Bitcoin Attractive In Both Short And Long Term

The two inevitabilities in life: Taxes and Bitcoin forks - David Derhy, analyst, eToro

It was a monumental week for the Bitcoin Cash community, which saw Bitcoin Cash fork in two: Bitcoin Cash Node (BCHN) and Bitcoin Cash ABC (BCHA). 

The key issue for the two development teams was whether to implement an 8% tax on the block rewards provided to miners. The BCHA team was for, the BCHN against. 

Going forward, it will be interesting to see which cryptoasset is regarded as the ‘original’ Bitcoin Cash. Decrypt reports that most exchanges will be focusing on the crypto with the majority of the hashpower, which seems to be BCHN at the time of writing.  

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Disclaimer: This article should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been ...

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