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Right now, the exchanges have only just allowed Bitcoin Cash deposits. I'm not aware of any merchant that accepts Bitcoin Cash. I believe that because of the ma
by dongcarl 9y ago
Right now, the exchanges have only just allowed Bitcoin Cash deposits. I'm not aware of any merchant that accepts Bitcoin Cash. I believe that because of the massive price difference (purchasing power) between Bitcoin and Bitcoin Cash, merchants would have to accept them just like merchants accept different currencies in Hong Kong (RMB, HKD, USD).
- mirimir 9y agoYou can just convert your BCH to BTC.
- dongcarl 9y agoTrue! But that alone usually isn't enough for merchants to want to accept a cryptocurrency. (e.g. very few merchants accept ETH or LTC).
- mirimir 9y agoSure. But my point is that there's no need for merchants to support BCH. Or to keep supporting BTC. As long as it's easy to exchange one for the other. As it is with ShapeShift.