Post
Topic
Board Altcoin Discussion
Charlie Lee interview with Cointegraph: I am full-time on Litecoin development
by
fred22
on 02/02/2018, 16:03:10 UTC
The article
https://cointelegraph.com/news/charlie-lee-bullish-on-bitcoin-and-litecoin-long-term-short-term-impossible-to-predict

This is part of the interview
CT: Why did you end up eventually leaving Coinbase?

CHARLIE: I left to focus on Litecoin. I’m spending full-time on Litecoin development right now.

CT: But you sold all your stake in that?

CHARLIE: I did sell my coins, but I’m still full-time on Litecoin development. I sold my coins due to conflicts of interest and not because I didn’t believe in the project.

CT: Do you think that any person who owns or works full-time on a cryptocurrency shouldn’t have any stake in their own coin?

CHARLIE: No, not necessarily. I think I’m in a special position because I have such a large social media presence, and I have huge influence on the future of Litecoin and price movement of Litecoin, so I’ve always felt a bit conflicted when I’m promoting Litecoin on social media and see that affect the price. Also the fact it is helping me financially — so I kind of wanted to remove the financial aspect from my work.