Litecoin weekly spaces

Recorded: April 27, 2023 Duration: 4:50:37

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♪ He's all about making the free world ♪ ♪ He's all about making the free world ♪ ♪ He's all about making the free world ♪
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Alright, what's going on guys? Another week in the books. I guess they're tracking the weeks.
that we've been doing this. It's got to be like, I don't know. How do you approach an eight? We might be approaching week 84. I don't even know. I got to go back and figure out the first week. I think I first did this like maybe early November of 21.
so that would be, I don't even know, let's do the math. We're getting there, we're getting to 78, so 84 might be some time in June, I'll do the math. Anyway, hey, thanks for joining me every week. Been a busy week, if you guys
have been paying any attention, I've been trying to get more stuff going. Finally got another podcast episode up. Had Clint and Lisa on last week or two weeks ago and then Carlos.
with his watches on Saturday. Did the Christie Lee thing? I'm trying to line up some other stuff. I just realized I don't need to like, I don't need to do it all at once. So I'm trying to pace myself a bit. But,
To start out, I want to talk about spending the money, spending in replace. I know we talk about a lot. I was actually going back thinking about if any of you guys followed me in my old account, it was called
called mega chunky buns. And I made a post like almost two years ago, like long before I made this account. I did a video and I remember driving around at my job at that time and
thinking about this whole concept of like network effect that Bitcoiners talk about, you know, that network effect will mean that there will only be ever one money and blah blah blah. I don't think that's completely true, obviously, or I wouldn't be a light-cointer, but I also think that there is some truth to that. And I think that
There's like a limitation to what people can, I don't know, handle as far as a toolbox, so to speak.
If you think about it like a carpenter, there's whatever, 10 different types of hammers. But generally they don't carry 10 different types of hammers. They might carry a regular carpenter.
hammer, maybe a rubber mallet, right? Maybe a sledgehammer, depending on what job they're doing. But generally, they limit themselves to a few. Same thing with screwdrivers or attachments or whatever it might be.
And the reason for that isn't necessarily because like the cost, the money costs of having the perfect tool for every job, but just because there's a, there's like a,
a burden to carrying those tools or remembering where they are, storing them, all that shit. And the same thing can be said for these different monies. There's a limitation to how much people, your average user,
can really grasp, can like keep in their head at one time. So you can't be like, well, if this vendor I'm going to use Dogecoin, this vendor I'm going to use, Dash, and this one I'm going to use Litecoin, this one I use Bitcoin, it just doesn't, it's not logical, right? So people
will gravitate towards using a few tools. It might be three, it might be eight that are viable for enough people to carry around. Like I would say your average user doesn't even really, couldn't even
really tell you the difference from their experience between Litecoin, Dogecoin, Bitcoin Cash, Dash. To them, it works fast. It works very inexpensively. They can carry it in a wallet. There's no real difference to the average user.
So the people who will make the decisions are the ones that are willing to accept certain cryptocurrencies, or like that there isn't this burden to accept 50 currencies, right?
So what drives them to make sense? Like a merchant. If you go to a merchant today, they take