EatBCH Demonstrates the Usefulness of Bitcoin Cash Microtransactions
Nonprofit Eatbch Feeds the Poor with BCH Micro-Transactions
For a considerable period, Eatbch, a nonprofit organization driven by Bitcoin Cash, has been feeding hunger stricken individuals in both Venezuela and South Sudan. During the BCH Stress Day, the organization received 3 BCH (over $1,600) in micro transactions.
Since its inception, Eatbch has been the darling of many members of the BCH community. The reason behind this adoration is because the nonprofit is epitomizing the original function of peer-to-peer electronic payment systems, which is to spread economic freedom and help others without the interference of bureaucratic authorities.
Typically, digital currency payment networks neuter applications such as micro-transactions when transaction fees are considered a burden. This practice usually bars people living in impoverished countries. However, the BCH network recently demonstrated that micro transactions can be used differently and still be useful. In this regard, Eatbch received donations amounting to 3 BCH after a series of multiple microtransactions during the BCH Stress Test Day.
As mentioned earlier, Eatbch uses Bitcoin Cash to feed the poor in Venezuela and South Sudan. Due to various reasons, residents of both countries have difficulties in accessing basic needs such as food and medicine. To see the milestones achieved by the Eatbch organization, one can follow one of their three Twitter handles. In late August, some regions of Venezuela suffered an earthquake, thereby impeding the timely delivery of supplies. Nonetheless, Eatbch ensured that the food was delivered, albeit lately. On the other hand, the South Sudan program has been running fairly well. Most of the beneficiaries in Sudan are internally displaced persons and refugees.
Like Venezuela, South Sudan experience severe economic challenges, outdated infrastructure and political instability. However, Bitcoin Cash has demonstrated that digital currency and its underlying blockchain technology can play a key role in alleviating the living conditions of the underprivileged. Evidently, crypto currencies can contribute massively towards the actualization of economic freedom.