LitePay for Litecoin Rolls out in 41 Countries on Monday — 70 by end of 2018 - Huge
LitePay is scheduled to roll out in 41 Countries on March 26th — this coming Monday. Furthermore, the network will reach 70 countries by year end.
What is the significance of this?
- Well, businesses can accept Litecoin as payment for good and services.
- Businesses can covert it to local currency or keep LTC or % of for themselves.
- Workers can also be also be Paid in Litecoin with such a vehicle.
Remember - Litecoin has a limited supply of 84 Million coins and 55 Million have already been mined. What happens when Billions of people in 70 countries are using this as a payment vehicle or to be paid?
Over time it creates demand for Litecoin.
Watch the Video below with the CEO of LitePay. I think the part that is interesting is that an independent contractor or people that have NO access to banks all over the world can send an invoice for their work and be paid “directly” in Litecoin — no middleman.
Thanks for sharing this information.....appreciated @floridanow. I think this is the beginning of history being made.....all good.
I think so as well...it’s just a matter of time and marketing for this to drive demand in LTC.
This is great news. One of the big criticisms of cryptocurrencies is their lack of use cases in everyday life. This is changing it. Hope it takes off with all its potential.
I believe over time that many workers who may work as independent contractors etc will also use this as a vehicle for payment ...even in the US
Gonna be big!!
I believe so.
visit and upvote my steemit to. let me step forward in the steemit world just like you
Thank you...will do
I really appreciate it .. thanks a lot.😊
A revolution is coming!!
What an interesting year!!
This post has been deemed resteem & upvote worthy by your friendly @eastcoaststeem ran by Steemian @chelsea88
Thank you very much.