It seems like Charlie's vision for LTC is to be a complement to BTC. Not necessarily better or worse, just different and working together. Once segwit is activated on both currencies, implementation of the Lightning Network is just around the corner. After that it will be extremely convenient to swap BTC for LTC. If you think about it, it's a little similar to having the British Pound, the Euro, and the Dollar. None of the currencies are "better" than the others, and if there are big issues with one of them, people can diversify their assets. I foresee a very bright future for Litecoin. It is extraordinarily underpriced at around 1/50 of BTC, where in all reality it is equivalent to 1/4 BTC. Obviously no one can predict the future, but the more educated I become on Litecoin, the more convinced I am that it is an excellent cryptocurrency. Charlie Lee also has great rapport with the Chinese miners and was able to get them to agree to implement segwit, showing the Litecoin community is somewhat less toxic than the Bitcoin community. Of course, that might change if the value rapidly increases. My conclusion overall is that the negative reputation of Litecoin is unwarranted, as it seems to be built solidly and work synergistically with BTC. Just my two cents lol.