First off, I'm in no way anti-BCH. I believe it's a better payment protocol than BTC or LN just from functionality.
That being said, if BCH is supposed to be cash, why do I need to hold it? In such a versatile ecosystem, am I not better off holding a different asset like BTC or some stablecoin and simply converting it to BCH when I need to make a payment?
As a traditional example, you would've done better to hold money in gold of assets and convert it to cash as and when required. In cryptocurrency, the liquidity constraints are reduced. Consider BTC as gold (spare me the argument, I know it isn't a store of value as of now, this is just for argument sake) BCAP (Blockchain Capital's security token) as the asset. BCAP appreciates based on value of investments made, BTC (as a store of value) appreciates as well.
So this is my real question. As a form of cash, what is the reason BCH would appreciate in the same way as these other coins? Other than the irrationality and exuberance in these markets of course. Looking for a more grounded perspective.
Sorry if it this is really basic or makes no sense, I'm just trying to get some perspective on this. Just broke out of the anti-BCH bubble and I'm trying to understand it.
Written by: reverseacid
Source: http://bit.ly/2DhNTJl
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