All language subtitles for 1. Why is Litecoin Price Rising

Y is like going price rising

demonetization in India have quashed serious change to Indians.

Or Indian economy therefore if you need to send money abroad you can send it now.

Now if you don't know what you want or is this simply countered 86 percent of the people money over

night and Dettol everyone could dupatta the old currency into a bank account.

So now you deposited all your currency all your money into a bank account.

But are you going to draw more than a certain limit of money from 8:00 PM.

So you are stuck with little money and all your money is stuck into a bank account.

And more redtape is introduced since then.

What is very key is that you cannot send money abroad.

You need to get approval from different departments of government.

So the best fit brought in by the Indian elite is like when you can put is like coining India and Celek

abroad and get the money transferred abroad.

Down the red tape of go home and digital currency is now like a news from his bank account.

No one can check it and its secure.

So you dont need to put the money into a Swiss account.

You can simply buy like coin and secure your money like going.

So this is the number one reason why light prices are rising right now.

The Indians are buying even when people in Argentina are Cyprus where there is a debt crisis they're

buying Greece people from Greece are buying it because they know they need to transfer the money to

a secure place.

And banks are not secure because the government can cancel the money at any time they want.

Even in Greece people are concerned that a One-Eyed Greece can opt out of like two euro union and can

say that Euros will not be used from further notice.

Like within the economy.

So if your money is in your bank account and was going to price checked euro and the next morning when

you wake up and go being told that not debt money has been changed from Euro to something else that

is half the price of euro.

And how will you react.

You'll be said Great.

So what do you do if you know something like this is coming up.

You bet you'll transfer your currency from bank account to somewhere else.

Now how do you transfer the money from bank account to something else.

Either you can buy a physical euro notes or you can buy a digital currency like light coin which can

be encashed at anytime you want.

Because in buying a physical currency note you need to secure it.

And there might be many many notes if you have like large sums of money.

So like going is really easy because it's digitally secured and no one can hack it.

No one can steal it.

So you know you can easily cash it anytime you want and transfer for that comes back into your bank

account.

As in when you need it that's why it's like going is it rising fast.

Thank you.