How can ELITE be a currency if ETHER cannot be according to your informations, you doubt the potential of ethereum easily. And how are you so sure that this coin would be accepted by merchants? It is not surprising if you will just stuck in exchanges like of the newly created altcoins.
Ether can be a currency, but it's not its purpose and the ethereum community isn't working with any merchants at all to get accepted as a currency. The purpose of Ether is to pay for smart contract execution and to pay for transaction fees on the ethereum network. That's why we created Ethereum Lite.