You are viewing a single comment's thread from:

RE: LeoThread 2025-01-13 12:29

Even after seven years, misconceptions and false narratives persist.

Sort:  

Charlie openly shared the project's details before its 2011 launch, allowing the public to choose the launch date. He mined and purchased his Litecoin without holding any founder's reserve for years. Litecoin operates without a foundation,

VC backing, and remains completely decentralized.

Concerned about a potential conflict of interest in promoting, developing, and supporting Litecoin given his own holdings, he sold his Litecoin at prices significantly under the 2017 highs, averaging $205.

Since then, Charlie has poured millions into Litecoin through the relevant foundation, supporting businesses, and marketing efforts, such as partnerships with the Miami Dolphins and UFC. The annual Litecoin Summit, costing no less than

$250,000 to organize, further demonstrates this commitment.

Charlie remains actively involved in Litecoin's development, encouraging adoption by new companies and services, and engaging with regulators and exchanges. He also matches all donations intended for updates to Litecoin’s codebase.

It’s time to move beyond misinformation.

Litecoin has no hidden founder stash, no VCs offloading on investors, and no organization scheduling dumps. In terms of unique cryptocurrency features, it's unparalleled, addressing monetary and value transfer issues. It has consistently

ranked in the top 25 by market cap for over 13 years, weathering the storm of countless other projects that have failed investors.

Recognition or respect for Solana, which currently seems focused on creating tokens that lead to financial pitfalls, is unfounded. #Cryptocurrency #Litecoin

Misconception has been from the beginning of time.