After the Bitcoin Cash upgrade, it is BCH proponent known as Mobtwo published a post on the blogging website read.cash called “Bitcoin Cash – Simple Fundamentals.” The editor of the editorial says that believes wholeheartedly BCH will ever catch up BTC long-term. After the blog post read.cash was published, Mobtwo’s article got a tip of $ 10,000 BCH from a single donor because of his strong beliefs.
The BCH supporter known as Mobtwo has been well known in the Bitcoin Cash community for quite some time. On November 18, three days after the BCH upgrade, Mobtwo decided to post a few opinions on the web portal read.cash. The read.cash website is a blogging site powered by BCH payments and it is an extremely popular platform among BCH proponents. At the time of publication, there are 39,963 users on read.cash making money for participating according to the web portal’s statistics.
In the article called “Bitcoin Cash – Simple BasicsMobtwo said that as long as the price for Bitcoin Cash remains affordable, I will continue to buy them every month. This is because, in Mobtwo’s opinion, BCH works “so much better, in many ways.” Benefits include Cash Fusion privacy, SLP tokenization, human readable money accounts, and a much greater network effect than most existing coins.
“This is really easy to understand,” Mobtwo wrote on Wednesday. Try sending $ 10 of Bitcoin or $ 10 of Ethereum or $ 10 of Bitcoin Cash to yourself. You end up only getting $ 2 worth of Bitcoin because $ 8 went into transaction fees. .5 went to transaction fees. But you still get $ 10 in Bitcoin Cash, “added the author. Mobtwo insists that if BTC was a new currency today, with untrustworthy transactions and hideous fees, he bets “no one would want it”.
“This is nothing complicated, just common sense. Would you like to use a slow, unreliable service that charges you $ 8 for sending $ 10?” Mobtwo asked. “You don’t have to be a rocket scientist to know that’s ridiculously stupid.”
The author added:
I am unshakable in my belief that Bitcoin Cash will overtake Bitcoin in the long run because there is no reason people would rather pay higher fees for an inferior, unreliable, slower service. And companies will eventually find that these fees are eating up their margins and that it is no longer feasible to accept Bitcoin, but it is still feasible to accept Bitcoin Cash.
Towards the end of the editorial, Mobtwo emphasized that BTC looks more like a pyramid scheme and he believes the truth will eventually prevail. The BCH proponent also said there are a good number of people who wish they could go back in time and buy bitcoin at a lower price, and with BCH they still can.
“What makes Bitcoin popular in the first place is exactly what Bitcoin Cash is today, the ability to freely conduct peer-to-peer on-chain transactions with anyone anywhere in the world for less than a cent,” emphasized Mobtwo.
After the publication of the post on the read.cash platform, the well-known BCH investor Marc DeMesel Mobtwo sent a generous donation of $ 10,000 worth of bitcoin cash. Mobtwo was extremely grateful for the donation and wrote, “I am literally trembling with Marc DeMesel’s generosity,” he said after receiving the huge tip. “That’s super motivating and I’ll work harder to keep increasing the value of Bitcoin Cash,” added Mobtwo.
“The fun is mine Mobtwo,” DeMesel replied. “The article is really good. It sums up very well, in plain language, why Bitcoin Cash is a great opportunity. “After the tip, some BCH fans discussed the $ 10,000 tip sent to the author on Twitter and Reddit forums. Certainly a donation of $ 10,000 in digital currency says something about the commitment of the crypto community.
What do you think of the $ 10,000 bitcoin donation to Mobtwo? Let us know what you think about this topic in the comments below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Read.cash,
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