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What is Litecoin

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    What is Litecoin?
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    Litecoin is a decentralized online currency created in October 2011.
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    The Litecoin software is completely open source, so anyone can review the code.
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    Litecoin can be used to purchase services,such as website development. Or to buy goods like jewelry or tea.
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    Litecoin provides a safe and easy way for
    merchants to accept money, as there are no
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    fees to receive payments and no chargebacks.
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    All transactions are recorded on a public
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    ledger knows as the blockchain, so payments
    can be immediately verified.
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    With Litecoin, you can send money anywhere
    in the world, to anyone--instantly.
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    The transaction fees are considerably less
    than those charged by major credit card companies,
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    traditional bank transfers, and even other
    digital payment processors.
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    For example, a business in Singapore can receive
    a payment from a customer in San Francisco
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    in a matter of seconds. Additionally, Both
    parties have clear proof that the payment
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    was sent and received.
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    Litecoin works using secure software that
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    allows you to make payments as easily as sending
    an email.
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    You can send and store them securely on your
    computer or mobile device.
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    There will only ever be 84 million Litecoins,
    so you will never have to worry about inflation
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    decreasing the value of your Litecoins.
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    Litecoin has a stable, established marketplace
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    consisting of many exchanges that handle tens
    of millions of dollars in Litecoin trades
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    everyday.
    You can use these trusted exchanges to trade
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    your dollars, Euros and other fiat currencies
    for Litecoin.
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    The possibilities are endless.
    Welcome to the future of commerce.
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    Welcome to Litecoin.
    To become a part of the future and learn more
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    about Litecoin, visit:
    litecoin.com
Title:
What is Litecoin
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Duration:
01:56
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