David Schwartz expressed: There have been over 77 million transactions on the Litecoin blockchain.
Pretty sure the recent move in price didn’t change the fact BTC and LTC are the most challenging, most decentralized, fundamentally strong, and used forms of cryptographically created digital dollars the world has ever seen. The value is in the utility. Always has been. It always will be.
The community, however, is wondering why the price would not reflect this.
On a note promoting Litecoin, David Schwartz expressed that I wasn’t a Litecoin developer. But that isn’t true. I actually am. I develop networks, projects, relationships & initiatives that further the adoption & awareness of LTC & BTC globally. I don’t build code. But that doesn’t mean what I do doesn’t matter.
I was never a diehard gamer, but I loved Civilization and would get lost in it for hours, often going through an entire game in one sitting. However, the guys in LitecoinGaming are diehard. They live and breathe gaming and this org we’re building.
It is self-evident that the people who back Litecoin are serious about their business here.
Failures or victories in the blockchain space both have their impact. Scars are a sign of survival and healing. They tell a personal story, Small or deep; someone survived to tell you it’s tale if you’re willing to listen.
Indeed, Inflation does not = greater wages Inflation = greater disparity ‘Hedgeucate’ yourself on the following: What is the Federal Reserve? What is hyperinflation? What is fractional reserve lending? What are bonds? We’ll be here waiting for you when you’re done.
No matter how advanced someone is in the financial world, some financial basics will never change. Therefore, it becomes indispensable to get to know history.
I am pushing for LTC adoption where the 15-35-year-old demographic of future users is a no-brainer. Those involved in the project from top to down are hyperactive in the background to make this a success.
Litecoin Transaction total vs. transaction total fees vs. Total transaction volume (2017-2021) The cost for transferring LTC in 2017 was more expensive because more was moving per transaction + more expensive costs In 2021 = > transaction volume + > transaction value per day + cheaper transaction costs = less cost per transaction
This means an improved Litecoin via version 0.18.1 + less $ moving in the average transaction = less total overall transaction fees per day LTC transactions per day are up, total value moved per day is yet costs are drastically lower All this while fees for other coins go up.
When someone said while it is decent enough but not enough to compete with the DeFi Mania, LTC advocates stated, Litecoin does not need to compete with DeFi. Clarifying stating, LTC is currency, DeFi is finance. Similar, but not the same. Further stated that as opposed to LTC adoption DeFi – DeFi is adopting LTC at Wanchain in cross-chain adoption.
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