The whole "Bitcoin vs Litecoin" makes absolutely no sense. Or at best, about as much sense as the "silver to Bitcoin's gold" analogy. The two are completely separate and do not compete nor were they designed to compete with each other (IMHO they're more complimentary than competitive). I'm surprised that people ITT have thus far neglected to mention that Litecoin can offer an additional layer of obfuscation for other cryptocurrencies, including Bitcoin. In fact it's probably the only other chain that has sufficient volume to support this role and that alone makes it unique among alt chains and valuable in itself.