Mention Bitcoin to 50 random people these days and you’ll most likely get an array of words back at you… scam, revolutionary, drugs, innovative, pyramid, what? power-consuming etc etc
This is mainly down to a mash of mainstream and alternative media reports over the years (not bitcoins fault).
Although many of the negative ones are slowly dissipating over time some of these views are still popular.
Elon has recently split mainstream media and shareholder opinion due to this.
However, mention Litecoin?..
Exactly!
Over the years Litecoin has pretty much done its job and flown somewhat under the sensationalist media headlines.
From an institutional standpoint, you get pretty much all the financial and technological benefits of Bitcoin… without much of the stigma and media circus.
Perfect for institutional investment.