Litecoin Founder Charlie Lee Thinks Some Bitcoin Maximalists Are Extremists
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.
Some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists. They think all other coins are scams and will go to zero.
Maximalists think Bitcoin is and will remain the dominant cryptocurrency but there is room for altcoins to exist and even do well.
What are you?
— Charlie Lee [LTC⚡] (@SatoshiLite) January 6, 2019
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.
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.