All language subtitles for 3. WHAT IS LITECOIN

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Original subtitles

What is a slight coin the most important question of all light going is a peer to peer digital currency

that helps instant transfer and almost zero fees to anyone in the world.

What it really means is it puts into place and digital currency that is no Central Park is involved.

No bank is involved.

No third parties involved.

And it helps is in instant transfer with almost zero fees.

So it's like really threatening that real banking system because why do you go to the bank because it

helps you to transfer money right away or in a banking transaction.

Usually it's not instant transfer.

There's light when it is angry.

Almost zero fees it's completely free.

And that what makes light going.

The next feature rising star.

It is currently the fourth largest country like under market cap.

They don't like going is fully de-centralized an open source without any central authority met Dometic

secures the netbook and head into a completely controlled investment like Quain features improved storage

efficiency.

Then the leading med based currency now by seeing Matt Bates currency I am referring to Bitcoin so light

going really improves the story your fragility and yields to pack light going for offers past trade

volume and liquid Yaghi then a cryptocurrency again like going is proven to be a better alternative

to Bitcoin because light offers Foster transaction confirmation times whereas pit gwain is the old game

it's too slow.

They feel like going is the feature because it helps others to switch to like on an end of the number

one like stuff for like going is light going.

Founder jollily used to work for Google when you develop discourtesy Danny like would do it Coinbase

to reading cryptocurrency exchange market as our director of engineering.

And then he started to work fulltime for like long now.

The real important thing is as he used to work for coin base so he knows how the leading exchanges looks

which the other like of his competitors I believe fully lacking although they will know what how it

really works.

But they won't have the firsthand knowledge that does founder have.

So he will have like an advantage to make like going really popular really easily accessible and access

like accessibility is the one thing that increases the price because if it is so easy for me to buy

like Example you.

It's really easy for me to get by the store either I'm in us in Canada in UK in Europe in any other

state because it's a hard currency and is available easily.

There's all these countries need access to digital currency exchanges.

And the reason why Bitcoin is rising so much is because it's been on all the leading exchanges whereas

all the other currencies which have played far better managed far better technologically advanced currencies

are not at the same rate as Bitcoin example but going into three trillion $3000.

There's very few dollars.

So what's the difference.

The difference is Bitcoin is easily to be blocked where others are not and that's forked like going

find of already knows.

So he will be making sure that he makes light unavailable to all the leading platform.

And in Berlin the price will increase because everyone from all the seven billion people on the world

will be able to buy it.

And once they buy you know liquidity will increase and the price increase for them.

Thank you.

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