Barriers to the mass adoption of cryptocurrency? The opinion of the Creator of Litecoin

We will remind, about the development of Ethereum previously told acne Buterin in an exclusive interview with Laura Tyres from Unchained. Journalists NewsBTC also decided to publish the material, choosing as his guest the Creator of Litecoin Charlie Lee. The developer spoke about the global order before the LTC team, and also named several factors that will be key to the mass adoption of the crypts.

Insides from Lee

Bear market — a great time for productive work on your project. According to Lee, so developers are less distracted by the spontaneous jump rates and just carry out their tasks. For example, at the moment, the programmers of team Charlie are working on the integration MimbleWimble in the LTC blockchain.

By the way, the fall of Bitcoin in 2018 is almost identical to the bearish trends in the past. Lee notes a similar sentiment of the crowd, the patterns on the charts of crypto-currencies and even the magnitude of the fall. He recalls how several years ago people lost faith in the future growth of Bitcoin. We have not yet reached a similar state today.

Source: GoinDesk

Charlie also mentioned the purchase of shares of WEG in the Bank, which is financing the blockchain startups, and then touched on the topic of partnerships Litecoin Foundation with the UFC. It is noteworthy that many sports fans have come to kriptonyte just because of the image of Litecoin in the ring at one of the fights.

Finally, Lee spoke about the two main factors that still hold the stock market from mass adoption worldwide. The first of them — too high a volatility. Second — the issue of protecting the coins from theft by hackers. As long as we fail to “curb” market and find a more suitable technical solutions for storage crypt, expect a boom in the popularity of Bitcoin in the world simply stupid. And this takes time.


0 Comments on “Barriers to the mass adoption of cryptocurrency? The opinion of the Creator of Litecoin”

  1. Hey, how’s it going?

    I want to pass along some very important news that everyone needs to hear!

    In December of 2017, Donald Trump made history by recognizing Jerusalem as the captial of Israel Why is this big news? Because by this the Jewish people of Israel are now able to press forward in bringing about the Third Temple prophesied in the Bible

    The Jewish people deny Jesus as their Messiah and have stated that their Messiah has been identified and is waiting to be revealed They say this man will rule the world under a one world igion called spiritualism

    They even printed a coin to raise money for the Temple with Donald Trumps face on the front and with king Cyrus'(who built the second Temple) behind him On the back of the coin is an image of the third Temple

    The Bible says this false Messiah who seats himself in the Third Temple will be thee antichrist that will bring about the Great Tribulation, though the Jewish people believe he will bring about world peace It will be a false peace for a period of time You can watch interviews of Jewish Rabbi’s in Israel speaking of these things They have their plans set in place It is only years away!

    More importantly, the power that runs the world wants to put a RFID microchip in our body making us total slaves to them This chip matches perfectly with the Mark of the Beast in the Bible, more specifically Revelation 13:16-18:

    He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name

    Here is wisdom Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666

    Referring to the last days, this could only be speaking of a cashless society, which we have yet to see, but are heading towards Otherwise, we could still buy or sell without the mark amongst others if physical money was still currency RFID microchip implant technology will be the future of a one world cashless society containing digital currency It will be implanted in the right-hand or the forehead, and we cannot buy or sell without it! We must grow strong in Jesus AT ALL COSTS, DO NOT TAKE IT!

    Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name ” (Revelation 14:9-11)

    People have been saying the end is coming for many years, but we need two key things One, the Third Temple, and two, the technology for a cashless society to fulfill the prophecy of the Mark of the Beast


Leave a Reply

Your email address will not be published. Required fields are marked *