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This is why there are Bitcoin casinos online or Bitcoin Cash casino online platforms, where gambling using the currency can be found on many BTC specific gambling sites.
One other important concept to note on the topic is BTC. In a similar way to how Bitcoin Cash can be seen as a brand new cryptocurrency, bitcoin can be considered an ancient currency. For most of the bitcoin universe, it has been a reliable store of value, that never fails to increase in value with minimal or no transactional costs and also offers significant levels of privacy and anonymity.
As an introduction, I will give a quick summary of the Bitcoin history so far. Back in the year 2009, when its main focus was mining, the value of a Bitcoin was about $0.0009, but it quickly shot up to $0.000026 in 2015, as mining becomes more attractive. It has shot up and then declined in value a few times over the years, including recently when the value of bitcoin dropped to near zero.
Bitcoin Cash is the result of some hard forks from the original bitcoin, called bitcoin cash, and the developers wanted to add SegWit to their blockchain and they succeeded, allowing bitcoin cash to be implemented on a more level playing field with bitcoin.
While that makes bitcoin cash a little bit different that other altcoins such as Ethereum, it is a clear and simple currency that offers great benefits over bitcoin. There are also no transaction fees with bitcoin. This means Bitcoin Cash is more attractive for many people, as it can be used almost anywhere bitcoin is used.
The benefits Bitcoin Cash will bring to bitcoin are that it can be easily spent or saved on many different payment systems. It also has no fees, making transaction costs free with it, which can only be a good thing for bitcoin users. Finally, and most important is that it is easier to use since users won’t need an app to use it.
It is also interesting to note bitcoin cash was started as a development community within bitcoin and has received the backing from major players. This will make it easier to use and use in many places, where there aren’t an established bitcoin communities such as on reddit.
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