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I may not be as technical as the author but I truly believe Litecoin is the future. Charlie Lee is about the best face of a digital currency as possible. He's a

by iopuy 9y ago

I may not be as technical as the author but I truly believe Litecoin is the future. Charlie Lee is about the best face of a digital currency as possible. He's and ex-googler, MIT grad, with a clear vision and an outstanding team. Like VC's bet on people and not always ideas, he is the one to take us to the next step.

gruez 9y ago
to be fair, part of the reason why there's so much drama with bitcoin is because it's biggest by market cap. when there's more at stake, people show their true intentions.
- iopuy 9y ago
  Very true, people often point out that Litecoin will suffer the same growing pains as Bitcoin as volume increases, and there is definitely an element of true to this. I trusted Gavin to help guide Bitcoin and since his departure I have not felt reassured of anyones true intentions in the Bitcoin community. With Litecoin, Charlie wanted it to be as fair as possible from the beginning. He refused to pre-mine the coin and repeatedly encourage critical thinking of coins in general and even advocated for Bitcoin above the coin he created!!! With the recent events in the Bitcoin community you can understand why people have flocked to Litecoin. His leadership is direct and highly visible.
  - Kelab 9y ago
    Kill Charlie kill litecoin
- DennisP 9y ago
  Bitcoin was having drama like this well before it reached the market cap that Ethereum has now. So far Ethereum is remarkably drama-free. There was the DAO controversy last year, but the chain split seems to have resolved that nicely.
sillysaurus3 9y ago
I'm skeptical of hero worship in general. Why does any of that matter for a commodity?
- iopuy 9y ago
  The implementation is guided by Charlie. Litecoin had SegWit months before bitcoin because the team doesn't have competing factions. He isn't a "leader" in the tradition since, he is the worker, hands on keyboard writing the code.
  - sillysaurus3 9y ago
    Sure, but that sidesteps the question: why does that matter? The answer isn't inherently obvious. Bitcoin seems to be doing just fine without a leader and with competing factions. The November issue will probably resolve itself just like all the issues that came before. And there are a lot of advantages to Bitcoin's model. Having a face means tying the fate of the currency to that face, one way or another. Their word starts to matter much more.
    - iopuy 9y ago
      I agree with your general sentiment for sure, why should any of this matter? On a personal basis I feel much more secure knowing a respected member of the community has enough faith in their product to tie their identity to it. Litecoin also has features that bitcoin doesn't. Faster block generation time, different hashing algorithms, larger supply. Charlie gives me confidence that the leadership of Bitcoin has not.
      - kbaker 9y ago
        The other question is, if LTC ever becomes as relevant as BTC is in the marketplace (BTC has 30x marketcap), could Charlie still retain enough power to continue to be the guiding hand? Gavin Andresen was that force in Bitcoin for years, as lead developer and chief evangelist, but now he plays a minor role; recently with big $$ in play and the big community split, not to mention the insane personal attacks, it is much harder to maintain influence.

by iopuy 9y ago

gruez 9y ago

to be fair, part of the reason why there's so much drama with bitcoin is because it's biggest by market cap. when there's more at stake, people show their true intentions.

iopuy 9y ago
Very true, people often point out that Litecoin will suffer the same growing pains as Bitcoin as volume increases, and there is definitely an element of true to this. I trusted Gavin to help guide Bitcoin and since his departure I have not felt reassured of anyones true intentions in the Bitcoin community. With Litecoin, Charlie wanted it to be as fair as possible from the beginning. He refused to pre-mine the coin and repeatedly encourage critical thinking of coins in general and even advocated for Bitcoin above the coin he created!!! With the recent events in the Bitcoin community you can understand why people have flocked to Litecoin. His leadership is direct and highly visible.
- Kelab 9y ago
  Kill Charlie kill litecoin
DennisP 9y ago
Bitcoin was having drama like this well before it reached the market cap that Ethereum has now. So far Ethereum is remarkably drama-free. There was the DAO controversy last year, but the chain split seems to have resolved that nicely.

sillysaurus3 9y ago

I'm skeptical of hero worship in general. Why does any of that matter for a commodity?

iopuy 9y ago
The implementation is guided by Charlie. Litecoin had SegWit months before bitcoin because the team doesn't have competing factions. He isn't a "leader" in the tradition since, he is the worker, hands on keyboard writing the code.
- sillysaurus3 9y ago
  Sure, but that sidesteps the question: why does that matter? The answer isn't inherently obvious. Bitcoin seems to be doing just fine without a leader and with competing factions. The November issue will probably resolve itself just like all the issues that came before. And there are a lot of advantages to Bitcoin's model. Having a face means tying the fate of the currency to that face, one way or another. Their word starts to matter much more.
  - iopuy 9y ago
    I agree with your general sentiment for sure, why should any of this matter? On a personal basis I feel much more secure knowing a respected member of the community has enough faith in their product to tie their identity to it. Litecoin also has features that bitcoin doesn't. Faster block generation time, different hashing algorithms, larger supply. Charlie gives me confidence that the leadership of Bitcoin has not.
    - kbaker 9y ago
      The other question is, if LTC ever becomes as relevant as BTC is in the marketplace (BTC has 30x marketcap), could Charlie still retain enough power to continue to be the guiding hand? Gavin Andresen was that force in Bitcoin for years, as lead developer and chief evangelist, but now he plays a minor role; recently with big $$ in play and the big community split, not to mention the insane personal attacks, it is much harder to maintain influence.