Litecoin Loan

It is faster and more secure and - in purely technical terms - Litecoin is better than Bitcoin. It has climbed the ranks of popularity and trust. Currently it is a perennial top 10 in the markets. Bitcoin price has been growing steadily, but Litecoin prices have made leaps. What is this important? Because as the world moves towards decentralization, so will our responsibility as citizens to decide what currencies we trust and get to use according to our financial strategies and value systems. In the case of Litecoin, should I choose it for my portfolio? Should I consider this as a viable alternative to cash in the future? Let's investigate.

  • Why is Litecoin better? For starters, bitcoin mining is a highly competitive and energy intensive enterprise largely thanks to the hashing algorithm it uses. Litecoin circumnavigates both of these problems with its unique mathematical structure. On average, payments using Litecoin are 4x faster than those of bitcoin, while making it more secure (less risk of double spending attacks).
  • What can I use Litecoin for? Anywhere that bitcoin is accepted (generally speaking) Litecoin can also be accepted and you can see a list here.
  • How can I invest in Litecoin? The easiest way is to purchase it directly from an exchange and then transfer it to your electronic wallet. Beware that exchanges charge as much as 2% for this service. Some popular exchanges include Coinbase, Bitstamp, Binance and Kraken all of them having substantial volume.

If you want to find more information about Litecoin, look at Altcoin Wiki and Reddit.

Bitcoin Lending

Bitcoin lending can be a channel for a steady passive income stream. The best way to understand how a person can make BTC lending work is seeing the parallel with the real estate market: investors buy real estate and rent properties out; so can investors buy bitcoin and "rent them out" too.

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