Cryptocurrencies have always struggled with the question of legitimacy and recognition, questions that have posed hurdles to their wider adoption in the day to day businesses. However, Litecoin [LTC] seems to be taking giant steps towards the latter. UFC fighter Ben Askren’s recent PSA about Litecoin is just another example of that.
The world of UFC however, is not new to Litecoin, the silver to Bitcoin’s gold. Litecoin was one of the sponsors for the UFC 232 event last month during which LTC’s logo was displayed on the canvas of the UFC octagon. In fact, Google trends suggested that searches for Litecoin had reached a peak following the announcement, another cap in the effort to make cryptocurrencies such as Litecoin more visible to the masses.
Ben Askren’s PSA is a continuation of that. In a video he posted on Twitter, the former ONE Welterweight champion Askren reiterated his confidence in cryptocurrencies and their utility. Askren also called out banks and the high transaction…
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