Litecoin $LTC founder Charlie Lee openly expressed regret about creating Litecoin in an interview. If he could say one thing to his past self, it would be to only buy Bitcoin, avoid starting a business, and not touch other cryptocurrencies. This statement, though harsh, is incredibly truthful and serves as a profound summary after multiple bullish cycles in the industry. $SOL $BNB $ETH
Over the past decade, the crypto industry has been like a large experiment, with countless people venturing into entrepreneurship, building ecosystems, and trying different financing methods. The result has consistently confirmed that Bitcoin is an existence that needs no proof. The industry's operational mechanism naturally rewards faith consensus rather than creating value. Creating protocols, applications, and narratives—if they fail to generate native demand—will ultimately be priced and cashed out by the market, with funds flowing back into BTC. This structure makes it difficult to create new value and attract new users, and trust can easily collapse under extreme competition. When even those who personally created the top ten cryptocurrencies by market cap make such statements, it’s not an industry problem but a rational choice after understanding the structure. The early crypto world was risky; now it’s more about destination filtering. Perhaps, everyone in the industry, chains, and products are ultimately using their practices to drive Bitcoin higher. BTC is the leader, and altcoins are the engines. Operational advice: buy on dips!
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Litecoin $LTC founder Charlie Lee openly expressed regret about creating Litecoin in an interview. If he could say one thing to his past self, it would be to only buy Bitcoin, avoid starting a business, and not touch other cryptocurrencies. This statement, though harsh, is incredibly truthful and serves as a profound summary after multiple bullish cycles in the industry. $SOL $BNB $ETH
Over the past decade, the crypto industry has been like a large experiment, with countless people venturing into entrepreneurship, building ecosystems, and trying different financing methods. The result has consistently confirmed that Bitcoin is an existence that needs no proof. The industry's operational mechanism naturally rewards faith consensus rather than creating value. Creating protocols, applications, and narratives—if they fail to generate native demand—will ultimately be priced and cashed out by the market, with funds flowing back into BTC. This structure makes it difficult to create new value and attract new users, and trust can easily collapse under extreme competition.
When even those who personally created the top ten cryptocurrencies by market cap make such statements, it’s not an industry problem but a rational choice after understanding the structure. The early crypto world was risky; now it’s more about destination filtering. Perhaps, everyone in the industry, chains, and products are ultimately using their practices to drive Bitcoin higher. BTC is the leader, and altcoins are the engines. Operational advice: buy on dips!