I see that phrase everywhere in discussions of litecoin. Please explain what it means. I don't get it.
It's not convenient to use gold to make small purchases, so you need silver. With bitcoins, small purchases are not an issue. So....
It's not convenient to use gold to make small purchases, so you need silver. With bitcoins, small purchases are not an issue. So....
because there are 4 times more litecoins then bitcoins, like with gold and silber. (there is 4 times more silver then gold...)
litecoins are the coins for the little man and easy to mine
- thats it.visit:
http://forum.litecoin.net/
BTC/LTC relationship is a very temporary, tenuous situation lasting months...
Not remotely comparable to the gold/silver relationship lasting millenia.
And MG, thanks for outing yourself as a nut/ignore.
