Post
wow that's interesting! good to know!
Mbeyaconscious
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He Founded Litecoin. Sold Every Single Coin at the Exact Top. Then Watched His Community Lose Everything.
Charlie Lee built Litecoin from scratch in 2011.
Left a comfortable Google engineering job to do it. Spent years promoting it, building it, believing in it publicly every single day.
Then December 2017 arrived.
The market was euphoric. Everyone was buying. People were mortgaging houses convinced the number would never stop going up.
Charlie quietly sold every single Litecoin he owned.
At the exact top.
Then announced it on Reddit.
The backlash was immediate and savage.
People called it a betrayal. Said he dumped on his own community at the perfect moment and left everyone holding the bag while he walked away with millions.
He explained himself. Said owning Litecoin while leading it was a conflict of interest. That selling was the honest thing to do.
The community heard him.
Did not care.
What happened next made everything worse.
2018 came. Litecoin crashed 90 percent along with everything else.
Charlie had already sold.
But here is the part people always skip.
He never left. Never disappeared with the money. Kept building Litecoin for years after without owning a single coin himself.
Either the most selfless thing a founder ever did in crypto.
Or the most perfectly timed exit ever executed.
You decide. 👇
$SIREN
{future}(SIRENUSDT)
$XRP
{spot}(XRPUSDT)
$BNB
{spot}(BNBUSDT)
#MbeyaconsciousComunity
Charlie Lee built Litecoin from scratch in 2011.
Left a comfortable Google engineering job to do it. Spent years promoting it, building it, believing in it publicly every single day.
Then December 2017 arrived.
The market was euphoric. Everyone was buying. People were mortgaging houses convinced the number would never stop going up.
Charlie quietly sold every single Litecoin he owned.
At the exact top.
Then announced it on Reddit.
The backlash was immediate and savage.
People called it a betrayal. Said he dumped on his own community at the perfect moment and left everyone holding the bag while he walked away with millions.
He explained himself. Said owning Litecoin while leading it was a conflict of interest. That selling was the honest thing to do.
The community heard him.
Did not care.
What happened next made everything worse.
2018 came. Litecoin crashed 90 percent along with everything else.
Charlie had already sold.
But here is the part people always skip.
He never left. Never disappeared with the money. Kept building Litecoin for years after without owning a single coin himself.
Either the most selfless thing a founder ever did in crypto.
Or the most perfectly timed exit ever executed.
You decide. 👇
$SIREN
{future}(SIRENUSDT)
$XRP
{spot}(XRPUSDT)
$BNB
{spot}(BNBUSDT)
#MbeyaconsciousComunity