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RE: Is LiteCoin undervalued in comparison to Bitcoin?

in #bitcoin7 years ago

I honestly don't get the use-case for Litecoin.

It just seems that the confirm rate was pumped up, and the halving extended considerably.

I know people make the "silver to Bitcoin's gold" comparison, but I don't think that really is correct. The only active use of LTC that I know of outside of speculation is "washing" funds through exchanges.

Other than being an extended method of anonymizing coins, I really don't get how LTC is terribly useful. The merchant adoption rate is much lower than BTC.

But if you make money trading it, I guess that's something.

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I think the only barrier to it taking off is merchant adoption. Should it get more merchants onboard it could lift off :)

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