26 Oct Charlie Lee picks up Bitcoin, Ethereum and Litecoin as Bellwether Cryptos
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While the world still considers Bitcoin as the bellwether and poster boy of the cryptocurrency industry, Charlie Lee, the founder of Litecoin, differs slightly in opinion. According to Lee, It’s not just Bitcoin, but Ethereum and Litecoin too stand the distinction of being called a bellwether.
Bitcoin is Charlie Lee’s inspiration
Charlie Lee is his recent tweet spoke about Bitcoin, Ethereum, and Litecoin are the Bellwether cryptos because according to him these the only coins that are traded on every major crypto exchange and can be stored on every hardware wallet. According to his tweet this is not possible with other coins as either they are not listed on all exchanges or transferring them to hardware wallet is not easy.
Bitcoin, Ethereum, and Litecoin are the BELlweather cryptos. They are the only coins that are traded on every major crypto exchanges and can be stored on every hardware wallet.
Easily buying and securely storing other coins is really a PITA….
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