As some of you people may know who heavily is invested in Litecoin, yesterday was supposed to be the official launch of the Litepay Debit Card and we would be able to order one so we can use our Litecoin to purchase things in the real world with the card. And also give merchants the ability to accept Litecoin as payment in the not so distance future.
But unfortunately, the Litepay debit card has been delayed until further noticed thanks to credit card companies like VISA and Master Card going against this ideas to use cryptos in a debit card and did not wanted to partner with them. It's a real shame.... especially that they know that they see cryptos as a threat to their long term business success.
What REALLY sucks is that this crap had to be directly announced by the Litepay company THE SAME DAY OF THE SUPPOSIVE RELEASE!!!
Here is the email that Litepay sent us:
So at least the merchants are going to be able to sign up for this and soon they should be given the tools needed to eventually be able to accept Litecoin as form of payment. So... not all hope is lost. Eventually we will get a Litepay debit card, right? Just disappointed that it did not happened at the day they promised and did not gave us a heads up on the delay at least a few days prior to release... But this post that Charlie Lee posted on Twitter does give some more hope:
When he says that Litepay is not paying with Litecoin directly, I think I understood what he meant about that. What his goals are is to be able to PURELY pay with Litecoin without the use of banks of converting to fiat currency. But paying Litecoin and transfer it from one Litecoin wallet to another.
I really hope moving forward things will get better soooo.... Litecoin will not be getting any price spike anytime soon as it seems... but there are still many great things coming to Litecoin in 2018. Only 2 months has passed in 2018 so far so let's all have hope for all those believing in LITECOIN! :)
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