nicholas Constable Weybridge - Bitcoin And Litecoin - What's The Difference?

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Nicholas Constable Describing What Is Litecoin?
nicholas constable weybridge
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Gold and silver

• Proponents Of Litecoin Often Refer To It As
  Acting As Silver To Bitcoins Gold. Its An
  Interesting Metaphor Which Stands Up To Scrutiny
  While One Unit Of Litecoin Is Certainly Less
  Valuable Than One Unit Of Bitcoin, Both Are
  Commodities Which Are Used As A Store Of Value.
• Like Gold And Silver, Bitcoin And Litecoin Are
  Distinguished From Each Other By Their Available
  Supply. The Bitcoin Network Has Been Built So
  That There Will Never Be More Than 21 Million
  Coins In Existence. The Eventual Supply Of
  Litecoin Will Top Out At 84 Million, And This
  Discrepancy In Size Of Supply Is Another Factor
  Which Has Brought About The Gold And Silver
  Analogy.

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nicholas Constable 

• While The Analogy Stands Up Today, Its Worth
  Remembering That Neither Bitcoin Or Litecoin
  Actually Are Precious Metals. They Are Computer
  Applications Which Use Different Methods To
  Achieve The Same Results Enabling Transactions
  In Digital Currencies. Litecoins Faster Response
  Times May Eventually Lead To It Becoming More
  Useful That Bitcoin, And Their Relative Value
  Could Change Dramatically, Perhaps Meaning One
  Unit Of Litecoin Becomes More Valuable Than One
  Unit Of Bitcoin. While This Seems Unlikely Today,
  Its Worth Remembering That Cryptocurrencies Are
  A Very New Thing, Compared To Gold And Silver
  Which Have Been With Us For Millennia. The
  Mechanisms Around Their Supply And Demand Are Far
  Less Well Understood.

nicholas constable weybridge
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Where can I buy Litecoin?

• As One Of The More Established Cryptocurrencies,
  There Are A Fairly Good Number Of Options
  Available To Anyone Who Wants To Buy Litecoin
  Whether Its To Spend Them, Or Just As A
  Speculative Investment.
• Coinbase Lets You Use Credit Cards And Debit
  Cards To Buy Them With Fiat (Government
  Controlled Centralized Currencies Like Usd Or
  Gbp) Currency. Litecoinlocalmatches Buyers With
  Sellers For Peer-to-peer Trading. Many Other
  Cryptocurrency Exchanges Including Binance And Bit
  trex Allow Trading In Different Pairs Of
  Cryptocurrencies, If You Already Have Bitcoins
  And Want To Diversify Your Crypto Portfolio.

nicholas constable weybridge
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Where can I spend Litecoins?

• Although Litecoins Are Still Not Quite As Widely
  Accepted As Bitcoins, There Are A Few Options If
  You Dont Want To Hold Onto Them In Case They
  Rise In Value.
• Overstock Is The Closest Thing To An Amazon Of
  Cryptocurrency, With A Wide Range Of Home Goods,
  Electronics And Fashion Available To Us Buyers.
• A Wide Range Of Jewellery Can Be Bought With
  Litecoin (As Well As A Number Of Other Cryptos)
  At Cryptojeweller.
• Clothing (Mostly Cryptocurrency Themed T-shirts)
  Can Be Bought At Cryptoverge.

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nicholas Constable 

• If You Want To Maintain Anonymity When Buying VPN
  Or Anonymous Email Services, Then Many Providers
  Including Torguard  And Nordvpn Will Accept
  Payment In Cryptocurrencies Including Bitcoin And
  Litecoin.
• And If You Fancy Converting Your Digital Gold And
  Silver To Real Gold And Silver, Then Coaex Allows
  You To Trade Bitcoin Or Litecoin For Bars Of
  Precious Metal.

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nicholas Constable 

• Of Course, This Is Really Only Scratching The
  Surface, To Show The Wide Range Of Goods And
  Services Which Are Gradually Becoming Available
  In Exchange For Litecoin Or Cryptocurrencies. A
  More Comprehensive And Frequently Updated List Is
  Available On Reddit.
• Bernard Marr Is A Best-selling Author Keynote
  Speaker On Business, Technology And Big Data. His
  New Book Is Data Strategy. To Read His Future
  Posts Simply Join His Network Here.

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