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Charlie Lee Ⓜ️🕸️
@SatoshiLite
Creator of Litecoin. Cryptocurrency Enthusiast. Ex-Director of Engineering at Coinbase. Director of the Litecoin Foundation.
San Francisco, CA
Joined April 2008
Posts
  • Pinned
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    As we are approaching the 10th anniversary of Litecoin, I figured it's a good time to do a long Twitter 🧵 on the history of Litecoin from my perspective. My memory of events can be hazy at times, so for those mentioned, feel free to add or correct anything I say. Here goes...
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    The flippening (ETH>BTC) will never happen. But the flappening (LTC>BCH) will happen this year. 🐔🚀
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    The Litecoin team has been hard at work working with companies to support Litecoin. Nothing to announce yet, but here's what's in the works: Merchant processor Popular online wallet Goods trading platform One huge unexpected surprise. 😀 2018 will be a good year for Litecoin!
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    Seeing how people lost trust because I sold makes me more convinced that it was the right move. Litecoin was too centralized and dependent on me. Eventually, for Litecoin to succeed, I need to step away. But I promise I won't do that until I've helped LTC climb back past the ATH.
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    Fungibility is the only property of sound money that is missing from Bitcoin & Litecoin. Now that the scaling debate is behind us, the next battleground will be on fungibility and privacy. I am now focused on making Litecoin more fungible by adding Confidential Transactions. 🚀
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    LTC/BCH has just surpassed 0.02. This is higher than when I sold my litecoins. In other words, LTC has outperformed BTC since that time. Just saying! The market agrees that my efforts on Litecoin adoption is overcoming the negatives. Go Litecoin! 🐔🚀🌕 #PayWithLitecoin
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    $10B marketcap. What a year! BTC is up 2000%, but LTC is up 4000%! 🚀
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    Sorry for creating the only bit of drama Litecoin had all year. We should leave drama to Bitcoin and others! 😀 Happy holidays everyone!
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    I ❤️ days like today! Not because the LTC price is up, but because I won't need to read any tweets hating on Litecoin and me. 😂 But inevitably, there will be days when price is down and everyone and their mom will be blaming it on me. Such is the life of a coin creator. 😀
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    I'm blocking anyone that complains that I've quit Litecoin because I sold my LTC and that I no longer have any skin in the game. If you really believe that, you don't really need to see my tweets anymore. Cheers! 😀
    GIF
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    There will be at most 21 million bitcoins in existence. There isn't even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first. 🥅 Once you have 1 BTC, buy all the shitcoins you want! 😂
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    Roger @rogerkver, please stop calling Bitcoin, Bitcoin Core. No one else does this. Both bitcoin.com website and mobile wallet are misleading new users with this bullshit. And it is especially hypocritical coming from you seeing how upset you are with the name bcash.
    📣ShapeShift PSA: There was a miscommunication in our latest partner announcement with @BitcoinCom Wallet. Although we are happy to offer our API integration services for the wallet, we strongly stand by the stance that Bitcoin should be referred to as Bitcoin, not Bitcoin Core.
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    Korea bans Bitcoin FUD is the new China bans Bitcoin FUD. 🤦‍♂️