Is Bitcoin Cash a good investment?

Bitcoin Cash offers great utility in terms of being used as a medium of daily transaction with hassle-free instant processing , which is leading to it increasing adoption. Additionally, the continuous development of infrastructure and new innovations being built on Bitcoin Cash will contribute to its growing popularity.

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What is Bitcoin Cash used for?

Bitcoin Cash is designed to be a transactional cryptocurrency that functions as an electronic cash payment system . It’s meant to address Bitcoin’s perceived scalability problem and provide more utility in everyday life — it is designed to be spent, rather than held as a store of value.

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Is Bitcoin Cash the same as bitcoin?

Bitcoin Cash is the result of a Bitcoin hard fork that occurred in August 2017. Bitcoin Cash was created to accommodate a larger block size compared to Bitcoin, allowing more transactions into a single block. Despite their philosophical differences, Bitcoin Cash and Bitcoin share several technical similarities .

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