For the longest time only until recently, scientists believed the surface of the sun was the hottest thing in the solar system and it was from this Sun where the earth received most of its heat. New discoveries however due to incredible technological advancements and testing have proven that the earths core holds temperatures which rival the surface of the sun.
Interestingly, this discovery has coincided with a kind of global awakening. Hitherto, man-kinds process of power has been an external exploration. Our fuels have mirrored the suns explosive qualities e.g. all forms of combustion used today are outwardly explosive in nature ie. We blow shit up or burn stuff for fuel, basically. But humans are going through a revolution. The external fuels are running out and we are experiencing the limitations of this external form of combustion. As we reach these limits, we are being forced to turn inward and seek alternative means of power. For example, many new homes are turning to thermal powered heating, drawing on the earths seemingly unlimited power from deep below.
See the thing about the Sun is it is very far away. The further something is away, you could say, the more elite it is. It's just sitting there, thinking the whole world just spins around it, and I guess it does. But you know it's very hard for us to really do anything with that sun. We can put out some solar panels and try and capture some of its radiation, but it's a kind of weak victim-like way of sourcing energy, isn't it? Meanwhile right below our feet there is this source of power, something we can literally feel with our feet.. you know like it has that underground feeling, like the original crypto vibe that was around in the early days before all these muppets got their 2 mins of fame and decided to use the sun for their own egocentric agendas. Now just like it's always been, they tell us what Bitcoin is for. It's a store of value. It's a gold -0.30% replacement. Right? Well, yeah, Bitcoin isn't going anywhere - but it's not everything - and for the first time in crypto history many dedicated hodlers have started seriously diversifying their portfolio to hedge against Bitcoin .
Bitcoin transaction fees are higher than what 99% percent of the avg. slum dogs total transactions are even worth 0.00% . Now if you are in the 1% of people who can afford bitcoin - kudos to you. And there's some trillions of dollars of potential investment that can come from Silver -0.81% and Gold -0.30% holders, sure. Can't argue with that. But Bitcoin as a micro payments? Isn't going to happen. I think it's safe to say Bitcoin has now made the phenomenal leap to being known worldwide as a serious investment. That level is now unlocked. Sealed. Nailed it. Aren't you such a smart little genius for being in early. Next step of growth however is micro payments. Making payments affordable and so easy that the masses can use.
Agility is the key here. Years of debates is not what is needed. Swift shifts. Focused, clear and strong decisions like what we have seen from Charlie Lee and the LTC -1.91% community. But forget about what Charlie is doing - what are you doing? How many purchases did you make today and asked the seller if you could pay with Litecoin? How many lambo dealers did you make an offer, but only if they accept the Lite? How many web cam girls did ask for a private show and tip with the Chikun? Hmm?? Stop waiting for the Chikun to rise, and rise for the Chikun.
Here are the fundamentals I find most valuable about LTC:
The most loyal bag holders in the entire crypto space. Loyalty like that is hard to come by. There’s a reason why Litecoin has been able to garner such long lasting support. No other coin has this kind of dedication from its holders besides Bitcoin
It is the first alt coin which aimed to solve the monopolised mining issues Bitcoin has which still has not been solved to this day. All other alt coins are not Bitcoin replicas - they are Litecoin replicas. A massive perceptual flaw people have made there which has suppressed it’s value is that LTC is a follower and not a leader - the penny will drop and people realise the weight of that logical error.
It’s hype machine is not perfect, but you know how easy it is to hype something? Real easy. Anything can be hyped, even things which have no loyal following. Now apply a hype machine to the coin which has the most loyal and long lasting following.
Branding is newb friendly. Silver to bitcoins gold. Good luck trying to come up with something better than that. If we are truly in the period where adoption of crypto currencies is reaching the masses, simple and easily relatable brand image is going to be worth more than gold. Compare it to 95% of the rest of the coins - show their marketing to your moms and dads and see what they think about ‘hardfork voting’ and ‘proof of stake’ as a marketing message. Those tech upgrades mean literally nothing to 99.99% of the market coming to crypto.
The crypto space is being hijacked by banks and centralised corporations. Litecoin support is a coin we all know as the underdog of crypto. It’s not run by elitists with big pockets and great strategic pump mechanisms in place. We will see an increasing wave of support for Litecoin as we have to pull together and support it or else face the sobering reality that crypto will be run by ethereum and ripple. Who else really stands a chance?
The underdog myth. Litecoin is the oldest underdog. We love the underdog. And who can’t relate to Charlie’s story? A genius who has a vision up against the big giants. Constantly held back as it tried to rise up. And just when everybody thought it was defeated, it rises. It shatters beliefs. Charlie walks away from his reliable and successful job to return his focus to LTC. Right there is a story that every person in the world wishes they could have.
