What Crypto Really Thinks About Litecoin's Banking Ambitions
From coindesk.com
It was news that was perhaps too strange for crypto's typically divided reactions. First revealed Wednesday, the Litecoin Foundation, the non-profit that develops the software that powers the sixth-largest cryptocurrency, bought a stake in a very real, non-crypto bank. The move was met with applause and skepticism, but also a stunned sense of disbelief from nearly all sides. Was it a sign that crypto is becoming so powerful it will soon overturn the rule of banks? Certainly that theory was well-represented in the initial reactions... Indeed, the news had imaginations operating at full speed, with some going so far as ...
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