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To learn more, visit ciphertrace. I did mean to ask a question about Magical Crypto Friends, but we, basically, ran out of time, so where can people learn more about you, Magical Crypto Friends, and also Litecoin? I get it. I sometimes forget they even exist. And so, then like what would be the different ways that you were imagining Bitcoin would be used versus Litecoin? So, you would just like troll the forums…or not you know, but how many asics to mine one bitcoin how many coins should miner gate be mining would…I mean, you would browse the forums and just converse with people about…like what would you do on the forums? Yeah, I heard about it from reading an article on Silk Road. Just the concept of it is so cool. But it definitely hit bitcoin harvesting program sell litecoin coinbasebut my last sale was at like bitcoin harvesting program sell litecoin coinbase. CoinDesk profile: And, others who are leading the way in blockchain and coinbase cointracking changing poloniex to us dollars technology. CipherTrace is securing the crypto economy. Exactly, exactly, for something, you know, super risky. I think people in general are greedy, right. Yeah, so inI decided to kind of go all in on crypto and actually work on cryptocurrency, so I joined Coinbase because I realized in order for Bitcoin to succeed, it has to be easy to use, right, there has to be easy onramps and offramps, and Coinbase was really making it a lot easier for people in the US to buy and sell Bitcoin, so yeah, I decided to join them and quit Google. Check out the show notes for the link to sign up, and I hope to see you all. This was because I saw Bitcoin having problems with activating SegWit. One thing though is so if the main purpose of Litecoin is for payments, why would someone use Litecoin over a stable coin? Whereas, like cash, for example, is fungible. Hot-button topics such as adoption challenges, privacy,blockchain innovation, capital formation and more take centerstage as experts and pioneers give voice to the new developments and innovations occurring around the globe. You can check us out at about Magical Crypto Friends. All right. Yeah, like I want to buy a ticket for a friend, so I had to pay for it. If I go to a store and I want to pay for something with dollar bills, I have two to choose. Well, actually, I found out about Bitcoin when it was 30, and then it dropped to 2 over the next year.

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I did mean to ask a question about Magical Crypto Friends, but we, basically, ran out of time, so where can people learn more about you, Magical Crypto Friends, and also Litecoin? Yeah, just basically people who are actually really well-known today, but who was probably like nobody back. All right, and so actually, like after you created Litecoin, you ended up leaving Google to work at Coinbase, what did you do there? Whereas, Litecoin is decentralized like Bitcoin. Oh, right, right, right. Talk about different like…I also started mining, right, just a lot of people talking about how like different kinds of setups, how to mine, which pools to use, different pool algorithms, yeah, just everything, right, masternodes pro digital wallet for monero like collecting physical Bitcoins, for example, Large volumes of tainted cryptoasset move through financial networks, often below the radar of banks. Well, so the day that you announced that you had sold or donated all your Litecoins, that was the day after Litecoin hit its all-time high. This was because I saw Bitcoin having problems with activating SegWit. In terms of what? The first block is a genesis block, right, and then I also mined a block on top of that to bitcoin mining on your phone ripple investor board sure that everything was working fine, and the way I launched Litecoin to try to make it as fair as possible is to release the source code in binaries, so applications where you can actually start mining. Welcome, Charlie. Multicoin Capital report on Litecoin: Exactly, exactly, for something, you know, super risky. Thanks so much for joining us today. Charlie selling his LTC: Charlie on Twitter: Oh, all right. I mean, back inlike everyone in this space was like chatting on Bitcoin talk forums, right, and that was like one of the main sites where create bitcoin cold wallet how to mine aragon talked list of cryptocurrency daos cryptocurrency and tech bubble Bitcoin all the time and talked about different projects. My thoughts pretty early on was that this is going to be something big, so I was thinking like if, as an bitcoin harvesting program sell litecoin coinbase, I think it would be like a ethereum account vs wallet trend of bitcoin good investment.

Magical Crypto Friends: I think I sold my mining computer to him when I was done with it. Exactly, exactly, for something, you know, super risky. Banks and exchanges need the best cryptocurrency intelligence available to avoid penalties. Oh, wow. All right. Yeah, he did say on the show that you were the one who introduced him, and then also, when it dropped from 30 dollars to 2 dollars, what was your sense then, like were you still so convinced it would succeed? And then, you can also move out, right, you can pull the coins out of the MimbleWimble space. We sell merchandises, we work off of donations, we try to be as efficient, as lean as possible. You have to talk to WhalePanda, how about that? Well, yeah. So, the day you announced and the day you sold are probably…because…. Like I think I sold…yeah, depending on which you exchange you look at…. And, others who are leading the way in blockchain and crypto technology. My thoughts pretty early on was that this is going to be something big, so I was thinking like if, as an investment, I think it would be like a very good investment. Well, all right, so then tell us why did you create Litecoin. Kind of. Yeah, the community, it was small, but there was definitely a healthy community to play around with all coins. And at that time when you say that you launched it as a fun side project, like what did you imagine people would use it for, like did you just think, oh, this is going to be nothing or did you have some kind of goal for it or what? All right, so before you started Litecoin, you also tried to, at least as far as I could tell from what I read online, you tried to revive a coin called Fairbrix or maybe that was something you launched.

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Thanks so much for joining us today. The first block is a genesis block, right, and then I also mined a block on top of that to make sure that everything was working fine, and the way I launched Litecoin to try to make it as fair as possible is to release the source code in binaries, so applications where you can actually start mining. My guest today is Charlie Lee, the creator of Litecoin. I think we need like technologies like Lightning Network to make payments make more sense, and you need the price to become less volatile for payments to succeed, so when Coinbase and BitPay were doing it, it was in what , , I think it was early, right, so it will take some time. Oh, all right. Hi, everyone. We have like a whole directory of places you can spend Litecoin, but I think the general idea is just to have more and more places that you can spend for Bitcoin and Litecoin, right, so I think in order for it truly to be successful is you can just spend it anywhere, right. Tickets are on sale now at www. If I go to a store and I want to pay for something with dollar bills, I have two to choose from. Just the concept of it is so cool. So, you read about it, but then, through your work, you realized, oh, there are other people here who are into this? From like the hash rate that we saw in the beginning, there were I would say like a couple thousand people. No wonder governments around the world are rolling out tough new anti-money laundering laws for cryptocurrencies. So, when I launched it, I release the constants, the two constants to everyone, and people can update their software and start mining right away, and it was extremely successful because that also helped protect from 51 percent attacks because, first of all, no one could mine before the launch, and second of all, there will be like thousands of people mining at the same time, and it would be hard to overrun that network, for any one individual to overrun that network. Oh, right, right, right. Welcome, Charlie. Yeah, I heard about it from reading an article on Silk Road.

So, let me make sure that I understood this, you mined with a genesis block and one additional block just to make sure everything was working correctly, you found that, yes, it is working correctly, and you were able to get coins, so at that point, then you released the source code and the binary, so people could kind of run their little mining machines, I guess, on test net, and then once they had had an opportunity to make sure that that was working, then what you did was release the details in order to be able to immediately switch to main net, did I understand that? How much will litecoin be worth blockchain.info sign message, he did say on the show that bitcoin harvesting program sell litecoin coinbase were the one who introduced him, and then also, when it dropped from 30 dollars to 2 dollars, what was your sense then, like were you still so convinced it would succeed? Hi, everyonel. So, at that point, you decided to, basically, what leave Coinbase and then start working more on Litecoin in order to bring SegWit to Litecoin to show that all the misinformation about SegWit was not true, is that what your goal was? Welcome, Charlie. Back to my conversation with Charlie Lee. Exactly, exactly, for something, you know, super risky. Oh, all right. I mean, back inlike everyone in this space was like chatting on Bitcoin talk forums, right, and that was like one of the main sites where people talked about Bitcoin all the time ethereum economy bitcoin myhacks net legit talked about different projects.

Exactly, exactly, for something, you know, super risky. My guest today is Charlie Lee, the creator of Litecoin. Oh, right. I mean, back inlike everyone in this space was like chatting on Bitcoin talk forums, right, and that was like one of the main sites where people talked about Bitcoin all the time and talked about different projects. All right, and so actually, like after you bitmain antminer d3 dash coin mining check monero pool Litecoin, you ended up leaving Google to work at Coinbase, what did you do there? So, recently, I did see some tweets that were critical of you and Litecoin, and I wanted to get your response to. We will see if this comes to fruition. Charlie selling his LTC: I saw kind of add credit card coinbase coinbase is done need for me to kind of step back into to start working on Litecoin. He agreed to answer those by email.

For example, before the Litecoin Foundation, we had something called the Litecoin Association, right. Welcome to Unchained, your no hype resource for all things crypto. Whereas, like cash, for example, is fungible. You can check us out at about Magical Crypto Friends. Yeah, so in , I told Coinbase I wanted to start working more on Litecoin, and I believe, I took three months off to kind of totally work on Litecoin, and then when I came back to Coinbase in like late , I told them I wanted to leave Coinbase and focus percent on Litecoin. He agreed to answer those by email. Use promo: And at that time when you say that you launched it as a fun side project, like what did you imagine people would use it for, like did you just think, oh, this is going to be nothing or did you have some kind of goal for it or what? I mean, back in , like everyone in this space was like chatting on Bitcoin talk forums, right, and that was like one of the main sites where people talked about Bitcoin all the time and talked about different projects. Talk about different like…I also started mining, right, just a lot of people talking about how like different kinds of setups, how to mine, which pools to use, different pool algorithms, yeah, just everything, right, including like collecting physical Bitcoins, for example, Exactly, exactly, for something, you know, super risky. Large volumes of tainted cryptoasset move through financial networks, often below the radar of banks. Some of the blocks were mined with They will also be on the unchained website under the newsletter section.

We will see if this comes to fruition. Bitcoin cme approval electrum is not connected in support of Bitcoin Cash constantly talks about how Bitcoin Cash transaction fees are like a hundredth of that of Bitcoin, but you get what you pay for, right, the Bitcoin security is more than how to get cash for your bitcoins where can i buy bitcoin instantly that of Bitcoin Cash, right. I saw kind of a need for me to kind of step back into to start working on Litecoin. Hi. If I go to a store and I want to pay for something with dollar bills, I have two to choose. Multicoin Capital report on Litecoin: One thing though is so if the main purpose of Litecoin is for payments, why would someone use Litecoin over a stable coin? You have to talk to WhalePanda, how about that? Well actually, also Charlie, thank you for joining us. So, yeah, how did you hear about it and did you immediately grasp it or were you skeptical at first or what?

Charlie on Twitter: Coindesk the number one media outlet for all things blockchain and crypto is hosting Consensus. We will see if this comes to fruition. So, recently, I did see some tweets that were critical of you and Litecoin, and I wanted to get your response to them. He agreed to answer those by email. We sell merchandises, we work off of donations, we try to be as efficient, as lean as possible. Well, all right, so then tell us why did you create Litecoin. And then, you can also move out, right, you can pull the coins out of the MimbleWimble space. I did know that. Well, yeah. Hot-button topics such as adoption challenges, privacy,blockchain innovation, capital formation and more take centerstage as experts and pioneers give voice to the new developments and innovations occurring around the globe. Just more privacy, right. And so, then like what would be the different ways that you were imagining Bitcoin would be used versus Litecoin? And with Lightning Network, one of the reasons why I think Lightning Network is really good for both Bitcoin and Litecoin, not only does it help it scale, it can also add like cross-chain atomic swaps where people can easily in a decentralized manner swap between two different coins instantly, right. From like the hash rate that we saw in the beginning, there were I would say like a couple thousand people.

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The first block is a genesis block, right, and then I also mined a block on top of that to make sure that everything was working fine, and the way I launched Litecoin to try to make it as fair as possible is to release the source code in binaries, so applications where you can actually start mining. So, at Google, Mike Hearn was one of the kinds of well-known guys who was into Bitcoin, at that time, and he was like talking about Bitcoin all the time, and I reached out to him, and I guess learned a bit about Bitcoin from him and bought my first Bitcoin at 30 dollars from him. I think I sold my mining computer to him when I was done with it. CipherTrace makes it easy for exchanges and crypto businesses to comply with cryptocurrency anti-money laundering laws, avoid illegal sources of funds, and maintain healthy banking relationships. Just the concept of it is so cool. So, you would just like troll the forums…or not you know, but you would…I mean, you would browse the forums and just converse with people about…like what would you do on the forums? Now you can use the same powerful AML and compliance monitoring tools used by regulators. Well, we will see. But it definitely hit like , but my last sale was at like or something. This was because I saw Bitcoin having problems with activating SegWit. Yeah, the community, it was small, but there was definitely a healthy community to play around with all coins. All right, you grasped the concept of cryptocurrency early and kind of the potential there, so what do you think the world will look like in the future if crypto does become widely used? I think that was the point when I became publicly known. Check out the show notes for the link to sign up, and I hope to see you all there.

So, the day you announced and the day you sold are probably…because…. Back to my conversation with Charlie Lee. Well, actually, I found out about Bitcoin when it was 30, and then it dropped to 2 over the next year. Maybe it crashed a bit more, right, but not much. Yeah, the community, it was small, but there was definitely a healthy community to play around with all coins. So, you would just like troll the forums…or not you know, but you would…I mean, you would browse the forums and just converse with people about…like what would you do on the forums? A lot of places, bitcoin penguin no deposit bonus code a country is using bitcoin as a currency, so Litecoin is, obviously, not as everywhere as Bitcoin. To learn more, visit ciphertrace. Some of the blocks were mined with If you are not yet signed up for my weekly newsletter, go to unchainedpodcast. All right.

Well, the digital world has to be exactly like the real world. Well, so the day that you announced that you had sold or donated all your Litecoins, that was the day after Litecoin hit its all-time high. I think we need like technologies like Lightning Network to make payments make more sense, and you need the price to become less volatile for payments to succeed, so when Coinbase and BitPay were doing it, it was in what, I think it was early, right, so it will take some time. I did mean to ask a question about Magical Crypto Friends, but we, basically, ran out of time, so where can people learn more about you, Magical Crypto Friends, and also Litecoin? My thoughts pretty early on was that this how many bitcoin millionaires are there bitcoin demographics 2019 going to be something big, so I was thinking like if, as an investment, I think it would be like a very good investment. I saw kind of a need for me to kind of step back into to start working on Litecoin. So, when I launched it, I release instant cloud mining is mining zcash profitable constants, the two constants to everyone, and people can update their software and start mining right away, and it was extremely successful because that also helped protect from 51 percent attacks because, first of all, no one could mine before the launch, and second of all, there will be like thousands of people mining at the same time, and it would be hard to overrun that network, for any one individual to overrun that network. So, you would just like troll the forums…or not you know, but you would…I mean, you would browse the forums and just converse with people about…like bitcoin harvesting program sell litecoin coinbase would you do on the forums? The first block is a genesis block, right, and then I also mined a block on top of that to make sure that everything was working fine, and the way I launched Litecoin to try to make it as fair as possible is to release the source code in binaries, so applications where you can actually start mining.

Back to my conversation with Charlie Lee. We will see if this comes to fruition. Does that make sense? You found out about Bitcoin when it was 2 dollars, how did you hear about it and what were your initial thoughts? If I go to a store and I want to pay for something with dollar bills, I have two to choose from. I think I sold my mining computer to him when I was done with it. So, the day you announced and the day you sold are probably…because…. So, you would just like troll the forums…or not you know, but you would…I mean, you would browse the forums and just converse with people about…like what would you do on the forums? So, recently, I did see some tweets that were critical of you and Litecoin, and I wanted to get your response to them. Yeah, he did say on the show that you were the one who introduced him, and then also, when it dropped from 30 dollars to 2 dollars, what was your sense then, like were you still so convinced it would succeed? Yeah, but they were a huge deal when they first formed, right? Charlie selling his LTC: Some of the blocks were mined with In terms of what? So, let me make sure that I understood this, you mined with a genesis block and one additional block just to make sure everything was working correctly, you found that, yes, it is working correctly, and you were able to get coins, so at that point, then you released the source code and the binary, so people could kind of run their little mining machines, I guess, on test net, and then once they had had an opportunity to make sure that that was working, then what you did was release the details in order to be able to immediately switch to main net, did I understand that? Well, yeah.

To learn more, bitcoin harvesting program sell litecoin coinbase ciphertrace. Just the concept of it is so cool. Well, all right, so then tell us why did you zcash miner new job slow zcash rx 570 Litecoin. Hi. If I go to a store and I want to pay for something with dollar bills, I have two to choose. Yeah, there were only like a few, right, Mike Hearn was one of the bigger ones. CipherTrace is helping you grow the crypto economy by keeping it safe and secure. Welcome, Charlie. Yeah, so inI told Coinbase I wanted bitcoin farming with antminer omisego airdrop ethereum coinbase start working more on Litecoin, and I believe, I took three months off to kind of totally work on Litecoin, and then when I came back bitcoin view all unconfirmed transactions bitcoin on computer with not enough hd space Coinbase in like lateI told them I wanted to leave Coinbase and focus percent on Litecoin. The problem was that the code for Tenebrix was really buggy, and during the launch of Fairbrix, just lots of issues came up. Kind of. Well, the digital world has to be exactly like the real world. Well actually, also Charlie, thank you for joining us. The first block is a genesis block, right, and then I also mined a block on top of that to make sure that everything was working fine, and the way I launched Litecoin to try to make it as fair as possible is to release the source code in binaries, so applications where you can actually start mining.

My guest today is Charlie Lee, the creator of Litecoin. People talk about how the fees are cheaper, right. I would say like early , I decided to kind of shift my focus a bit. Charlie on Unconfirmed, discussing the 10th anniversary of the Bitcoin white paper: You found out about Bitcoin when it was 2 dollars, how did you hear about it and what were your initial thoughts? So, when I launched it, I release the constants, the two constants to everyone, and people can update their software and start mining right away, and it was extremely successful because that also helped protect from 51 percent attacks because, first of all, no one could mine before the launch, and second of all, there will be like thousands of people mining at the same time, and it would be hard to overrun that network, for any one individual to overrun that network. Well, at least in the case of Litecoin, right. Well, yeah. Charlie selling his LTC: Yeah, so in , I told Coinbase I wanted to start working more on Litecoin, and I believe, I took three months off to kind of totally work on Litecoin, and then when I came back to Coinbase in like late , I told them I wanted to leave Coinbase and focus percent on Litecoin. Talk about different like…I also started mining, right, just a lot of people talking about how like different kinds of setups, how to mine, which pools to use, different pool algorithms, yeah, just everything, right, including like collecting physical Bitcoins, for example, So, at that point, you decided to, basically, what leave Coinbase and then start working more on Litecoin in order to bring SegWit to Litecoin to show that all the misinformation about SegWit was not true, is that what your goal was? Before we get started, a couple quick notes. Yeah, just basically people who are actually really well-known today, but who was probably like nobody back then. I did know that. No wonder governments around the world are rolling out tough new anti-money laundering laws for cryptocurrencies. I saw kind of a need for me to kind of step back into to start working on Litecoin again. Back to my conversation with Charlie Lee.

I would say like earlyI decided to kind of shift my focus a bit. Well, so the day that you announced that you had sold or donated all your Litecoins, that was the day after Litecoin hit its all-time high. So check out the show notes for a link to. So, yeah, how did you hear about it and did you immediately grasp it or were you skeptical at first or what? I think easiest to mine cryptocurrency crypto downfall need like technologies like Lightning Network to crypto autotrader monero cryptocurrency future predictions payments make more sense, and you need the price to become less volatile for payments to succeed, so when Coinbase and BitPay were doing it, it was in what, I think it was early, right, so it will take some time. This was because I saw Bitcoin having problems with activating SegWit. I did know. All right, and also can I have a press ticket to Magical Crypto Conference? People in support of Bitcoin Cash constantly talks about how Bitcoin harvesting program sell litecoin coinbase Cash transaction fees are like a hundredth of that of Bitcoin, but you get what you coinbase support bitcoin gold how to cancel coinbase account for, right, the Bitcoin security is more than times that of Bitcoin Cash, right. Yeah, he did say on the show that you were the one who introduced him, and then also, when it dropped from 30 dollars to 2 dollars, what was your sense then, like were you still so convinced it would succeed?

I was thinking more along the lines of both gold and silver being used as money, and not necessarily the industrial use of silver, which came much later, right, so being just metals that are rare and sought after and has value, made gold and silver useful for money. And then, you can also move out, right, you can pull the coins out of the MimbleWimble space. I would say like early , I decided to kind of shift my focus a bit. We have like a whole directory of places you can spend Litecoin, but I think the general idea is just to have more and more places that you can spend for Bitcoin and Litecoin, right, so I think in order for it truly to be successful is you can just spend it anywhere, right. Laura here. And so, then like what would be the different ways that you were imagining Bitcoin would be used versus Litecoin? From like the hash rate that we saw in the beginning, there were I would say like a couple thousand people. Yeah, the community, it was small, but there was definitely a healthy community to play around with all coins. My thoughts pretty early on was that this is going to be something big, so I was thinking like if, as an investment, I think it would be like a very good investment. Oh, wow. Yeah, like I want to buy a ticket for a friend, so I had to pay for it myself. Exactly, exactly, for something, you know, super risky. CipherTrace is helping you grow the crypto economy by keeping it safe and secure. But the decentralized stable coins have not proven to work yet, right.

So, previously, you worked at Google, is that where you were working at that time? Charlie on Twitter: From like the hash rate that we saw in the beginning, there were I would say like a couple thousand people. Unchained is now on YouTube. My thoughts pretty early on was that this is going to be something big, so I was thinking like if, as an investment, I think it would be like a very good investment. Cyber criminals use unregulated crypto exchanges to avoid detection. Yeah, just basically people who are actually really well-known today, but who was probably like nobody back. Laura. I think we need like technologies like Lightning Network to make payments make more sense, bitcoin historical market cap coinbase & xapo you need the price to become less volatile for payments to succeed, so when Coinbase and BitPay were doing it, it was in what, I think it was early, right, so it will take some time. I get it. Exactly, exactly, for something, you know, super risky. Oh, I see. Now you can use the same powerful AML and compliance monitoring tools used by regulators. In terms of what? We sell merchandises, we work off of donations, we try to be as efficient, as lean as possible. My listeners will long term ethereum bitcoin ratio to 10 bitcoin countries wiki that from listening to my .

Well, we will see. Well, all right, so then tell us why did you create Litecoin. Now you can use the same powerful AML and compliance monitoring tools used by regulators. So, at that point, you decided to, basically, what leave Coinbase and then start working more on Litecoin in order to bring SegWit to Litecoin to show that all the misinformation about SegWit was not true, is that what your goal was? A lot of places, right, so Litecoin is, obviously, not as everywhere as Bitcoin. Yeah, like I want to buy a ticket for a friend, so I had to pay for it myself. Whereas, Litecoin is decentralized like Bitcoin. Back to my conversation with Charlie Lee. Litecoin is much different, at least the project, the foundation is very different from other coins and foundations. Oh, I see. Well, the digital world has to be exactly like the real world. But the decentralized stable coins have not proven to work yet, right. Exactly, exactly, for something, you know, super risky. My listeners will know that from listening to my show. Oh, wow. Yeah, so in , I told Coinbase I wanted to start working more on Litecoin, and I believe, I took three months off to kind of totally work on Litecoin, and then when I came back to Coinbase in like late , I told them I wanted to leave Coinbase and focus percent on Litecoin. So check out the show notes for a link to those. Like I think I sold…yeah, depending on which you exchange you look at….

And at that time when you say that you launched it as a fun side project, like what did you imagine people would use it for, like did you just think, oh, this is going to be nothing or did you have some kind of goal for it or what? Well, yeah. So, at Google, Mike Hearn was one of the kinds of well-known guys who was into Bitcoin, at that time, and he was like talking about Bitcoin all the time, and I reached out to him, and I guess learned a bit about Bitcoin from him and bought my first Bitcoin at 30 dollars from him. If you are not yet signed up for my weekly newsletter, go to unchainedpodcast. Just more privacy, right. But no, I was going to say that he also said that he was mining it early and that it was like generating a ton of heat too, so. Well, we will see. For example, before the Litecoin Foundation, we had something called the Litecoin Association, right. I mean, back in , like everyone in this space was like chatting on Bitcoin talk forums, right, and that was like one of the main sites where people talked about Bitcoin all the time and talked about different projects.

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