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RE: Could Litecoin Replace Bitcoin?

in #bitcoin8 years ago

Not for me.

There's absolutely no reason to compare digital information to gold or silver.

The comparison is subjective, and although I see it too, the reality is not like that at all.

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True you can't make anything out of digital information in the same physical way but then again gold and silver are bulky, hard to transport and in some respects more difficult to secure.

I also believe they will keep co-existing. Maybe not as "silver" and "gold", but in some way anyway.

Watching diverse cryptocurrencies evolve and the evolution of blockchain technology will keep being exciting. We are just at the beginning of this stuff.

It could literally change the world.

I agree with you on this, silver and gold are physically different, the differences can be SEEN. Litecoin could very easily replace Bitcoin, or Bitcoin kill off Litecoin all together. There's no need for both to exist.