Charlie Lee, the creator of one of the biggest cryptocurrencies in the world, Litecoin [LTC] recently delivered several intriguing answers during an interview with SFOX. In one of the responses, Lee stated that he is not motivated by financial perks to work on the progress of Litecoin. Rather, he sees the cryptocurrency as his child, who he wants to succeed.
In the recently held Litecoin Summit, Lee presented a talk on Litecoin’s ecosystem, covering all the factors, such as crypto-adoption, sound money and selling all his LTC. Here, the computer scientist admitted that he had sold all his LTC at an all-time high. However, the reason for him taking the decision was not to earn profits but to safeguard decentralization within the ecosystem.
https://ambcrypto.com/litecoin-ltcs-charlie-lee-discusses-incentives-other-than-profits-to-work-in-the-ecosystem/
