As an offshoot of Bitcoin (BTC) known as Bitcoin Cash (BCH) surged past $2,000 this weekend, an influx of people reached out to ask the same question: Will Bitcoin Cash pass Bitcoin in terms of value and adoption?
Let's look at the puts and takes of the two to better understand where they differ, my view on each, and why competition between Bitcoin and Bitcoin cash is a net gain for the industry as a whole.
[Disclosure: Investing in Bitcoin is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I own some Bitcoin.]
A difference in priorities
At the end of the day, the two are more similar than different but the major divergence between Bitcoin (BTC) and Bitcoin Cash (BCH) comes down to ranking of priorities.