, and is the main acquisition target in the crypto space for institutional investors like Paul Tudor Jones.

For all of these reasons, and because of its superior network effects, Bitcoin will continue to outperform Bitcoin Cash.

Not investment advice! Consult a financial adviser.

Crypto market caps:
https://coinmarketcap.com/

BTC traffic animation:
https://txstreet.com/v/btc

BCH traffic animation:
https://txstreet.com/v/bch

Thanks to Vulcan Trader for bringing these animations to my attention:
https://www.youtube.com/channel/UCvvEA7l0fu1VO6POq39rUxQ/featured

Bitcoin Cash Lost A Third Of Its Developers Over The Past Year:
https://cryptobriefing.com/bitcoin-cash-developers/

Yet another hard fork of BCH:
https://twitter.com/deadalnix/status/1291000893127696384

List of Bitcoin forks:
https://en.wikipedia.org/wiki/List_of_bitcoin_forks

Map of Bitcoin nodes:
https://bitnodes.io/

Number of Bitcoin Cash nodes:
https://blockchair.com/bitcoin-cash/nodes

https://cash.coin.dance/nodes

Bitcoin Cash hash rate:
https://charts.bitcoin.com/bch/chart/hash-rate#5ma4

Bitcoin hash rate:
https://charts.bitcoin.com/btc/chart/hash-rate#5ma4

Paul Tudor Jones buying Bitcoin:
https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s

CME Bitcoin futures:
https://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

Matthew Kratter is the author of the Amazon best-seller “A Beginner’s Guide to the Stock Market”:
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join

Use this secret coupon code to get a discount: YT99

#Bitcoin
#BitcoinCash

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