RE: Bitcoin the New Way to Pay.. Watch out Visa..--Not..

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Bitcoin the New Way to Pay.. Watch out Visa..--Not..

in bitcoin •  7 years ago 

If you had to compare Litecoin to Ethereum as a currency for exchange. Which would you prefer?

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Litecoin/ Dash I would think and really profitable if LiteCoin (or the Silver of Bitcoin) could reach Dash levels. Etherium is B2b and smart contracts, not necessarily geared towards a medium of currency for exchange.

"However, from a general point of view, Bitcoin and Ethereum differ in purpose. While Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value, Ethereum is developed as a platform which facilitates peer-to-peer contracts and applications via its own currency vehicle. While Bitcoin and Ether are both digital currencies, the primary purpose of Ether is not to establish itself as a payment alternative (unlike Bitcoin) but to facilitate and monetize the working of Ethereum to enable developers to build and run distributed applications (ĐApps)."

https://www.investopedia.com/articles/investing/031416/bitcoin-vs-ethereum-driven-different-purposes.asp#ixzz4zfyGCPj2