LTC Suffering From Half Measures

warning, a bit controversial

The Litecoin bros envisioned that an optional MW would make LTC private enough to swim across Monero's fairly wide moat for the usecase of private fungible digital cash; while being transparent enough to appease the gubment.

Instead it appears that, despite the fact that only a tiny fraction of people even use the optional privacy protocol, LTC's delisting troubles might just be getting started

This is the same thing that happened to Dash and Zcash. They were banned from exchanges, along with Monero, in Australia, and maybe also Japan and S Korea iirc.

Now whereas Monero is a veteran in the landscape of forced delistings and govt attacks, LTC is a newb. Monero has a wide moat, and a well established real world usecase as private digital cash. Strong adoption by DNMs. Proven utility in politically sensitive operations. Solutions in the event of further delistings (we actually pretty much welcome further delistings).

LTC doesn't have any of these things. So it's going to be an uphill developmental battle, and an uphill price battle if delistings continue.