According to founder of Litecoin Charlie lee the future crypto will actually be used as a form of payment but we're not seeing much of that today. My strategy is to help people understand cook the currency bitcoin and litecoin specifically I post a lot about bitcoin. I create a litecoin but I care more about just cryptocurrency in general so my point is to help people understand this space. I created litecoin, as a complementary to Bitcoin so a lot of what I focus on is to help make bitcoin and litecoin succeed, whereas a lot of other cryptos are kind of fighting against bitcoin and trying to overtake bitcoin. I don't care too much about the price of bitcoin and litecoin in the short term I think in a long term they will just grow in terms of price.
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litecoin definitely had a better year, Bitcoin wind up about 10x like coin has gone up about 25 times but I think Bitcoin has had a tremendous year in terms of adopting segments and growing and getting into mainstream media again a lot of investment advice requests from for my ICO'S. A lot of them just want to kind of put my name and their advisor lists to help promote it I've tried to tend I tend to stay away from advising ICO's because I don't want them to abuse my my name and also think that most of the ICO's are just there to to get rich and less about the technology. It's very easy for developers to get in to try to really start on ICO or released or on for can make a lot of money so it's hard to find really serious developers that want to work on improving the blockchain technology and care more about the work the technology rather than making money. I don't think governments fully understand cryptocurrency they think of it as a means for like a speculative investment, they don't realize the potential for good for currency to really become a money and it's better version of better form of money than then fiat currency.I mentioned that people wouldn't even know what's powering their use of money so, whether it be Bitcoin or litecoin they would just send value online or even in person and underlying it could be Bitcoin, litecoin or a combination thereof I think the biggest mistake most people will tell you is spending Bitcoin too early or selling Bitcoin too early. I mean I I've known about Bitcoin since it was $2 so I'm definitely not bought enough and I'm definitely sold at the wrong time or I spent them at the wrong time, I remember using Bitcoin to buy Amazon gift certificates when there were five dollars so I spent like ten bitcoins 550 dollars of get certificate. Nowadays you think about it that was a really bad decision.