Bitcoin Cash (BCH)

 

Bitcoin Cash (BCH) – Highly Accepted Around Keene

 

Bitcoin Cash Accepted Here Sticker

Look for this sticker on local businesses’ doors in Keene!

What is Bitcoin Cash?

There are over 4,500 cryptocurrencies in the world as of December of 2019 and Bitcoin Cash (BCH) is one of them, so why should you care?  Bitcoin Cash is crypto intended to be used as a currency, the way Satoshi Nakamoto intended. Bitcoin Cash is accepted at multiple mom-n-pop businesses in downtown Keene and the Monadnock region.

What makes Bitcoin Cash different?  Bitcoin Cash was the first cryptocurrency to “hard fork” from the original Bitcoin (BTC) blockchain in 2017.  The supporters of Bitcoin Cash argued their coin was more true to Satoshi Nakamoto’s vision that cryptocurrency be something that people use as a currency, not just hold.  Since then Bitcoin Cash has added interesting features such as its “SLP tokens”, which allow any individual or company to create their own cryptocurrency “token” and trade it, give it away, or whatever.

Most local merchants who started by accepting Bitcoin (BTC) are nearly all now also accepting Bitcoin Csah.  The fees to send Bitcoin Cash are usually less than a penny’s worth, so customers are happy to use Bitcoin Cash instead of Bitcoin (BTC) as Bitcoin’s fees are usually more expensive.  New Hampshire customers are even happier when they look in their wallet after sending their Bitcoin Cash to pay the merchant, and notice that they got some Bitcoin Cash-back!

Now in New Hampshire:  “Bitcoin Cash-Back”

New Hampshire-based company Anypay had incredible success when in 2018 it launched its innovative DASH-Back program to incentivize people to spend their DASH.  Later that year, they also launched Bitcoin Cash-Back!

With cryptocurrency, there’s a natural disincentive to spend something that could (and over time has) gone up in value.  However, if you could get a discount in real life, instantly, just for spending Bitcoin Cash, perhaps you’d be more likely to spend Bitcoin Cash than choosing to use dollars.  Anypay has made Bitcoin Cash-Back possible – but not for online Bitcoin Cash usage –  with Bitcoin Cash transactions that happen in real life at New Hampshire-based merchants who are using the Anypay platform to accept payments at Point-of-Sale. Here’s a detailed article explaining why and how DASH-Back works.

It’s really cool and worth a try – you don’t have to sign up for anything.  Just spend some Bitcoin Cash at one of the various downtown Bitcoin Cash-accepting merchants in Keene and then watch your wallet to see how much Bitcoin Cash you get back – it usually only takes a moment.