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RE: 'Bitcoin Cash' is basically just another altcoin
Seems to me that the best use of bitcoin would be to leave it as it is and view it as a wealth store like gold.
Other coins can fill the gap of a useful service that can cope with a massive transaction volume.
Spliting Bitcoin undermines the whole field.
How do you figure? Core development has been completely bought out by Govt and Big Business (Blockstream, AXA, DCG).
Seems like forking away from government constraints on bitcoin is exactly what bitcoin was built to do. We can't achieve mainstream use with 1MB blocks that only allow for 3 transactions per second. Bigger blocks was inevitable because its what the people want, despite government attempts to stop it.
It's not a split technically,the chinese miners are creating separate hard fork, so its just a new coin