Litecoin founder Charlie Lee once said: "If I could do it all over again, I would only buy Bitcoin and avoid other coins." This statement has caused quite a ripple in the altcoin community. It sounds harsh but also hits the truth of the crypto world—between faith and speculation, many projects have long fallen behind.



Remember those years when Litecoin was dubbed "digital silver," serving as Bitcoin's testing ground, a payment innovator, and even ranking in the top five by market cap. Ten years have passed, and it neither became the mainstream payment choice nor built a truly competitive ecosystem. As for Bitcoin? Having gone through countless bull and bear cycles, it has become increasingly stable—it's not chasing transaction speed, nor boasting smart contract features, it just does one thing: being the most widely recognized store of value globally.

Charlie’s "regret" ultimately isn’t about technology but a wake-up call to the industry’s restless nature. Too many projects claim innovation on the surface but are fundamentally just old tricks of copying and marketing. True value? It’s never in the promises of whitepapers but in what is validated and accumulated over time. By 2025, although Litecoin has launched LitVM, sought institutional support, and even introduced spot ETFs, these are more about "chasing" rather than "leading."

But there’s no need to be overly pessimistic. It’s precisely because pioneers like Litecoin have tried and erred that the entire community has realized a key principle— the true moat of decentralization isn’t how cool the code is, but how deep the consensus runs. Litecoin may never surpass Bitcoin, but the light it once ignited still guides the exploration of Web3. Instead of completely dismissing "silver," it’s better to always respect "gold."
LTC0.05%
BTC-0.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
NotSatoshivip
· 19h ago
Charlie, these words are hard to hear but they are indeed the truth. --- We are already in the stage of chasing, yet still talking about innovation. It's hilarious. --- White paper promises vs. time verification, this comparison is spot on. --- We have to admit, BTC is just BTC; everything else is just a side player. --- Ten years later, Litecoin is still an experimental product. Isn't that sad? --- Consensus > code. This phrase must be engraved in our hearts. --- Respect for gold is less practical than earning money with gold. --- Countless projects have died because they just didn't understand this principle. --- Marketing tricks disguised as innovation—that's the real industry truth.
View OriginalReply0
DancingCandlesvip
· 19h ago
Hmm... Charlie's words sound like regret, but actually he's talking about reality. BTC is that eternal answer. The difference between chasing and leading is huge. Litecoin over the past ten years is like writing a story of "what a pity." But on the other hand, without these trial-and-error coins, how would we know what is truly valuable? The highest consensus = the strongest moat. This logic is sound. Silver is ultimately just silver, but at least it has shown us what a "moat" really is.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)