2.05.18
It is evident the Super Bowl attracts a lot of attention, this is also true about the cryptocurrencies world.
So far the year 2018 had a bad start, one solution will be a mass adoption.
After the rejection of Visa with all the credit cards, for Tenx or Bitpay. he Litecoin Foundation announced LitePay similar to Bitpay but with lower transaction fees.
Bitpay takes 5%, normal credit cards takes 3% and Litepay will take 1%.
You will be able to withdraw from VISA compatible ATMs and spend with any VISA merchant will be possible.
This service will be operational during Q2 and Q3 of the current year.
My opinion
The market are going down following all the regulations upon the crypto world, it is normal.
It won't fall the price in my eyes will be less volatile to let people use their coins.
Even if Jimmy Song thinks Bitcoin has to be a store of value at the end the market will decide where to take the currecny, even if it is demanding to add some protocols to mask the user wallet number. I think this is a good way to expand Litecoin usage.
Maybe what is necessary is a card that will let you change and uses all the cryptocurrencies in your wallet, instead of one currency.
Cryptocurrency should be a currency and that is what Litecoin is trying to do. Honestly, in five years from now, if Bitcoin is a store of value, Litecoin is a currency, and Ethereum is a platform for dApps, that is fine for me. However, Bitcoin was originally supposed to be a peer-to-peer cash system (i.e. currency). So, it just feels the store of value explanation is just an excuse for its failures (to this point; hopefully Lightning Network will smooth things out).
thank you for sharing your view