Litecoin’s Founder: How He Created The Hit Cryptocurrency
One of my listeners emailed me and said, “Andrew, you’re completely ignoring cryptocurrency.” I said, “Yeah, I guess I am. I don’t fully understand it and I also don’t want to be part of the hype cycle.” And he said, “No, Andrew, it’s more than hype.”
Well, today I have the creator of Litecoin, Charlie Lee. Litecoin is one of those cryptocurrencies that because of the way it started became a major currency. Charlie left his previous job to focus on the Litecoin Foundation that he created.
I invited him here to talk about Litecoin, how he created it, why he created it, and also cryptocurrencies in general.
Charlie Lee is the creator of Litecoin, a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware.
Andrew: Hey everyone. My name is Andrew Warner. I’m the founder of Mixergy, where I interview entrepreneurs about how they built their businesses. One of my listeners, a guy named Chris Pritchard, he Facebook messaged me and texted me and emailed me and said, “Andrew, you’re completely ignoring cryptocurrency. And I said, “Yeah, I guess I am. I don’t fully understand it and I also don’t want to be part of this hype cycle that’s going on.” And he said, “No, Andrew, it’s more than hype. There’s this thing that’s going on. You’re not aware of it.”
I said, “Chris, what’s your input on it? Why do you care so much?” He said, “Andrew, I’m so obsessed with trading that I’m actually discovering these guys who are expert traders.” I said, “Expert traders?” He said, “Yeah, yeah. They’re expert traders, giving people advice.” I...
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