BREAKING: Litecoin Litepay Game Changer Launch Date Announced ON FEBRUARY 13, 2018
From Bitcoinist
For years, Bitcoin and other cryptocurrencies have been held back by their limited acceptance and shortage of use cases – keeping them outside the realm of viable “currency.” However, with LitePay only days away, is all that about to change?
HERE COMES LITEPAY
On Tuesday, LitePay, Inc. announced a launch date for its purportedly instantaneous Litecoin (LTC) payment infrastructure – and it’s coming sooner than you might realize.
LitePay was first announced in the days leading up to Christmas 2017, and now – according to a tweet from the company’s Twitter account – LitePay’s infrastructure will be unveiled on February 28th:
LitePay claims to allow businesses the ability to easily accept Litecoin payments, as well as official Litecoin debit cards powered by VISA, thus making cryptocurrency transactions with “digital silver” instantaneous and easier than ever before.
A GAME CHANGER FOR CRYPTOCURRENCY
If successful, LitePay could potentially revolutionize cryptocurrency by truly taking it into the mainstream.
Cryptocurrency, in general, has largely been hampered by minimal use cases, volatile markets, speculative investments, obtuse whitepapers, and shoddy infrastructure among various exchanges — making an already user-unfriendly process that much more inaccessible. It has been argued that until cryptocurrency transactions are truly as easy as swiping a debit or credit card, they will remain outside the realm of the mainstream.
Bitcoin has already smashed up against some serious barriers on the road to becoming recognized as less of a store of value and more of a “currency.” Many vendors who once accepted the gold-standard of cryptocurrency have ceased, citing lengthy transaction times and high fees.
IMPORTANT DISCLAIMER: This article should not in any way be taken as investment, trading, or legal advice. Cryptocurrency investing is risky and you should always do your own due diligence. Ownership of this site holds a position in Bitcoin, Litecoin, Ethereum, and Ripple.
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