They tried hijacking Bitcoin to cripple it and make it useless. Real cypherpunks and bitcoiners forked away from the scam and created Bitcoin Cash, the real Bitcoin.

It is a wild story - Hijacking Bitcoin: by Roger Ver - https://odysee.com/@Pantera:f/HijackingBitcoin:7

They tried 51% attacks on BCH before, and failed. BCH is just as secure as BTC. - https://odysee.com/@bitcoin_casher:6/Bitcoin-Cash-51--Attack-Claims-are-Blatant-Fake-News:3

**BCH has it all ** all roads lead to Bitcoin Cash

Instant and cheap transactions.

Massive scale ability.

Privacy

Smart contracts + tokens

Bitcoin name and hijack resistance

Very respectable reply, thanks.

I believe Monero has a place, I like it and use it. However it is not for everyone. There a high technical barriers and UX issues.

I think Monero is for the privacy hardcore minded and techie crowd, this is a niche community.

Wallet sync times are a show stopper for most users. The wallet needs to be instantly available to spend, it can take an hour to sync a Monero wallet on a slow connection.

Transaction spends need to be instantly available, in Monero they are locked for 20 minutes this is impractical in real life.

Monero is notoriously difficult to integrate into other systems and networks, we need something that can be simply added everywhere with minimal effort.

Then there is the issue of scaling. The chain grows infinitely and all data needs to be stored forever. Stress tests have shown Monero can only do 700k TX per day max. This can maybe be doubled with tweaks but to me it feels like the XMR tech cannot go much further.

BCH on the other hand can do 10 million TX per day right now, and likely much more. It has instant transactions and no coin locking. Advancements are in the works to bring BCH to 200k TX per second. Bitcoin Cash is for everyone, everywhere, all at once. This is the difference.

The beauty of smart contracts on BCH is that you get complex power with secure and relatively simple code. Our new freedom money needs all the features legacy finance offers and more.

Advanced smart contracts on Bitcoin Cash - https://youtu.be/o0jeLBJOr8Y

That is exactly why it is the biggest threat, because they cannot ban it.

They have to resort to cultural and propaganda attacks. Most people hate BCH but have no idea why.

Thanks for the positive reply. On BCH 0-conf is secure so the 10 minute block time is not much of a hindrance. There is a proposal to lower it to 1 minute in the future.

Bitcoin needs to continue on, that is why BCH was created, it is the real Bitcoin hence the best cryptocurrency with functionality of all the other chains in one.

Yes, BCH is the biggest threat to entrenched financial powers. It is headed to world reserve currency status and they are scared. Do no miss your second chance into Bitcoin early adoption, you have been warned.

BTC has already been captured by fiat forces, so it is useless no matter what status is gains.

There is no “the market has decided” innovation can flip markets in no time.

BCH is hard money that is also programmable, unlike BTC, Bitcoin Cash engineers are much more competent and have executed on hard programmable money.

Monero as compared to CashFusion used over Tor offers a similar level of privacy. BCH cannot be delisted due to CashFusion, Monero has been delisted. BCH is available on every exchange. There have also been Many cases of Monero transactions being traced so don’t give me that some guy on r/BTC non-sense.

After the fork BCH continued to be attacked, it is the biggest threat to the BTC scam. We survived it all and now are ready to dominate once again.

People are very forgetful about history and easily fall for corporate/state propaganda. So they must be reminded.

Yes, along those lines. Bitcoin Cash has the most advanced UTXO scripting capability. The Monero community should be looking to porting Monero over to BCH as a private covenant.

Then you can mint a Monero token on BCH with Monero’s privacy tech under the hood. In the future everything will be happening on Bitcoin Cash because it is the real Bitcoin. Do not miss your second chance at early Bitcoin adoption.

The Future of Private Currency Transactions at World Scale Being Spearheaded by Bitcoin Cash

https://odysee.com/@CashDragon:6/bch-privacy-future:0

Monero is OK, I agree, but it will not go world reserve currency. BCH has that chance.

Modern money needs program-ability. We have to be able to do finance 100x better than the legacy system.

Monero cannot scale past ~700k TX per day, this is a fundamental limitation to having heavy encryption at the base layer. You may be able to double this with new advancements but it is not even close to what we needed. BCH can to 10 million TX per day right now and will be able to to 10x that with advancements in tech.

That statement by CashFusion devs was made before all the weaknesses were discovered in Monero reducing privacy. Now CashFusion is about on par with Monero. It’s not just for casual privacy, chain analysis cannot trace CashFusion transactions without external data points.

BCH has gone through 3 contentious forks, slammed by intense paid propaganda, and has clawed back into the top 20. There is nothing like that comeback story in all of crypto.

You have to break out of the myopic view about privacy, it is not all or nothing. As always it is a balance and BCH provides the best of all worlds.

There would be no problem with this if BTC actually worked.

Bitcoin Cash is the real Bitcoin. Instant payments and good privacy when you use CashFusion, plus world level scalability.

They don’t have to be. On Bitcoin Cash we have decentralized stablecoins that are backed by on chain collateral and fully audit-able.

MUSD - https://v1.moria.money/

Parity USD (launching soon) - https://parityusd.com/blog/stability-mechanism/

With both BCH and XMR the key is to have multiple outputs in your wallet. Then you can spend as you wish.

The whole issue is just lack of knowledge on the part of users.

BTW, Bitcoin Cash uses CashFusion, this is an upgraded version of CoinJoin beyond anything that is available on BTC or anywhere else.

CashFusion - True Privacy on Bitcoin Cash

https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c

Merchants looking to accept Bitcoin Cash (the real Bitcoin) need to check out: https://minisatoshi.cash/merchants

Right on! 👍 You have a great attitude.

If Bitcoin Cash can develop fully private transactions, even if it is with a private token, while maintaining massive scalability and DeFi functionality that would be great. For those in love with layer 1 privacy Monero is the way to go.

I does not need to be “all private”. You mint a private token and transact 100% privately, then if you want you can burn the token and go back to public. If you stay in the private token then it would be 100% private.

We will see how it all develops. This post is just to inform the Monero community about what will be possible in the near future.

Well it is a bit too early to know exactly how it would work in detail.

The gist is that you could buy BCH then lock it in a contract and mint the private token then use that in a private fashion. So if you spend it with someone then you would lose control over the BCH you locked up and that person who now holds the private token can unlock the BCH and burn the token or just keep the token.

Monero’s weakest part of privacy gets fixed probably around end of the year

Unlikely, I think FCMP is still 1-2 years away from launch. Either way it will not solve the fundamental scaling flaws.

If Monero grows and there are 300k daily tx and a spammer comes in with 300k daily tx (as they have done already) Monero will come to a halt. If they can keep it up for a month or 2 Monero is done.

Bitcoin cash has had 500k tx spikes and no one even noticed. BCH has been tested up to 10 million tx per day. All the privacy in the world is useless if you cannot transact. Thus scalability is more important than privacy.

BCH needs more users so TX volume can sustain the chain, Monero needs to fix the scaling flaw which appears to be fundamental to the underlying protocol. I am betting on BCH 😉

The quantum threat will be solved years before it is ever an issue. BCH will flip to whatever algo it needs to survive. There will be a transition period of years anyway where both algo’s will be used. This is a non-issue.

Looks to me like you are trying to divert attention from the fact that BCH will replace Monero as a privacy coin so you are throwing everything + the kitchen sink into the argument.

No, it is privacy by default. You lock your BCH and mint the privacy token then all your activities are private from that point.

This is the same as taking your fiat or another coin and buying Monero, after which your activities are private. So the same suspicion exists when you go from a non-private asset to a private one.