... simply because it's designed to allow people to sell BCH for BTC so we can get more BTC = more cash
It's the only real reason BCC exists.
so easy but seems like I didn't understand it before! actually I think this is an ingenious idea in the first place.
It's also why they told everyone not to keep your BTC on exchange. Because the Bitcoin Cash devs and their friends did just that.
Selling 1 BCC for 0.44 BTC --> more BTC --> more CASH. It's an ingenious idea tbh, and it worked! Millions were made. Millions are still made, even at 0.1!
Aha! Someone cracked the code! I always wondered why it was called Bitcoin Cash aside from being a weak rip-off, now it all makes sense to me.
It's actually funny looking at the market value of BCC now, down to $290 and down 30% against their day-to-date value. Really a weak currency and only has a market cap because they have 16M mined already and it piggybacking off of what Bitcoin made.
Well, fine by me. Glad to see the scheme collapse and anyone who was dumb enough to actually invest in it lost money. Good lesson for all.