Categories: LitecoinNews

Charlie Lee: Litecoin [LTC] hasn’t achieved its final objective yet & should have remained anonymous

Charlie Lee, the founder, and creator of Litecoin, recently appeared on the latest Unchained podcast with Laura Shin. From talking about when he bought Bitcoin to Litecoin’s original mission, Charlie Lee revealed some interesting stuff.

According to Charlie Lee, Litecoin’s and even Bitcoin’s mission is to be able to spend them anywhere. But he says it’s far from over, no matter how successful Litecoin has become.

“The general idea is just to have more and more places that you can spend Bitcoin and Litecoin. For it to be truly successful you have to be able to spend it anywhere.”

He also added that he should have preferred staying anonymous like the Bitcoin’s creator Satoshi Nakamoto.

“Being a prominent figure in the community has affected my privacy and also raised concerns over my security.”

Charlie Lee revealed that he bought his first Bitcoin at $30 and the price of Bitcoin immediately crashed afterward to $2. But despite the crash, Charlie Lee was convinced that Bitcoin is the future of payment.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

4 weeks ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago