All language subtitles for 3. Total Number of Litecoins Circulation

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:04,990 --> 00:00:15,120 Don't liberals like coins in circulation the total number of light coins that will be mined would be 2 00:00:15,180 --> 00:00:16,840 84 million. 3 00:00:17,160 --> 00:00:21,080 Meaning that there would be more like coins then Bitcoin. 4 00:00:22,070 --> 00:00:22,850 Dreadful. 5 00:00:23,930 --> 00:00:31,190 Like gleans a little taken into black because eighty four million is a total number to be mined. 6 00:00:31,250 --> 00:00:33,930 It cannot be mined more. 7 00:00:33,950 --> 00:00:44,930 Therefore this might lead to more liquidity than Big going whereas it might also mean less value for 8 00:00:44,930 --> 00:00:48,060 the light going than Bitcoin. 9 00:00:49,190 --> 00:00:56,830 You need to understand that liquidity is not going to be necessarily true because you Glenn like Daken 10 00:00:56,840 --> 00:01:00,970 divide right coin into smaller fractions. 11 00:01:01,100 --> 00:01:07,790 Example if Gurd you can buy zero point zero a one light coin day can make it that you can buy zero point 12 00:01:07,790 --> 00:01:15,500 zero zero zero or one like coin which in itself won't increase the supply of light going but it will 13 00:01:15,500 --> 00:01:19,230 make it easy accessible by others. 14 00:01:19,290 --> 00:01:23,900 Now understand it if the light going value will rise or not. 15 00:01:23,990 --> 00:01:28,360 You need to understand how the system currently works. 16 00:01:28,430 --> 00:01:36,440 Now people in other states or other countries which have like huge money transfer controls that you 17 00:01:36,440 --> 00:01:39,930 can to send money to like other countries. 18 00:01:40,070 --> 00:01:47,570 The LIKE STOP TO SIT IN do with their money and cannot invest. 19 00:01:47,570 --> 00:01:55,940 So what happened is like going Bitcoin and other digital currencies help them Goderich deep they can 20 00:01:55,940 --> 00:02:05,180 easily track like transfer the money to like going and buy goods from other countries are transfer money 21 00:02:05,180 --> 00:02:06,660 to other countries. 22 00:02:06,680 --> 00:02:07,580 Example of China. 23 00:02:07,590 --> 00:02:13,200 You cannot send so much money abroad because of currency controls. 24 00:02:13,400 --> 00:02:17,750 So you can easily buy like coin or Bitcoin and transfer the money. 25 00:02:17,780 --> 00:02:26,240 Now why would you buy a light going because Bitcoin is really expensive right now so you might consider 26 00:02:26,240 --> 00:02:31,840 something on the basis of lake or something similar to Bitcoin but at a lesser price. 27 00:02:32,030 --> 00:02:40,430 And in that option like going comes in because it offers the same thing and the number one rule in psychology 28 00:02:40,430 --> 00:02:45,500 is you usually go with the same choices. 29 00:02:46,380 --> 00:02:47,570 Again and again. 30 00:02:47,940 --> 00:02:57,060 Example do you would you like to drink any soft drink or like Pepsi or coke or whatever. 31 00:02:57,260 --> 00:03:04,540 So you might have a preference to some fake or brand Pepsi actually as you. 32 00:03:04,920 --> 00:03:13,770 Now if someone comes up to you and cheese EBC brand is also great you might not switch back if you see 33 00:03:13,770 --> 00:03:16,760 that Pepsi is more expensive you might shift to Coke. 34 00:03:16,770 --> 00:03:17,520 Why. 35 00:03:17,550 --> 00:03:19,800 Because they both are really similar. 36 00:03:20,910 --> 00:03:27,760 And Daksha you can shift to coke but you may not shift to any other like chaffering because psychologically 37 00:03:28,120 --> 00:03:36,790 you are more attuned to the black due to black color or to the same branding and therefore you might 38 00:03:36,790 --> 00:03:41,860 shift from Pepsi to Coke but not to some other soft drink. 39 00:03:42,040 --> 00:03:44,520 The same applies to digital currency. 40 00:03:44,530 --> 00:03:51,970 If you already bought Bitcoin so you might do it in light coin which is really similar to Bitcoin then 41 00:03:51,970 --> 00:03:54,250 do any other stuff. 42 00:03:54,310 --> 00:03:54,690 Why. 43 00:03:54,700 --> 00:04:00,100 Because you know it's really the same thing. 44 00:04:00,180 --> 00:04:07,250 However if light one is divided into smaller fractions then the price will rise for two. 45 00:04:07,590 --> 00:04:16,670 It would seem like bonuses and stock market share increases supply but in the long run the price increases 46 00:04:16,680 --> 00:04:18,820 itself up. 47 00:04:18,860 --> 00:04:26,580 Nevertheless people can still use it for audio services and it will make it the default currency for 48 00:04:26,580 --> 00:04:28,980 storing Velt. 49 00:04:29,200 --> 00:04:29,630 Thank you. 4711

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