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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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.
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
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.