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CoinDesk Podcast Network

If Bitcoin Is for the 'Kings,' Is Litecoin for the People? | CoinDesk Spotlight With Charlie Lee

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 30 September 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

Insights into the past, present and future of the crypto industry with Charlie Lee. Follow the podcast ⁠⁠⁠here⁠⁠⁠. Litecoin creator Charlie Lee joins "CoinDesk Spotlight" to break down the roles of bitcoin and Litecoin in the cryptocurrency and broader financial industry. Plus, the journey from being an early gold bug to buying bitcoin at its 2011 peak, his core philosophy of Litecoin being "silver" to bitcoin's gold, and why he sold all of his LTC holdings in 2017. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - This episode was hosted by Jennifer Sanasie. “CoinDesk Spotlight” is produced by Sam Ewen, Jennifer Sanasie, Taylor Fleming and Victor Chen.

Transcript

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0:00.0

Some of people will say like Bitcoin is currency for, for Kings and Lightcoin is currency for the people.

0:06.0

Bitcoin companies, right, are storing Bitcoin in their company treasuries.

0:12.0

Countries, even countries are doing that with Bitcoin.

0:14.0

But a lot of people, because they can't afford to buy one Bitcoin, right, they would buy Lykecoin.

0:20.0

And it acts as the same kind of store value in means of exchange as Bitcoin. But it's easier to use. Charlie Lee, welcome to Coin Desk Spotlight.

0:48.3

Hi. Thanks for having me.

0:51.3

Of course, thanks for being here.

0:52.3

Now, I want to go all the way back to the beginning of your crypto journey to kick this conversation

0:59.0

off.

1:00.0

I know that you were working at Google when the Bitcoin white paper came out.

1:03.0

Take me back to the moment when you first read it.

1:06.0

And just, I want you to live in that moment for a little bit.

1:09.0

Talk to me about what clicked for you at that time.

1:15.6

I remember reading about Bitcoin on slashdot.

1:20.3

I don't know if you guys remember the website slashdot.org.

1:26.4

I read the headline about a currency that is used on a darknet marketplace.

1:34.8

And it really intrigued me because it was not so much a dark net marketplace, but more so the currency that the reason why they are only using Bitcoin.

1:39.2

Because I was very into gold back then. I was kind of a small gold bug. I realized like gold is a better form of money

1:47.1

and in that fiat currencies, the government can just keep printing more. Whereas gold being a fixed

1:53.6

amount, there's limit of supply. There's no kind of no one person, one company or one entity can

2:00.2

inflate away your money, right?

2:02.8

Whereas fiat, that's not the case.

...

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