When modern fiat currencies falter, inflation kicks in, and stock markets struggle, billions of people around the world wonder about the value of their money and the safety of modern central banks. Back in 2009, Satoshi Nakamoto did something about this by offering the first crypto currency. Today, there are many forms of crypto currency available beyond Bitcoin, such as Litecoin. Now, 1 oz Proof Crypto Commemorative Litecoin Silver Rounds are available to you for purchase online from JM Bullion.
- Round arrive inside of a protective capsule with a Certificate of Authenticity included!
- 1 of the 6 design issued in Hotco’s Crypto Commemorative lineup!
- Individual serial numbers!
- Limited mintage of only 2,500 rounds!
- Contains 1 Troy oz of .999 pure silver.
- Obverse captures the Litecoin symbol.
- Reverse features the common design element in the series of computer coding.
- Proof silver round.
Crypto currency offers a sense of anonymity that no other form of currency can truly offer. While banks and credit card providers require a name and address to hold money or extend credit, crypto currency exists only the ether of the World Wide Web. These currencies are exchanged often on a peer-to-peer basis through secure networks that track only the transaction and nothing more.
Currencies such as Bitcoin, Bitcoin Cash, and Litecoin are stored in virtual wallets and remain outside the control of federal governments and central banks. Litecoin was one of the first spinoff crypto currencies to emerge following the 2009 introduction of Bitcoin. In all of its technical aspects, Litecoin is effectively the same as Bitcoin.
On the obverse face of the 1 oz Proof Crypto Commemorative Litecoin Silver round is the image of the symbol that has become synonymous with Litecoin. The symbol for Litecoin includes a capital letter “L” with a horizontal line struck through it.
Although technically similar, Litecoin is different from Bitcoin in a few ways. For example, the Litecoin Network aims for processing of blocks at a rate of every 2.5 minutes compared to Bitcoin’s 10 minutes. This is done so that developers can offer faster transaction confirmations. In use, this resulted in the first Lightning Network transaction of Litecoin in 2017. In that transaction, .00000001 Litecoin was transferred from Zurich to San Francisco in under one second.
The reverse side of the 1 oz Proof Crypto Commemorative Litecoin Silver Round includes the design of a networking computer code that hints at the entirely virtual existence of crypto currencies such as Litecoin.
These 1 oz Proof Crypto Commemorative Litecoin Silver Rounds are available to you today with a protective plastic capsule and Certificate of Authenticity. Each round is individually numbered and there are proof visuals that include frosted designs and mirrored background fields.
We encourage JM Bullion customers to call us when buying silver at 800-276-6508. You can also chat with us live online or simply send us an email with your questions.