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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

Although the FAQs stand alone, the Start Guide, Episode 85 of the Podcast and the Youtube documentary "Who Killed Bitcoin?" are heavily recommended as foundational knowledge and background. Any reader arriving with a lot of pre-existing knowledge about BTC should be extra self-aware they were likely influenced by extensive propaganda & so 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?

Is Bitcoin Cash spreading?

What about privacy on Bitcoin Cash?

How can I help / contribute to Bitcoin Cash?

Will BCH fees rise? Aren't BCH fees low due to low transaction volume? Won't rising volume / price increase fees?

What is the maximum Bitcoin Cash blocksize? What is ABLA?

What are good BCH wallets?

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?

Do ASICs centralise Bitcoin?

What is a soft/hard fork?

Tech

Developers refer to the Code page for technical information, resources, repos, where to ask questions etc.

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 Emerald DAO?

Culture

Culture is an emergent phenomenon of History, so further reading is recommended for any Bitcoin anthropologists.

What is Bitcoin maximalism?

What's with the green sunglasses?

What's with the hotdogs?

The Bitcoin Cash Podcast

Refer to the About page

What are the references in the Podcast intro?

Events / Conferences

What happened at BCH22?

Bitcoin Cash (BCH) vs Bitcoin (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"?

Can BCH flip BTC?

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?

Is there a use for Bitcoin (BTC) for savings like a savings account, and Bitcoin Cash (BCH) for daily spending like a checking account?

Is low hash rate a problem?

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 or other "spam"?

Is a 1MB limit needed to "increase creativity"?

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.

Tether

Cryptocurrency

Why are cryptocurrency communities so tribal?

In future, can I pay in any cryptocurrency I like?

What about Ethereum (ETH)?

What about Litecoin (LTC)?

What about Dogecoin (DOGE)?

What about Cardano (ADA)?

What about Monero (XMR)?

What about Nano (XNO)?

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?

What can I do with $1 BCH?

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 happened with /r/btc?

What's with the name "Bcash"?

Is Bitcoin Cash dead?

What about quantum computing? Are my BCH safe?

SmartBCH (sBCH)

danger

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.

What is SmartBCH?

Is SmartBCH burning BCH coins a problem?

What is a decentralised exchange?

Where can I learn more about smartBCH?