Smart Bitcoin Cash will increase the Network Effect of Bitcoin Cash 100 times!
DEFI platforms generate strong network effects. For example, being able to stake your Bitcoin Cash means that there is an additional incentive to hold Bitcoin Cash.
Users will be able to stake Bitcoin Cash securely, generating a return without depending on a third party. The same cant be said about Bitcoin Core as it depends on third parties for any kind of utility beyond the broken store of value narrative. If a person wants to generate a return on Bitcoin Core, it needs to send the coins to third-party rent-seekers. While they could make use of a side chain, onboarding with high fees destroys returns and UX.
I said this before, Smart Bitcoin Cash is a game-changer. DEFI leverages blockchains value network and generates multiple additional network effects.
Bitcoin Core made a fatal mistake, I foresee what I call "The event", A new currency will surpass $BTC market cap when the world realizes Bitcoin Core dependency on third parties means that is incapable of joining the DEFI revolution.
The future is DEFI, the future is Bitcoin Cash.
[link] [comments]