Charlie Lee Sold his Litecoin

  • Yesterday, Charlie Lee sold his Litetcoin. He said he was doing it because of the "conflict of interest" that arose as a result of talking about Litecoin. What are your opinions of it?

     I think that he has a point. Although he may have no monetary incentive for Litecoin to rally, he has every other incentive to see it succeed. It was his creation and he has his name to it. By not holding the coins, he can easily sing its praises without having to worry about accusations of "market manipulation". 


    That is much less that can be said about other coins in the cryptocurrency ecosystems.

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