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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.

Note: Although the FAQs stand alone, the Start Guide and the Youtube documentary "Who Killed Bitcoin?" are heavily recommended as foundational knowledge and background.

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?

How does Bitcoin Cash governance / updates work?

What about privacy on Bitcoin Cash?

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?

The Bitcoin Cash Podcast

Refer to the About page

What are the references in the Podcast intro?

Bitcoin Cash (BCH) vs Bitcoin (BTC)

Hasn't BTC already won?

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?

Scams

Refer to the Start Guide about scams page.

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?