About Bitcoin Cash

The bitcoin project launched in 2009 when a pseudonymous entity known as Satoshi Nakamoto released the public proof-of-work blockchain. The world was forever changed.

Many years later, full of infighting, chain splits, an explosion of crypto coins and tokens, propaganda campaigns, countless multi-million-dollar hacks, and massively manipulated markets (all's fair in love, war, and bitcoin)... the project is still on a tear.

But why does this page say "bitcoin cash" instead of just "bitcoin?" While the project started as one chain, and the singular tense of "bitcoin" made sense, it unforseeably split into multiple, competing chains. The grammatically singular "bitcoin" now had two parts, and a lot of confusion. In order to differentiate the newly incompatible descendant chains of the bitcoin project, one of them needed a different names... There was a fight over which chain got the original ticker (BTC) and it went with the legacy infrastructure, compromising on the original goal of becoming sound, global money. The chain with the original goal of being sound, global, peer-to-peer electronic cash is now called BCH. The bitcoin project is now a convoluted multi-chain beast with ruthlessly competing communities, like squabbling siblings arguing over the inheritance of the parent's empire. The seemingly trivial difference? Whether growth should happen on-chain (BCH) or off-chain (BTC).

While textbooks could be written about the economics, technical structure, and history of the bitcoin project, all I will say here is that the goal of the project is to create sound, global money. This means money immune to manipulation through inflation. This means freedom from the people printing money at the Federal Reserve, who re-allocate the value straight from our USD holdings via inflation. Even the value of the cash under grandma's mattress is re-allocated whomever controls the Fed's activities decides to print more USD.

So without getting deeper in to the details... bitcoin cash is the most promising chain in the bitcoin project, and the only one that still has a shot at becoming sound, global money. We are happy to accept it, talk about it, and send stickers about it. Shoot us an email at hello@sharksnot.com with any questions. May all our exchanges be mutually beneficial :)