The Litecoin Foundation proudly to hosted the Litecoin Summit 2022 for two days at The Link Hotel + Experience, seeing crypto enthusiasts from all over the world coming together in Las Vegas to learn, participate and network. Being the first Litecoin Summit since the pandemic, hundreds gathered each day to hear from speakers ranging from the creator of Litecoin Charlie Lee to John Bollinger the inventor of the Bollinger Bands through to former WWE star, Danielle Moinet (aka Summer Rae).
The Summit lured a variety of influencers and entrepreneurs from across the globe, each from distinct backgrounds with different perspectives on the trajectory of Litecoin and the space as a whole. Athletes went toe-to-toe on the ‘Sport, Crypto and Litecoin’ panel Though the panelists were from varied professional sports backgrounds, they shared a common passion: bringing the worlds of sport and cryptocurrency closer together, The panel included the NFL’s Garrick Jones, former UFC fighter, Ben Askren, and WWE legend, Danielle Moinet. The most popular talking point: athletes being compensated in cryptocurrency, as opposed to ‘fiat currency’.
One of the more familiar names in trading, John Bollinger - inventory of the ‘Bollinger Band’ - gave the audience much more than a lesson in technical analysis. The pioneer trader debunked misconceptions about cryptocurrency and posited why he believed Litecoin had more potential than almost any other currency (not just crypto!). Bollinger cited Litecoin as one of the “three biggest crypto trading vehicles” in the world. He also emphasized that “cryptocurrency is given a bad name, as not a real asset - but that’s absolute baloney”. Especially as Bollinger sees cryptocurrency - and digital assets - as a viable replacement for fiat currency in the future.
Charlie Lee kicked off the 2022 Litecoin Summit by underscoring the massive adoption Litecoin had seen over the last year, in spite of the bearish crypto market. In his address, Charlie also highlighted the key attributes of ‘sound money’, effectively summarizing his vision for Litecoin and its future developments. Charlie also discussed some of the initiatives the Litecoin Foundation had undertaken in order to improve the ‘accessibility’ and ‘awareness’ of Litecoin, including mainstream coverage - from CNBC to Fox News - and the tremendous statistics achieved through strategic partnerships, namely PayPal, Moneygram, the Litecoin VISA and Mastercard deals and the ability to purchase Litecoin at global ATMs.
For two day the Summit celebrated the best in the crypto industry as well as numerous leaps forward in Litecoin's development. Including, a new lightning-compatible wallet for Litecoin! Features revealed were the wallet’s ability to perform ‘atomic swaps’ (instantaneous swaps between assets), support for opt-in confidential transactions using Litecoin's MWEB and more security and performance focus with Lightning network capabilities! Lastly there was a after party overlooking the Vegas strip! Thanks again to all who attended - in-person and the 1000s via livestream - those who spoke, sponsored and volunteered!