By CCN: It’s not easy being Charlie Lee. It’s no secret the Litecoin creator has had to deal with a crypto community that hasn’t gotten over his LTC portfolio sale. Lee took out his frustrations on Twitter, bemoaning the struggle to keep Litecoin in the limelight. “Watch Litecoin surviving the test of time. Watch Litecoin surviving the test of time. https://t.co/7wWhBbxkKE
— Charlie Lee [LTC] (@SatoshiLite) April 24, 2019
In the DataLight visualization, Litecoin holds its own against other cryptocurrencies over the past six years. Lee’s project was the second-biggest cryptocurrency in 2013, followed by Peercoin and Namecoin. If you haven’t heard of the latter two coins, it’s probably because they’re both ranked somewhere between the top 200-300 coins today. Meanwhile, Litecoin, which Lee created as digital silver to bitcoin’s gold, has managed to maintain a spot in the top 10 cryptocurrencies since 2013. ‘No Such Thing as Crypto’
Incidentally, some people have a similarly scathing opinion about Litecoin, which was created using a variation of Bitcoin’s code. He calls out Litecoin in addition to privacy coin Monero as “waste of time useless projects.”
There is no such thing as #crypto (even though I sometimes use that term). There is #Bitcoin, there are waste of time useless projects like $XMR, $LTC, & other PoW honest #Blockchains and there r SCAMS like $ETH, $DASH, $XRP and all #ICO’s like $BNB, $EOS, $ADA & of course $TPAY https://t.co/d2RzPat8PX
— Tone Vays [#UnderstandBit] (@ToneVays) April 20, 2019
Upon further reflection, he clarified his position, saying:
“I agree, they are not ‘all scammers’ most of them are just Stupid and are not very good developers, or they would have actual jobs and/or be useful to society. Charlie Lee may be a leader, but crypto investors have minds of their own. If you have any doubt, consider how they responded to Coinbase’s controversial Hacking Team acquisition. There’s a reason why Litecoin has not wavered from its status as one of the top 10 cryptocurrencies. [embedded content]
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Charlie Lee may have to swat a few flies, but at the end of the day, he’s leading one of the top-performing cryptocurrencies whose price has more than doubled year-to-date.