When modifying this episode, I realized just a few points where I’d wished I’d asked followup questions. I sent them to Charlie by email, and he graciously spoke back. My questions and his solutions are below. — Laura

If you acknowledged that Litecoin had been vastly a hit attributable to it had a market cap of $5 billion, couldn’t the identical logic be vulnerable to impart Ripple and Bitcoin Cash and EOS have been vastly a hit? For Ripple and Litecoin, can’t it be argued that they’ve wide market caps simply as a consequence of their age?

It all is dependent on what you maintain in mind success is. Litecoin became created as a fun aspect mission for me. So as to me, it’s a success attributable to Litecoin’s market cap is 50x what Bitcoin’s market cap became when Litecoin launched.

Age is now not the cause why Litecoin has a wide market cap. There are dozens of cash as inclined or even older than Litecoin that have a small marketcap this day.

And does the $5 billion market cap rate sense when Litecoin is handiest doing 25,000 transactions a day, which is .01% the selection of transactions Visa does per day, whereas Litecoin’s market cap is 1% of Visa’s?

Litecoin is both a retailer of rate and a fee manner. So that you are going to be in a dwelling to’t compare that to Visa, which is now not a retailer of rate. Plus, you are going to be in a dwelling to’t compare cryptocurrency marektcaps with businesses.

If you acknowledged that as soon as crypto is broadly inclined, other folks received’t even know that they’re the utilization of it, to me, that sounds love other folks received’t be responsive to crypto sources as an asset class. Which manner, that they’ll be the utilization of blockchains with out sources interested. Is that what you imply? If this is the case, then who will pick when anybody chain gets inclined vs. one more? And can there be more centralized products and companies interested than P2P networks?

Cryptocurrency is both a retailer of rate and a manner of alternate. I deem other folks will know which sources they retailer their money in, but when they expend it, they’ll now not deserve to know what occurs to that asset to get grasp of it to the recipient. Is also Lightning. Is also atomic swapped for a lot of sources love Litecoin. Or it it would possibly well truly well seemingly something entirely fresh.