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You should definitely not disregard Bitcoin Cash's price when seeing it as currency, at least at this time. Global events shaking the cryptocurrency market are no joke.

You should definitely not disregard Bitcoin Cash's price when seeing it as currency, at least at this time. Global events shaking the cryptocurrency market are no joke.

Bitcoin Reddit

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I hear a handful of folks saying that BCH's price doesn't matter, since that sole use is to be a currency.

And no, I am not arguing for Bitcoin cash to be a store of value, like Bitcoin. And it is true that Bitcoin Cash's value is underwhelming because it is due to natural growth and not the source of pump and dump schemes.

But it is very concerning now how low it is going. Fiat really sucks, but in times like these, where the crypto market is falling into recession, our crypto falls harder than hyperinflated Turkish Lira or Venezuelan Bolivars, in days. How can anyone use it as a currency if it falls 3-5% for days at a time and barely fights upward? It's like waking up to find an apple for $2, when the day prior was 1 per dollar.

Valuation will get more people onboard to peer to peer cash. Right now we're just not getting it.

submitted by /u/DrankTooMuchTequila
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