Litecoin Founder Charlie Lee Thinks Some Bitcoin Maximalists Are Extremists

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Voyager
Voyager

Charlie Lee, the founder of Litecoin (LTC), made waves on Twitter after he published a Sunday post proclaiming that some Bitcoin (BTC) maximalists are more aptly described as extremists, given their views on the altcoin market.

In the tweet, which included a poll to let his following vote on how they view themselves, Lee claims that a select portion of Bitcoin maximalists think all other coins are scams that will go to zero.

Lee’s post has sparked debate among the crypto-elite, with many industry leaders stepping in to share their opinion. Most notably,¬†Binance¬†CEO¬†Changpeng Zhao, said, “Will be interesting to see how this plays out. But I believe in thousands of blockchains and millions of tokens. Freedom implies choice.”

With 28,478 votes, the final results show 48% of Lee’s following self-describe as Bitcoin maximalists, while 33% see themselves as altcoin maximalists. Only 9% would go as far as calling themselves Bitcoin extremists, which was less than the 10% who weirdly answered “nocoiner,” a term that describes someone who doesn’t invest or use cryptocurrencies.

While Lee’s post may seem anti-Bitcoin to some, it’s worth noting that he is on the¬†record saying investors should own at least 1 bitcoin (BTC) before purchasing any altcoins, including Litecoin.

More: Charlie Lee’s Tweet

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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