Litecoin being my favorite, here are two wide applicable use cases:
- No property abandonment issues.
There’s a little story here. I opened a bank account almost three years ago. I asked if there were any maintenance fees. She said no. I said okay. It was a “Credit Union”. That just means small bank, if you’re in the U.S. Okay, what’s the minimum deposit to open an account? She said, “5 dollars.” I said okay. 10 or 15 mins of paperwork, no big deal, I opened the account. I left the money in there and didn’t touch it, which is a really good technique. Many would call it saving money. So I returned, but the money was gone. The bank justified taking my money and closing the account due to “inactivity”. If you’re siding with the banker here… It only took them 2 years to steal my money. Other uneducated people would reason it’s only five dollars.
- There is no account fee to open or maintain.
- Opening a wallet doesn’t require any personal information.
- Wallet accessible from the internet.
I thought of a good idea here and possibly setting up a timed transaction would be neat. Having a wallet with autopay would probably require an update to the Blockchain. I would name the feature Optiumuslite Autodaddy. That would be like paychecks, bill pays…
Litecoin has a community of responsiveness. Wham bam MWEB. Taproot. Softfork responsive.
It’s still mostly a store of value, not half art gallery, sports betting, farm to table, investment staking, internet server, with lasers and ■■■■.
Owning 2 Litecoin is still a doable thing and more pleasurable than .0001 LTC. But a Sats a sat.
Trade pairs are decent.
Exposure is high, usually mentioned and adopted at same rate as the BTC.