The primary use of a CURRENCY is a medium of exchange. Bitcoin and related cryptos behave more like COMMODITIES.
Could you explain better what a commodity is? This word has no accurate translation in my language and I've never been able to really understand what a commodity is and is not (I think a commodity is something you take for granted and has negligeable value as a consequence, like air or electricity).
Thank you.
BTC will have a ETF in a year + then there is a followup LTC one.
What's an ETF and what it does matter?[/quote]
BTW LTC was never designed to be ASIC resistant, ASIC was a non issue at the time of LTC creation.
Right, it was meant to be GPU-resistant.