Why do many Chinese like Litecoin? Because of the dictatorship

Question

Why do many Chinese like Litecoin? Because of the dictatorship

of the Chinese government, they are not confident about their legal currency. The country may take away their property at any time. Promote Litecoin to the Chinese as a big market.

#blockchain #cryptocurrency #english #ltc

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05.03.2024

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李磊 Автор вопроса

Agent725 https://wallet.hybrix.io ~ freedom of transactions
Exactly. On the hybrix platform (which I am buildi...

great!!!

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4 месяца назад

Agent725 https://wallet.hybrix.io ~ freedom of transactions · Accepted Answer

Exactly. On the hybrix platform (which I am building) we support Bitcoin, Litecoin, other crypto, but also EUR, USD and CNY. Why? Because we believe any governance system can potentially remove freedoms. We want to make sure users have their own freedom of choice. <speech> Litecoin is one of the choices for freedom, no matter if the price is low or high. Its technology has been painstakingly built over the past years to empower people. When LTC was at just 80 cents, I saw it provided yet another path to freedom, while Bitcoiners at the time chided and said BTC was the only one. Time has proven otherwise, and this is the very reason Litecoin may once again rise. It has intrinsic value. Just like the Internet itself, we need freedom that choice and diversity in finance brings. No matter European, Asian, African, Australian or American, the humanity in working together will pave the way. </speech>

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Why do many Chinese like Litecoin? Because of the dictatorship

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