What's the use of bitcoin cash

1.

"Gold and silver are not money naturally, but money is gold and silver naturally." this is a sentence Marx said about money

How to understand? In fact, it is very simple that money is the inevitable proct of the development of human life. In the earliest stage, gold and silver were only used as a kind of metal or a kind of ordinary commodity to exchange things. However, with the development of society, people find that gold and silver are easy to separate, easy to preserve, easy to carry and other advantages, so the suitability of gold and silver as currency is reflected, and naturally evolved into currency

What about bitcoin

2.

In 2008, a pseudonym software developer proposed bitcoin as an electronic payment system based on mathematical proof. The idea is to create a means of exchange independent of any central authority that can be transferred electronically in a secure, verifiable and unchangeable manner

bitcoin is a kind of P2P virtual digital currency based on blockchain technology, which can be traded with the world

bitcoin can be used for many purposes, including providing funds for companies, investing in cash and transferring money free of charge. Bitcoin is usually associated with criminal activities such as drug trading, cyber crime and money laundering, because it is almost impossible to associate bitcoin wallet with anyone

3.

There are two relations between bitcash and bitcoin: bitcash is the bifurcated and competitive currency of bitcoin{ RRRRR}

Second, competitive currency. As the name suggests, they are two competing currencies. It is just like the competition of two kinds of homogeneous goods in the market, competing for market share. In the virtual digital currency market, the market share is so large that more people hold one kind of currency, the number of people holding another kind of currency will be relatively reced, forming a competitive relationship between you and me

in these two relationships, competitive currency is easier to understand, while forked currency is more difficult because it is a technical problem

is the relationship between the two currencies clear now

4. Bitcoin is currently the most popular cryptocurrency in the world. From August 1, 2017, it was divided into two directions. In an event called "hard fork", a new digital currency called bitcoin cash was born. Due to version switching, bitcoin blockchain is forked into two independent blockchains. Everyone who owns bitcoin before the fork is entitled to the same amount of "bitcoin cash" tokens, similar to a dividend in a stock
bitcoin cash (BCC) is a new version of bitcoin with different configurations launched by a small number of bitcoin developers. It is a new type of blockchain asset. At 20:20 on August 1, 2017, bitcoin cash starts mining, and each bitcoin investor's account will have the same amount of bitcoin cash (BCC).

5. Bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers.

6. Bitcoin: also known as "bitcoin", is a kind of network virtual currency. Internet users can use bitcoin to buy some virtual goods, such as clothes, hats and equipment in online games. Internet users can also use bitcoin to buy real goods
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation.

7. It is recommended to call the corresponding customer service hotline for consultation,
if there is no customer service,
it may be that you have encountered a fraud website.

8. In short, bitcoin is a kind of cryptocurrency (virtual currency, digital currency, electronic currency). The professional point is that bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system
bitcoin can be traded on the trading platform to convert bitcoin into RMB.