We are not used to crypto-currencies, so it is no surprise that we are not used to crytpo-currencies doing “hard forks” that give birth to new crypto-currencies.
That is what happened to Ethereum a while back and it justhappened toBitcoin.
Stripping it all down — There was a dispute among the currency developers. Some thought that the design of bitcoin makes it impossible to scale (too few transactions per second in bitcoin are possible). The dispute could not be reconsiled, so the two groups have split.
Welcome to the world Bitcoin Cash, the new crypto-currency.
How will thsi work out? Stay tiuned. No one knows.