Is Charlie Lee Chinese?

Litecoin (LTC) is an alternative cryptocurrency created in October 2011 by Charles “Charlie” Lee , a former Google engineer. Litecoin was adapted from Bitcoin’s open-source code but with several modifications.

Litecoin, like all virtual currencies, is a form of digital money. Both individuals and institutions can use Litecoin to purchase things and transfer funds between accounts .

Walletinvestor.com, known for their pragmatic forecasts, refers to LTC as a “bad, high-risk one-year investment option .” According to their Litecoin predictions, the coin is expected to lose in value significantly, with its price falling to $4.5 by August 2020.