Litecoin founder Charlie Lee has sold all of his LTC

in cryptocurrency •  7 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.
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Here is the post

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What do you think of his move?

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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.

awesome move

  ·  7 years ago (edited)

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

Wow excellent post ... @madwallace

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.

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