What is BitCash?
By combining the advantages of cryptocurrency (speed, privacy, decentralization, low fees) with traditional fiat banking systems (transaction records, account names, electronic statements, accounting software integration) BitCash is the world’s first truly decentralized cryptocurrency designed to facilitate real world trade between consumers and merchants with a goal of becoming the world’s most used cryptocurrency.
The World's First Privacy Coin Without Bad Actors
Cryptocurrencies have a problem. The blockchain (the network that stores transactions) is public, that means anyone that knows your wallet address can see your transactions. Privacy cryptocurrencies such as Monero attempt to solve this however, law enforcement agencies despise this as it fosters illegal activity including tax evasion and money laundering. A growing number of governments and exchanges have banned privacy crytpocurrencies.
This is where BitCash comes in. BitCash uses a sophisticated algorithm to make sure your transactions are private to the general public. However, the BitCash blockchain has a master-key that enables governments, law enforcement agencies and exchanges to explore the network as if it were public - similar to the Bitcoin network. This is best of both worlds -- just like your bank account where you have "Safe privacy". Privacy from prying eyes that deters illegal activity.
Bitcash is the first and currently only cryptocurrency to provide "safe privacy".
Accounts with nicknames
With named accounts, there is no more fiddling with messy blockchain addresses designed for geeks and crypto enthusiasts.
Stored transaction records for book-keeping and records management
Buyers using BitCash can enter in a private record which is only visible to the buyer and seller - this creates stored transaction records making it easy to see where your money went, manage your cashflow and plan for taxes..
Instant and low cost international money transfer
Using the power of blockchain and super fast transaction speeds, BitCash allows you to send money across the world faster and cheaper than traditional banking.
Send Bitcash to anyone, even if they don’t have a Bitcash wallet yet
Just like PayPal, Bitcash allows you to send money to anyone via email, chat or sms if they don’t yet have a Bitcash wallet, making paying bills, or sending money to friends and family a breeze.
Create various accounts within your wallet
Just like your normal online bank account, the BitCash wallet will allow users to create and label various accounts within the one wallet to help consumers and merchants organise their transactions.
