Is Litecoin Better Than Bitcoin?
𝗚𝗲𝘁 𝗧𝗵𝗲 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗚𝘂𝗶𝗱𝗲 𝗧𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗖𝗼𝘂𝗿𝘀𝗲:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss whether Litecoin is better than Bitcoin.
By comparing market cap, liquidity, global brand recognition, Lightning Network liquidity and number of channels, and other factors, I conclude that Litecoin has been unsuccessful at catching up to Bitcoin.
Even if Litecoin turns out to be a commodity under US law, it doesn't mean that it will be a good investment going forward. Manure is also a commodity.
Litecoin's own founder exited the project completely in December 2017, which can be taken as a strong sign that he didn't believe in its forward viability.
The fact that Litecoin couldn't even make a new high against Bitcoin during the last bull market is another sign that Litecoin is a dying protocol.
Bitcoin is the apex predator of money. Accept no substitutes!
Not investment advice! Consult a financial advisor.
Litecoin used to be much more highly ranked:
https://coinmarketcap.com/historical/20140126/
Coins ranked by market cap today:
https://coinmarketcap.com/
https://coinmarketcap.com/currencies/bitcoin/
https://coinmarketcap.com/currencies/litecoin/
Charlie Lee dumps all of his Litecoin:
https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html
Litecoiners excited to hear Bitcoin maximalists calling LTC a commodity:
https://twitter.com/AltcoinDailyio/status/1593681201457307648
https://twitter.com/MASTERBTCLTC/status/1598893968762150913
Manure is also a commodity:
https://plymouthmnhistoricalsociety.org/2019/05/07/the-rise-of-manure-as-a-commodity/
Map of Bitcoin reachable nodes:
https://bitnodes.io/
Number of reachable Litecoin nodes:
https://blockchair.com/litecoin/nodes
Litecoin Lightning Network data:
https://1ml.com/litecoin/
Bitcoin Lightning Network data:
https://bitcoin.clarkmoody.com/dashboard/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#litecoin
Disclaimer
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