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RE: l

in #news5 years ago

Dear Piotr and @blockshine,

In my opinion, though there are a lot of companies adapting the LCO, it would take a lot of time for the general public- especially those who are cautious with their investments to fully accept them because:

  • the company needed to prove that they are trustworthy and that takes time to cultivate

  • that the LCO, unlike the rest of the "novelty" coins out there have shelf life and outstanding security

  • Aside from Japan, the company should cultivate another country to gain the general acceptance of the populace. The Japanese are more open to "new" things because of their endless innovations. So another country preferably not as tech savvy as Japan to build the reputation and confidence in the LCO is a must.

I have no personal experience with LCO but I think that at this stage- most probably within this first quarter of 2019, its value and general adaptation outside Japan would depend on how BTC performs. Yes. Its difficult to accept but for most of us, me included, all other tokens or any block chain related currencies are still related to BTC.

If LCO is able to build its reputation, I think that even if BTC will plunge later this year, LCO will not be affected as there will be some around who could attest to its quality, reliability and security.

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Hello @blockshine! I had been following you since @crypto.piotr "referred" your link a week or two before. You guys sparked my interest in the technology.