Litecoin founder Charlie Lee reckons “Bitcoin will be the major” currency in future
|- “No one knows if the price will go up or down,” Lee.
- Bitcoin will not only have actual value but also it will be a major player.
In a recent podcast, the founder of Litecoin and an ardent supporter of Bitcoin Charlie Lee shared his views of the cryptocurrency market, Litecoin price as well as the future of digital currencies. The interview conducted by Anthony Pompliano of Morgan Creek Digital sort to get his expert opinion on both past bullish and bearish trends. While commenting how Litecoin price will perform in future, Lee said:
“If anyone tells you they know they’re lying. No one knows if the price will go up or down. I’ve seen a few bull and bear markets. Sometimes it recovers. Who knows?”
The founder also told the listeners that he was working on several features regarding Litecoin, some of which are going to launch soon. He intends to increase the market value of the digital asset while at the same time improve its scalability.
Charlie Lee sees Bitcoin becoming a global reserve currency increasing circulation in tandem with fiat. While bullish on Bitcoin, the developer says that the largest asset will be major among all digital assets.
“Bitcoin will be the major one and there will be a few other ones.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.