Video: Charlie Lee on Scams, Plans and Being 'Satoshi Lite'
Litecoin creator Charlie Lee talks altcoin scams, Coinbase's expansion plans and why his currency needs bitcoin to succeed.
Feb 11, 2015 at 3:00 p.m. UTCUpdated Aug 18, 2021 at 3:39 p.m. UTC
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There are now hundreds if not thousands of altcoins in existence, but litecoin is one of the oldest and biggest. Since its conception in 2011, creator Charlie Lee – also known as 'Satoshi Lite' – has become a prominent figure in the crypto space.
Besides creating a cryptocurrency with a market cap of $63.79m, Lee also leads the engineering team at Coinbase, the firm that recently raised $75m from a number of high-profile investors, including Spanish megabank BBVA and the NYSE. The company is now the best-funded business in the bitcoin ecosystem.
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In my interview below, we discuss altcoin scams, Coinbase's expansion plans and why litecoin needs bitcoin to succeed.
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