I jumped to 12:14ish. Merchant fees? Who cares? Get rid of them and then you've wiped out probably hundreds of thousands of jobs. There's ALWAYS going to be some middle man trying to get theirs. If there's not, then those people will be out jobs and will likely cost us more having to deal with a bunch of out of work credit card company employees.
And then factor that there is literally nothing backing litecoin outside of the community that uses it..... and converts it to dollars to buy actual things.... once they get said litecoin.
It's a flipping scheme by crypto "exchanges" to simply skim a smaller fee off of people to essentially convert a useless currency, into currency they can actually use.
www.youtube.com/embed/P4kTCwXgu9Y