FAQs
Cryptocurrency and Bitcoin Cash is an immensely deep topic. However, like anything, there are some questions which almost everyone wonders about at one time or another. This is a collection of answers that are short enough to digest quickly, but long enough to encapsulate a complete idea.
Pre-FAQ Fundamentals
The FAQs stand alone, however foundational knowledge & background is highly recommended from at least one of:
- The BCH Podcast Start Guide or Episode 85 of the Podcast
- The book Hijacking Bitcoin by Roger Ver with Steve Patterson
- Youtube documentary "Who Killed Bitcoin?"
Any reader arriving with a lot of pre-existing knowledge about BTC should be extra self-aware they were likely influenced by extensive propaganda & therefore much of this material will be unintuitive, confronting or challenging at first.
Every Bitcoiner should also read the original Bitcoin whitepaper by Satoshi Nakamoto. Although there are some technical elements, the core principles and motivations of the project are understandable by anyone. Thorough reading of the whitepaper also contains a lot of answers and clues to deeper parts of the Bitcoin system.
Global Reserve Currency
What do you mean by "Following Bitcoin Cash on its rise to global reserve currency"?
Can Bitcoin Cash scale technically to global reserve currency?
How will Bitcoin Cash onboard the entire world? What progress has been made?
Bitcoin Cash (BCH)
Why Bitcoin Cash instead of another cryptocurrency?
Nothing is perfect, why NOT Bitcoin Cash?
Should (or will) Bitcoin Cash rebrand?
Should (or will) Bitcoin Cash switch to Proof of Stake?
Should (or will) Bitcoin Cash add tail emission?
What about privacy on Bitcoin Cash?
How can I help / contribute to Bitcoin Cash?
What is the maximum Bitcoin Cash blocksize? What is ABLA?
Will Bitcoin Cash lower (or change) its 10 minute block time?
Decentralisation
Is Bitcoin Cash decentralised?
Do bigger blocks centralise nodes?
How does Bitcoin Cash governance / updates work?
Does Bitcoin Cash have a roadmap?
What about Initial Block Download (IBD)?
Tech
Developers refer to the Code page for technical information, resources, repos, where to ask questions etc.
Protocol Upgrades
See MiniSatoshi's upgrade map.
What is the 2025 (Velma) upgrade?
Other
What is 0-conf? Are BCH transactions instant?
What is CashTokens and why is it exciting?
What is BCMRs and why is it exciting?
What is AnyHedge and why is it exciting?
What is Flipstarter and why is it exciting?
Projects
What is the Bitcoin Cash Foundation?
Culture
Culture is an emergent phenomenon of History & Media, so further reading is recommended for any Bitcoin anthropologists.
What's with the green sunglasses?
Media
What about Roger Ver's book Hijacking Bitcoin?
The Bitcoin Cash Podcast
Refer to the About page
What are the references in the Podcast intro?
Why does the Podcast criticise passionate BCHers?
Events / Conferences
Bitcoin Cash (BCH) vs Bitcoin Core (BTC)
There is frequent confusion on this topic around the slander that BCH isn't decentralised. For more on this topic, see Decentralisation.
Is BCH just BTC with larger blocks? What else is different?
Hasn't BTC already won? Hasn't "the market spoken"?
Is Bitcoin Cash (BCH) the real Bitcoin?
What's wrong with Bitcoin (BTC)?
What about the Lightning Network?
If BCH improved on BTC by raising the 1MB block size limit, what if BTC does the same?
If BCH is so great, why is the price (against BTC or USD) so low?
Does BCH have Ordinals / Inscriptions / BRC-20 tokens like Bitcoin BTC?
Doesn't Bitcoin scale in layers?
Why is there so much propaganda in BTC?
Why is there so much censorship in BTC?
Why do BTC Bitcoiners have such a specific vendetta against BCH Bitcoiners?
Will BCH have problems with Ordinals Inscriptions or other "spam"?
Is a 1MB limit needed to "increase creativity"?
Will BCH inevitably run into the same problems as it grows to BTC size?
What about Replace-By-Fee (RBF)?
Won't large blocks either be insufficient or centralised?
Why does BCH already have what BTC wants?
Didn't BTC already increase the blocksize?
How could BTC prove you wrong?
Scams
Refer to the Start Guide about scams page.
See also Cheap Lightning's guide on mercenaries & grifters and Cheap Lightning's guide to spotting scams.
The Bitcoin Cash Podcast covers some of the many scams in cryptocurrency as relevant to Bitcoin Cash, but there is not time to address them all or in great detail. For those interested in deep dives on crypto scams, check out Crypto Critics Corner and Coffeezilla.
Cryptocurrency
Why are cryptocurrency communities so tribal?
In future, can I pay in any cryptocurrency I like?
What is the difference between UTXO & Account model chains?
Commerce
How are goods and services priced in Bitcoin Cash? Isn't the volatilty a problem?
If the value of Bitcoin Cash is expected to go up, why would anyone ever spend it?
Where can I spend Bitcoin Cash?
Onboarding
Where and how can I get Bitcoin Cash?
How can I afford a whole Bitcoin Cash?
Roadblocks
What about the environment? Doesn't Bitcoin mining waste energy?
What if governments ban/regulate crypto?
What if governments make their own crypto?
Other
What about quantum computing? Are my BCH safe?
What if the Internet goes out?
SmartBCH (sBCH)
SmartBCH assets are currently under seizure by an insolvent CoinFlex. This is a complicated situation, detailed breakdown can be found in Episode 52 and Episode 53. Recent updates on Episode 60.
It is critically important to research SmartBCH and understand the risks thoroughly before using it in any capacity at this time. Further updates will of course appear on the podcast where notable change has happened, but The Bitcoin Cash Podcast suggests avoiding SmartBCH entirely at this time.
Is SmartBCH burning BCH coins a problem?