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1  Economy / Economics / Litecoin revolutuionises - Bitcoin doesn't on: July 20, 2015, 09:25:56 PM
A revolution starting with bitcoin will be finished by litecoin

The revolutin is about who is in control in society, who has the money. Those ones who as humans excell in humanitarian skill like reading wriring long articlec and giving big speaches. Or thosse who can think and count and create systems and measure their working efficiency.

The main story beind bitcoin was that everybody could mine it wiht a simple computer that everybody had. But it turns out the algorithm it uses for the can very well be hardware accelerated and so on super computers got built by super wealthy people. Naturaly of the already rich people’s money, making them even richer… The technologists at the end who had low end computers did not gain much at the end.

Litecoin has a different algorithm for securing the transactions. It can not be optimised so well for super comuting and hence will leave the transactions' costs within the widely spread technical community. Making some possible disturbances in power  - up until to political levels.

Lately it is obviously no question who should lead a country: who work so much or talk so much!!! The ant or the grig...
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