Litecoin

“For example, this year we activated Segwit, which is a huge improvement to the protocol on Litecoin before it activated on Bitcoin.”

“So I kept it very similar to Bitcoin where every four years the reward halves. So as, so I, it has enough like runway to succeed. Right. If you make it have to, too soon, then the coin before it succeeds, the rewards will run out.”

“No, no, definitely not. I don't have, I definitely don't have the largest holding. I know quite a few people who have more Litecoin than me.”

“So the major difference is, is Litecoin is, is faster than Bitcoin in terms of transaction speed or blocks, block speed. And there's more amount of Litecoin out there. There's four times as many Litecoin units than Bitcoin.”

“Actually, our work, I believe, helped it get activated on Bitcoin to show that Segwit is actually a good upgrade and has none of the fear that people associate with it.”

“Well, I created Litecoin, but I didn't, like, pre-mine coins. I didn't create coins for myself, right? I had to mine the Litecoins or buy the Litecoins off exchange just like anyone else.”

“Another analogy that people can think of is Bitcoin would be your savings account, and Litecoin would be your checking account. So you would keep for long-term store of value, Bitcoin is definitely well, arguably better, and Litecoin is better for a day-to-day…”

“But to me, like the price doesn't matter because it's kind of just all speculation right now.”

“Back in August there were probably people afraid of the Bitcoin hard fork. Litecoin was a good hedge against that. So People started buying up Litecoin and they kind of snowballed and kind of shot up and then it found it's kind of the right level right now.”

“I mean, for me, it's only if the value goes up. Like, I have an investment in Bitcoin and Litecoin, and if the value goes up, I make money. And that's true for most people.”

“The first money in Boston insights was mined in a basement. And still yet, we haven't diluted. We have, we've essentially raised a seed round, almost a million dollars, but we haven't diluted at all.”