InvestorsHub Logo
Followers 496
Posts 62722
Boards Moderated 0
Alias Born 08/28/2010

Re: budfoxfun post# 3174

Monday, 10/09/2017 3:04:14 PM

Monday, October 09, 2017 3:04:14 PM

Post# of 3556
According to http://www.techcrunch.com/ companies such as Coinbase has facilitated almost $15B in digital currency exchange in just the first half of 2017, which is 5x more that was exchanged in the entirety of 2016. At this pace the startup may see a 10x increase in transaction volume from full-year 2016 to full-year 2017. REF: (https://techcrunch.com/2017/08/10/coinbase-raises-100m-at-a-1-6b-valuation-amid-explosive-growth/) LITH is looking at localizing the digital currency experience for the US and the purchasers of and will have product offerings out for 2017 catering to the unique each state and its set of purchasing rules and regulations.

LITH sees high growth in crypto currencies especially given that the Japanese government formally recognized the cryptocurrency in April 2017, giving it greater legitimacy in Asia’s richest major economy. There’s been steady growth of international money-transfer services that use Bitcoin to move cash from one country to another. LITH views vertical integration is a necessity and a natural progression of the sector.

$LITH