In this CoinDesk Spotlight episode, Charlie Lee, the founder of Litecoin, discusses his early crypto journey, starting with his interest in gold as a hedge against fiat currencies and his discovery of Bitcoin. He reflects on his time at Google, his initial Bitcoin purchase, and the creation of Litecoin as "silver to Bitcoin's gold." Lee addresses Litecoin's current standing, its focus on fungibility through the MWeb upgrade, and its practical use for everyday transactions due to its speed and low fees. He also touches on the Litecoin treasury company, MEIP, and his role on its board, as well as his past decision to sell his Litecoin holdings. He emphasizes the importance of decentralization and fairness in cryptocurrencies, and envisions a future where people store value in cryptocurrencies and transact seamlessly, with conversions happening in the background.
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