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A comment on Litecoin price, tweets, and conflict of interest. Parent comment

Re:Litecoin price, tweets, and conflict of interest by mephitix on Wednesday December 20, 2017 @06:19AM (#15968690)
I'm also struggling to understand this, but I guess the only way I can is by thinking of this as a CEO who decided to take a $1 salary + decided not to take any stock awards, but still wants to work at their company because they truly believe in the products they build, without any cash. The difference though from CEOs like Steve Jobs of course is the lack of equity. In this case it's like the founder of Litecoin is saying "I want Litecoin to evolve in a decentralized and organic way. It is meant to evolve without a singular influence, including myself".

Cryptocurrencies are (supposed to be) decentralized so having a large stake/hash power/etc. probably goes against that philosophy.

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Re:Litecoin price, tweets, and conflict of interest by owebmaster on Wednesday December 20, 2017 @09:02AM (#15969509)
> In this case it's like the founder of Litecoin is saying "I want Litecoin to evolve in a decentralized and organic way. It is meant to evolve without a singular influence, including myself".

He might be saying this but thinking: "great, now is the best time to cash this thing out and let it burn". Well played and probably more is coming.

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Re:Litecoin price, tweets, and conflict of interest by jsonhero on Wednesday December 20, 2017 @10:46AM (#15970522)
Why say anything at all if that was the case?
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Re:Litecoin price, tweets, and conflict of interest by owebmaster on Wednesday December 20, 2017 @12:33PM (#15971737)
Because he doesn't wanna live the rest of his life hiding from people that Lost everything?
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