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Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. Scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.
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Thanks for the great content! Made a 10% profit within a week from your last video, OMG!!! I’m considering XAI94X, DOGE, and AVAX. Which do you recommend? XAI94X looks interesting, but I trust your judgment.
Thanks for the great content! Made a 10% profit within a week from your last video, OMG!!! I’m considering XAI94X, DOGE, and AVAX. Which do you recommend? XAI94X looks interesting, but I trust your judgment.