Lee got into Bitcoin in the early days, purchasing his first Bitcoins at $30 -- only to watch the price drop to $2.
But when asked why that didn't shake his faith in the cryptocurrency, he said, "because from my point of view, the fundamentals didn’t change."
Saying Litecoin is already successful, he says his attempt to give it a"fair" launch -- one that didn't allocate a substantial amount of coins to him and/or his family and friends from the start -- is part of the reason for its success. However, he does admit that the price volatility is a hurdle to it being used for payments, which is his goal. Despite that, he doesn't believe stablecoins, cryptocurrencies whose value is pegged to more widely used assets such as the U.S.
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