In this video, I discuss the differences between Bitcoin (BTC) and Bitcoin Cash (BCH), as well as Bitcoin SV (BSV). I consider BCH and BSV to be failed forks and failed projects. As a result, I own only Bitcoin itself (BTC).
BTC wins over BCH and BSV by having:
1) the largest market cap
2) the best trading volume and liquidity (required by large institutional investors)
3) the most well-known brand
4) the highest hash rate (and hence highest network security)
5), the most full nodes (and most decentralization)
6) the most developers
7) the most miners.
As a result of these network effects, it will be impossible for either BCH or BSV to ever catch up with BTC.
Not investment advice! Consult a financial adviser.
List of Bitcoin forks:
https://en.wikipedia.org/wiki/List_of_bitcoin_forks
Bitcoin open source software:
https://github.com/bitcoin/bitcoin
Cryptocurrencies by market cap:
https://coinmarketcap.com/
Global Bitcoin nodes distribution:
https://bitnodes.io/
Number of Bitcoin Cash nodes:
https://blockchair.com/bitcoin-cash/nodes
Number of Bitcoin SV nodes:
https://sv.coin.dance/nodes
https://blockchair.com/bitcoin-sv/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
Hashrate denominations:
https://en.bitcoinwiki.org/wiki/Hashrate#:~:text=1%20EH%2Fs%20is%201%2C000%2C000%2C000%2C000%2C000%2C000,one%20quintillion)%20hashes%20per%20second.
Bitcoin Cash loses 1/3 of developers:
https://cryptobriefing.com/bitcoin-cash-developers/
Paul Tudor Jones buys Bitcoin:
https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s?sref=SUTBRjfG
Bitcoin futures:
https://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
https://www.bakkt.com/bakkt-markets
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
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#Bitcoin
#BitcoinCash
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