Litecoin founder Charlie Lee has sold all of his LTC
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.
Here is the post
What do you think of his move?
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
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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.