Welcome newbies, here's a bit of Bitcoin BTC and Bitcoin Cash BCH history, do you know why BCH exists?

BTC is now digital gold, store of value, new asset class, and that's fine! It wasn't always like this, though... it was supposed to be more than just that.

Did you know how easy it was to send BTC around back before 2015, when the fees were a few cents so it was viable for tipping people on Reddit, paying for coffee and competing with the likes of VISA! It was advertised as "magic internet money", and magic internet money it was. Scan a QR code, click send, and look at your friend's face as it shows up instantly on his phone! Amazing! It took banks years to achieve that UX with their centralized payment systems. We had it, back in the day.

There was a problem, though. Transactions were rate limited, and when community was small the limit was never reached so all was fine. Think of transactions as seats in the bus. If the bus is half-empty, there's no competition for the tickets. Well, now that it's full, everyone is jumping over each other to get in, and the ticket price goes up.

This led to a technical debate that lasted for years. The creator (Satoshi Nakamoto) meant to remove the limit one day. He disappeared, and the folks left in charge disagreed about how to continue. Some folks wanted to keep the same bus, some folks wanted to make a bigger bus, or a train of buses if you will. Here's what I mean, visualized: https://txstreet.com/v/bch-btc

End result: the big bus team split off. The blockchains up till August 2017 are IDENTICAL. Both BTC and BCH are the same till that point. It was like a crypto reverse merger. One team got the BTC ticker, "Bitcoin" name and brand, the other got bigger buses and BCH ticker and took the "Bitcoin Cash" name. That's the essence of it. The BCH gang wanted the "Bitcoin" brand too, but small bus gang had too much power so they won that battle. Some folks in BCH still didn't accept that, and it works against BCH really because insisting on "BCH is the real Bitcoin" makes it look like a fraud - which it isn't.

BCH can now be used as "magic internet money". BTC can't, not anymore. That should be the selling point IMO. Move past the history of the conflict, it's well documented if anyone cares to look but you can't move forwards if you're looking backwards.

That's the gist of it. I'm not going to talk about price or whatever, this is just an intro. Anyone interested can do his own DD and dig out the details.

PS

BCH successfully ejected a known fraud Craig Wright from the community, and later essentially FIRED lead developers (Amaury Sechet, Bitcoin ABC now) when they lost the way. What other community did something like that? BCH is the honey badger.

PPS

Of all alts, /r/bitcoin hates BCH the most, you'll get shot down for even mentioning it

/r/btc was where the big bus gang gathered before BCH was forked off. Some talk too much about Blockstream, big money coopting Bitcoin, whine about /r/bitcoin censorship etc. but that's not important and makes them sound like conspiracy theorists. It's not doing BCH any favors, but people are people, and on /r/btc they're free to talk about whatever they want. I hope the focus will shift more towards cool stuff in the future!

BCH is magic internet money, that's what matters. Dig deeper, see what's been built and what's being built with BCH. Deep fucking value!