Coinbase CEOThe post started as an overview of the failure to reach consensus at the most recent Satoshi Roundtable meeting in Florida. However, Armstrong quickly transitioned into an attack on the Bitcoin Core developers, arguing that they are impeding the progress of Bitcoin:
“The conversations initially focused on various compromises that could be made to kick the can down the road on scalability. But as the conversations went on, I became less and less concerned about what short term solution we pick because I realized we all had a much bigger problem: the systemic risk to bitcoin if Bitcoin Core was the only team working on bitcoin.”
Armstrong launched 3 major arguments against the Core development team, saying that while they are very smart people, they:
“Show very poor communication skills or a lack of maturity
“Prefer ‘perfect’ solutions to ‘good enough.’ And if no perfect solution exists they seem ok with inaction
They believe that Bitcoin “will not be able to scale long term,” and that “any block size increase is a slippery slope to a future that they are unwilling to allow.”
http://bitcoinist.net/coinbase-ceo-core-team-systematic-threat-to-bitcoin/
