Litecoin IS, in fact, a shitcoin. 💁♂️
It would behoove you to memorize this one simple chart. 🤙
Discussion
sure ... i also would suggest... it was the stablecoin before stablecoins existed.
It was always MUCH easier to transfer between exchanges Litecoin to take advantage of arbitrage trades on the BTC price than anything else back in the day.
AND ... even now ... its a lot easier to move LTC betwen exchanges than trying to triple authenticate to move even the smallest amount of BTC.
Every coin has its value / use ... and of the "crypto" out there ... LTC has always been a useful transporter of value ... much preferred to using a stablecoin or anything else.
but ... you do you ...
Yeah I remember using LTC for transfers because bitcoin transactions were taking a long time to confirm.
That's largely a problem of the past. With the Bech32 addresses used by Native Segwit and Taproot, transaction times are shorter than ever, and cheaper, too.
In my opinion, you have to get involved with the competition to truly understand the qualitative differences between Bitcoin and alternative cryptocurrencies.
I had my fair share of LTC transactions from time to time before becoming a Bitcoiner, and it served me well.