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Can we take a moment to appreciate how fundamentally good Litecoin is?

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by COINS NEWS 210 Views

Unless you have been living under a rock, you would know by now that Luna crashed in value in a matter of days.

Luna was a seemingly safe coin, being in the top ten and the stablecoin promised what seemed to be safe returns.

Luna promised so much, but like so many things in the crypto space, Luna was just full of hot air, empty promises and flawed fundamentals. At the end of the day it buckled under the weight of a bear market. Leading into a recession the question of everyone's minds is what crypto is next?

And this is why I appreciate litecoin so much. It's had non stop 10 years uptime, no flaws, no hacks and completely secure.

It's survived multiple bear markets, people use it as a medium of exchange and as a bonus it's on the cusp of having a privacy upgrade activated.

People often complain that it's boring. Well as people are discovering, boring and secure are actually two very good and critical things for a crypto currency. Luna was neither good nor secure.

Yes Litecoin is boring, but I like it that way as I know it will always be here, surviving multiple bear markets with 100 percent uptime. It doesn't need hot air and fancy promises because let's face it, that didn't end well for Luna.

submitted by /u/Two_Pickachu_One_Cup
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