Ok so I have a question.
I’m interested in Litecoin but I don’t understand.
Bitcoin can’t really be used as a currency , it’s more like gold.
Isn’t it the same for litecoin ? It’s faster, lower fees, but it’s too volatile.
I might be a dummy but for Litecoin to do well, it needs acceptation but let’s say I buy something worth 200$ with litecoin, the coins i sent could be worth 120 the next day. What merchant is stupid enough to accept that ?
Or maybe litecoin is the silver to bitcoin ?
Originally from Litecoin https://ift.tt/38zyIet
Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.