Post
Topic
Board Altcoin Discussion
Re: Cryptocurrencies seeing usage as a means of payment
by
Zer0Sum
on 18/03/2015, 01:47:51 UTC
Thanks for replying.

My opinion: Dogecoin is a joke. It brings no benefit to mankind that Bitcoin didn't already introduce, and we're better without it than with it (bigger network effect for Bitcoin). The fact that it has some limited success shows is clear evidence that society doesn't rewards those who benefit society, but those that have good marketing and appeal to the stupidity of the masses.


There is no real difference between Dogecoin and Litecoin other than branding, and tweaks to parameters.

Money is about liquidity... not "tweaks for geeks".

LTC has about 20 times the daily volume of DOGE...
And this does not mean trading or scalping or pointless block masturbation like many PoS coins...
It means people actually conducting commerce (moving money) in LTC.

There are literally 100s of payment processors in Asia, Middle East, and Africa...
And they ALL process BTC and LTC (and there is no universal 3rd coin, XRP mostly only on Ripple network)...
If you need to send $50,000 to anyone, anywhere... you can only use BTC or LTC.

Amazingly, there is no 3rd option yet... this is wide open for some new coin.