Who Is Charlee Lee, the Creator of Silver to Bitcoin’s Gold?

Charlie Lee

As one of the first founders of a truly viable Litecoin, Charlie Lee is somewhat of an internet sensation. After discovering Bitcoin from an online article whilst working at Google, Charlie embarked on a multi-year journey to create the silver to Bitcoin’s gold. In this time, the prince of cryptocurrency forged alliances with other early-adopters, developers, and enthusiasts to create what many consider to be the second most successful cryptocurrency to date. Without any further ado, let’s delve into who is Charlie Lee, the internet sensation and creator of Litecoin.​

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Indonesian Crypto Users Set to Outnumber the Stock Participants

The cryptocurrency market appears to be growing in popularity. The year 2017 was something of a turning point for cryptos and the performance of bitcoin and several ICOs seemed to have brought cryptos to the forefront of mainstream consciousness.

As a testament to the increasing popularity of cryptos, it could be seen that the largest cryptocurrency exchange platform in Indonesia is set to have more users than there are stock participants in the entire country.

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Coinbase Unveils New Tax Tools for US Customers on Its Platform

Coinbase, America’s largest cryptocurrency platform has unveiled new tax tools on its platform. These new tax tools are specifically for its US customers to help them comply with IRS regulations.

Recently a court ruling that instructed Coinbase to hand over customer data to the IRS. As part of the ruling, the records of about 13,000 Coinbase customers and their transactions between 2013 and 2015 were to be handed to the tax body.

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Middle-aged Koreans Leave the Youngsters Trailing When it Comes to Cryptocurrencies

Although blockchain technology is extremely current and typically associated with the millennial generation, South Korea is demonstrating that the association is not necessarily valid, even when it comes to virtual currencies.

Reports are pointing to both a greater volume and a greater enthusiasm among older Koreans, who are dominating their younger fellows investing in cryptocurrency.

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Bitcoin Remittances Market Shows Promise As Next Big Niche

Bitcoin has many possible use cases, just like cash or any other type of fungible asset. One thing that has become clear in the past year of cryptocurrency-related companies being created is there are many different potential applications of Bitcoin. In the early days of Bitcoin, one constantly highlighted benefit to the cryptocurrency was the simplicity of dealing with cross-border payments. People would always say it was great for facilitating capital flight in countries that were normally extremely restrictive, like China. But one use that is now coming to receive lots of interest is remittance payments.

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Agora Releases Preliminary Results of the First Ever Blockchain-Tracked Presidential Election

Agora, the Switzerland-based blockchain startup has released its preliminary vote count of the Presidential election in Sierra Leone. In what has been described as a major milestone in the annals of blockchain technology, this is the first ever blockchain-tracked Presidential election anywhere in the world.

Blockchain, the technology behind Bitcoin, Ethereum, and other cryptocurrencies have been seen as a veritable way of improving the transparency of the democratic electoral process.

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Bitcoin is the New Gold

No matter how sophisticated the monetary and financial system of any country is, it is still considered a wise and prudent decision to have assets whose values are not based on fiat currency. It is based on this reason that assets like precious stones and rare items are still viewed in high regard by people looking to safeguard their wealth.

Take gold, for example, the precious stone is not tied to any economy in the world and as such, its value cannot be affected by the devaluation of the dollar or any other powerful world currency.

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