Bitcoin Cash (BCH) are focusing on solving the problems of the unbanked by facilitating fast and cheap transactions. Australia is evolving to be the place for Bitcoin Cash transactions. Reportedly, someone in Australia is selling their house for Bitcoin Cash.
Interestingly, a North Queensland’s Fish Market has begun to accept cryptocurrency. The current environment is wisely used to expand Bitcoin Cash adoption and trade. The merchants love the larger profit margins they are able to make. They are also happening because of the contact-free nature of the BCH payment process. The business is likely to find a good uptick in business.
Sydney Ifergan, the crypto expert, tweeted: “Bitcoin Cash (BCH) state that they are not easy and cheap to attack. BCH claims and denies the ease of 51% attack on BCH claimed by fake news publishers.”
There is a clear explanation from BCH on why a 51% attack won’t happen. Adoption of BCH is fundamental to its expansion, and clearly, several investors are already going long in their terms with Bitcoin Cash. Many of them consider this to be the right time to invest.
Roger Ver is prospecting acquisition of Purse io, Bitcoin-based Amazon payments facilitator.
Roger Ver, stated, “Purse is too important for the ecosystem to let it disappear, so I don’t think it’s going anywhere. I’ve been in talks with them a lot, so stay tuned for some more news on Purse.io.”
Roger recently opined in his tweet that one of the best ways to increase censorship resistance was to make sure that Bitcoin is widely used as a currency in daily life. He further stated, “It would no longer be possible to stop it without causing a revolution. Keeping block sizes small without viable alternatives totally killed that momentum.”
Bitcoin Cash (BCH) City Conference Cancellation and Plan Change
It has been announced that the Bitcoin Cash City Conference has been postponed following the COVID-19 Pandemic. Of note, the conference was held due to be run from August 13, 2020, through August 14, 2020.
The organizers expressed their understanding of their disappointment in this regard. Still, they have expressed that the Bitcoin Cash City Conference will come back better and bigger when things become clear.
For the already existing ticket holders, it was announced that they need not submit any requests for returns, but the exact Bitcoin Cash (BCH) will be refunded to the address where it originated from. The organizers also assured that a new date and detailed plan will be announced the sooner the COVID-19 situation is clear.
Credit: Source link