Litecoin (LTC) – Litecoin's SMS service represents a huge step towards mass adoption!

August 12, 2018 Litecoin

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Litecoin "title =" Litecoin (LTC) "/> </div> <p> When we talk about mass adoption scrambled, all the indicators indicate that Litecoin (LTC) will emerge at the top.In fact, up to this point, it is For example , in Australia, where the Brisbane International Airport accepts cryptographic payments, Litecoin is a leader in adoption, the same scenario is replicated all over the world, driven mainly by the #PaywithLitecoin campaign. </p> <p> However, Litecoin (LTC) is to be adopted at an even higher pace, all thanks to the Lite.im of Zulu Republic.This is a project that aims to make Litecoin services accessible through SMS.Through this project, anyone who has access to a mobile phone, can send and receive Litecoin anywhere in the world, via SMS.The best part of Lite.im is that you can send Litecoin to a mobile number, without having to type long cryptographic addresses. </p> <p> One of the implications of this rogetto is that it will lead to a wider inclusion of the world population in the global financial system. Research shows that only 33% of the global population has a smartphone, while over 60% have access to a basic cell phone. This means that all over the world, even the poor have access to a base phone. Therefore, by giving them the opportunity to make transactions via SMS, they will literally get banking services on their phones, services that they would never have access to, in the context of conventional financial structures. Litecoin could in the near future offer them a way out of poverty, since they can start saving small amounts of Litecoin (LTC) and get out of poverty over time. </p> <p> What's more, if people start using Litecoin's SMS service at scale, companies will be forced to start accepting LTC. This is because companies are always using payment methods that are more popular and accessible to their customers. It is simply a case of convenience for the consumer in order to push them to spend. In this case, when people have the opportunity to send money via SMS and do it in a convenient, safe and fast way, it will be in the best interest of each company to accept it as a payment method. </p> <p> Both previous implications all gravitate towards the mass adoption of Litecoin as a payment method. If this service is adopted on a large scale, you could easily see Litecoin replace other payment methods and make Litecoin the default currency for each payment both nationally and internationally. </p> <p> All of these make Lite.im one of the best things that can ever happen to Litecoin up to this point. This is because once brought Litecoin to the masses, the demand will increase exponentially. And with this demand that only hunts 84 million coins, one can only imagine how much Litecoin could go. Even a valuation of over $ 1000 appears very plausible with Lite.im Litecoin SMS payments that come into play. </p> <p> This is reason enough to be bullish on Litecoin (LTC) even if the encryption prices continue to slide lower, with Litecoin trading now under $ 60. </p> <div class=

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