Can Litecoin be the reserved currency for Digital Euro?

Written by Piggy Cards

In January 2023, Croatia became the 20th country to adopt the euro as its official currency (European Central Bank link here). Coinciding with this development, a 20th Litecoin address was created and filled with exactly 300,000 Litecoins in December 2022 and completed on February 10th, 2023, correlating with the number of countries in the eurozone ((https://bitinfocharts.com/litecoin/address/LSeYs4tos4oLFBDuYzNj6mtM1BJWTM2PaM)). 

This correlation raises questions about the possibility of the EU backing the blue euro with Litecoin, with each country joining the eurozone receiving 300,000 Litecoins. This potential highlights Litecoin’s role as a digital currency and its potential as a reserve currency.

What is your thought? Feel free to leave a comment down below.

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