Precisely. LTC was, and is, a scam.
But, much like dogecoin, it proves to us that the fundamentals of how a crypto might work, as outlined by satoshi, are, in fact, not anywhere near as delicate as he thought.
Doge: Zero diff coin of infinite inflation has more market cap than we do, none of the users have any damn clue how it works or how fundamentally horrible it is, and it brings absolutely nothing to the table.
Lite: Calling yourself silver is all it takes to snatch up hundreds of millions in stupid peoples' money. Algo that is the 100% opposite of what it claims to be, nobody is smart enough to notice, brings nothing to the table.
Great summary Camo
It seems like we need a catchphrase to attract the masses. "E Pluribus Obscurum" sounds nice and the translations too, but can Latin appeal to the general public as well as the pure genius of "Such wow" or "The silver to Bitcoin's gold"?
Have you learned nothing?
Stupid lies click with stupid people who want to be lied to. If DRK wishes to not be like that, it can't use stupid lies.
I'm not arrogant enough to put myself forward, but I think "E Pluribus Obscurum" is the best fit I've ever read. Thumbing your nose at the enemy by hijacking their own phrase, intentionally holding to the old translation for that express purpose even though we know it's not quite grammatically sound, while describing it perfectly...
From the bottom of the pyramid, we stab at our owners!Haha! Nice one! When you put it that way it's hard to resist.