It is a reality, now content monetization has been configured as one of the fastest growing economic activities in the crypto world, something that we from Hive Blog and its ecosystem know very well given the positive evolution experienced by the HIVE currency and its associated tokens as more people join this way of generating income. Of course, this fact does not go unnoticed among Bitcoin Cash (BCH) developers, who are also aiming to break into this niche.
BCH in recent years has devoted much of its efforts to become the main cryptocurrency for content monetization, to achieve this they have built two social networks where they hope to establish a space of rewards for authors, one is Noise Cash and the other Read Cash, the latter a little more similar to our Hive. The idea is to establish a space where the community uses a well of this cryptocurrency to generate small payments or "tips" to the authors.
But if there is a project that generates suspicions due to the lack of trust that its community fosters, it is precisely the one behind BCH. From the beginning, its developers have shown an interesting talent for Byzantine fights, that is, for wanting to impose their criteria before establishing the peace of consensus. It is important to remember that Bitcoin Cash arose due to philosophical differences with respect to Bitcoin (BTC), claiming that the latter had moved completely away from the ideals of Satoshi Nakamoto, establishing a cryptocurrency to generate wealth but with high deficiencies for scalability, making it inaccessible to the majority.
In order to become the "real Bitcoin", BCH builds its community based on the reduction of transaction fees and the speed of transactions. In this way BCH bifurcates from BTC and anyone could say that the differences would end, but no, within Cash the philosophical perception of the main developers and investors of this project seems more important than the whole, this point is demonstrated with the emergence of the various Bitcoin that emerged later: BTC abc, BTC SV and stop counting.
Trust is the key in this world of cryptocurrencies. Beyond the criticisms of BTC, it has remained structurally stable and solid in its actions, which undoubtedly generates more people interested in investing in this cryptocurrency, while BCH continues to generate doubts in its process of becoming the model cryptocurrency. These doubts are transferred to its intention to be the cryptocurrency of content monetization, so questions arise as to whether Noise or Read Cash will not fork in the future, affecting the income of its users and investors. Only time will tell.