We have an odd way of missing history when it is made. It is only in hindsight do we realize that something substantial just took place. I think we will look back on September 19, 2017 as the day that cryptocurrency became money.
According to an article on Nasdaq.com, the world's first atomic swap took place yesterday. The transaction took place between DRC and LTC which was first of its' kind and is a huge milestone. Atomic Swaps have been talked about since they first were discussed back in 2013. Charlie Lee, the founder of LTC, made it a goal of his to have atomic swaps are part of his blockchain. In fact, this feature is crucial for his goal to be the "money" for BTC's store of wealth.
This is a game changer. We might be witnessing the move of cryptocurrency into the realm of fiat currencies. One of the arguments against a currency like bitcoin is what if you dont have any? What do you do then? Or what if the item is priced in BTC while you only have LTC? Obviously, anyone who traveled internationally understands this situation. However, in that environment, there is a trusted third party to step in to help, for a price. Blockchain eliminates that need. This breakthrough enables people to seamless move between currencies without penalty. Do you understand how revolutionary this is?
We will see what publicity this move does receive. Considering the crypto world was smashed by the Chinese and Dimon last week, it would only be fair that this major event is reported on outlets like CNBC. Naturally, it wont happen since the media is an arm for the elitists. That said, the move has Dimon shaking in his $2,000 loafers.
Charlie Lee continues to impress. He has a vision and simply goes about implementing it.
Please upvote and resteem this article...this is news everyone who is involved in crypto needs to know about.