Pros are super cheap fees and really just as much security as using BTC. I know the hash rate isn't as much, but it hasn't been hacked since inception. I can use it to either buy gift cards for pretty much everything I need, or I will send it to Robinhood to sell it and use on my debit card, which the round ups for my purchases go into my BTC savings. I can also use it to buy silver or gold from Apmex or JM Bullion, then if I need fiat, I can sell that to a local shop.
Also it now has privacy features on the core wallet, so when I my node computer set back up I will have MimbleWimble privacy protection. To me LTC is more of what BTC was supposed to be.
Cons: Well, I haven't found any. 1 LTC = 1 LTC. I earn Hive or HBD and turn it into LTC. Don't care about the dollar value like most grifters in this space. I feel more comfortable having my money in LTC vs the dollar. There are only going to be 84 million, so having 4 LTC is the same ratio supply wise as having 1 BTC. Sure there is some movement when it comes to the dollar value, but if you know how to trade and watch for good supply and demand zones, well, you can trade out at a decent value when you need to.
Thank you.
I learned some very useful information.
Awesome! Glad I could help!