You know who "sucks value" out of bch? literally all

Question

You know who "sucks value" out of bch? literally all

CEXs , which almost definitely all keep fractional reserves. Does coinflex do it? who knows, but i'll just assume they do because that's what CEXs do.

but we also know coinflex reinvests their profits back into BCH - sponsoring things, kickstarting sbch, providing a very attractive token to complement the ecosystem, etc. Something's gotta be there, would you rather it be USDT or flexusd?

#bch #bitcoincash #cryptocurrency #english

0

18.06.2022

9 ответов

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Sovereign Naan

Last I saw, they sponsored a poker game, hired a poker player, and got bch sponsored media to cover it. All funded by bch, w/ no benefit a crude to bch. Only risk and demand draw.

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18.06.2022

Joe Fintec

if that were true you could run them over with bch long like meme stocks

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18.06.2022

🙈🙉🙊

IMO, BCH needs are BCH friendly CEX and a BCH friendly stablecoin. This way BCH stays in the game until fiat implodes (and it will at some point). IMO the average joe still needs to spend money and stablecoin paired with BCH offers that luxury until BCH gets accepted in more places. Here is how I see it working for the average joe. Have a place where you can buy or earn BCH, store in a wallet and swap some to FlexUSD to keep one leg stable (maybe 50/50). Sell BCH for local currency (over P2P) any time you need to spend. This continues until significant merchant adoption Alienating CEXes and stablecoins isn't the way to go I believe.

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18.06.2022

Cheapy 🪐🌭

Sovereign Naan
Last I saw, they sponsored a poker game, hired a p...

This just shows you are vastly unaware of what is happening.

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19.06.2022

Sovereign Naan

Cheapy 🪐🌭
This just shows you are vastly unaware of what is ...

We all have our blind spots and are entitled to our own opinions. Please, enlighten me!

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19.06.2022

Cheapy 🪐🌭

Sovereign Naan
We all have our blind spots and are entitled to ou...

I am busy working on stuff. youtube... duckduckgo... both your friends.

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19.06.2022

Sovereign Naan

I didn't see anything about bch in anything related to that poker event. But if they are actually bringing more demand to bch, then 👌

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19.06.2022

Jeremy

Sovereign Naan
I didn't see anything about bch in anything relate...

FlexUSD is transacted largely on the BCH network as far as I'm aware, paying fees to BCH miners. And just because it isn't splashed all over everything, doesn't mean BCH isn't being mentioned quietly behind the scenes or that people get involved with CoinFlex because of this and then find out they support BCH at a later date. Sometimes the soft sell is what is required.

0

19.06.2022

bitcoincashautist · Accepted Answer

bitcoincashautist

^this

0

18.06.2022

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You know who "sucks value" out of bch? literally all

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