Litecoin founder Charlie Lee has sold all of his LTC

in #cryptocurrency • 6 years ago

Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin (LTC), the cryptocurrency that he founded in 2011.
litecoin-keychains.jpg

Here is the post

Screen Shot 2017-12-20 at 7.02.46 AM.png

What do you think of his move?

6 years ago in #cryptocurrency by
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     6 years ago 

    I'd prefer he keep a big stake in it. Incentives people! Most of the crypto economy relies on this exact principle....
    IN
    CEN
    TIVE!

    Rational self interest. etc.

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    2 votes
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     6 years ago 

    awesome move

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    5 votes
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     6 years ago (edited)

    wow excellent post
    & very good information & i resteemed your post,,,,,,,,,,
    thnx for sharing a beautiful post .............. my dear friend @felix.mg1

    [-]
     6 years ago 

    Interesting. I don't think selling will make people trust him that much more, as a matter of fact his last update confirms that whatever you do, people will find a way to criticize!
    But if that makes him feel better about running Litecoin, why not.

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       6 years ago 

      He actually donated a year of his mining of ltc... he did not sell off his entire holdings.

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