Crypto ‘Currency?’ Only 10% Of Bitcoin Cash Used For Transactions

90 percent of Bitcoin Cash holdings are held as investments and never change hands, new research from Chainalysis revealed on June 8. &#8216;Far Fewer Transactional Users Than Bitcoin&#8217; The findings — which the firm released along with wider insights into Bitcoin&#8217;s money supply in 2017-18 — contrast sharply with Bitcoin itself, which has a 50/50 split between investments and transactions. “It appears that there are far fewer transactional users of bitcoin cash than in bitcoin,” Chainalysis<br />Read More<br />The post Crypto &#8216;Currency?&#8217; Only 10% Of Bitcoin Cash Used For Transactions appeared first on Bitcoinist.com.

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