I feel pity for Mike Hearn

[Slunt]

I too feel a bit sorry for Mike Hearn after reading his write up on the current state of affairs. He is quite right and on the spot on most of his post and one can clearly see he wanted to change something and leave a dent on Bitcoin for the better and that this talk and all of the disregard for a block size increase made him tired.

I think he did well on going away, sad to see he didn't have much of a chance.

He might be right on a few things but he was wrong and spreaded a lot of fud on other things and all because he acted like a baby just because he didn't get his own specific way. Things need to change with bitcoin but just because they're not happening as fast as he would like or in his way doesn't mean to say he should just give up.

[avatar_kiyoshi]

after what all bitcoin went through i don't think it's gonna fail as Mike sad he has the freedom to say what he won't or do but he only wants to drop bitcoin prices so he could buy and sell it again when bitcoin rise up again

Bitcoin fail only through bad-mouthing, that's Mike purpose, to drop a price, because he's don't have enough coin to dump the price. Feel pity to him is wasted your time.

[RocketSingh]

Interestingly, Mike has posted a small followup...

https://medium.com/@octskyward/a-small-followup-aa399a83acbb

[vlom]

Interestingly, Mike has posted a small followup...

https://medium.com/@octskyward/a-small-followup-aa399a83acbb

i read both articles. the followup and The resolution of the Bitcoin experiment.

what he is writing there really makes me worry about bitcoin. especially the part about the power of the big miners.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.p468en99x

Once upon a time, Bitcoin had the killer advantage of low and even zero fees, but it’s now common to be asked to pay more to miners than a credit card would charge.
Why has the capacity limit not been raised? Because the block chain is controlled by Chinese miners, just two of whom control more than 50% of the hash power. At a recent conference over 95% of hashing power was controlled by a handful of guys sitting on a single stage. The miners are not allowing the block chain to grow.

if this really is true and will be the future. than i can totally understand that he left.

[allthingsbtc]

In the end, we must all choose our own paths. I wouldn't be surprised if Mike finds his way back to bitcoin in the future...

[crazywack]

The Chinese miners Hearn is talking about wont allow Bitcoin to grow in HEARN's way, that's all. I don't think they are against a size limit increase if it makes sence and Hearn's did not.


He showed his true colors by be bought by the R3 team. Money talks and everyone has a price. Not to concerned with him leaving.

[maku]

I feel pity that Haern is so immature and whiny person. If he don't like bitcoin and the community then why in the first place he was part of the developing team?
He thought that every changes he propose will be accepted without questioning and he will be bitcoin emperor or something? And when it is different story he got angry, really?

[watashi-kokoto]

I feel pity that Haern is so immature and whiny person. If he don't like bitcoin and the community then why in the first place he was part of the developing team?
He thought that every changes he propose will be accepted without questioning and he will be bitcoin emperor or something? And when it is different story he got angry, really?

What a shame that we lost such a talented person Haern.

[chek2fire]

what a happy day that one guy like hearn left forever

https://medium.com/@bramcohen/whiny-ragequitting-cab164b1e88#.kv2mdjztz

[chennan]

I don't feel any pity for him, just disgust.

He doesn't understand the mathematics of emergence from chaos.

Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.

While I don't really have that much of an opinion now about the situation with Hearn, because I can see it both ways; I see a problem with your ideology that Bitcoin will just eventually "fix itself".

You can't leave a code that has obviously been giving devs, miners, and users trouble stagnant... you just can't.  You have to fix it; that's just like saying that, "Oh, the foundation in my house has cracks, has termites, etc; but that's ok, because I believe my house will fix itself eventually. I believe in my house as much as I do with engineering."

[Kakmakr]

If he wants to work in a corporate environment with bosses telling him what to do, it is his choice. He worked at Google before and I was quite surprised at that statement. I would much rather work in a unstructured environment where innovation are not hampered by masters telling you what they want you to do.

If I have to pity him, it would be for burning the bridges with this community, in the way he did. The legacy he left behind here are full of deceit and lies and he will be remembered for that and not the other contributions he has made.

[Luqman]

I feel no pity for him, I just feel disgust with him. What actually happen with bitcoin is well-planned to attack bitcoin stability.

[valiz]

He talked at a local conference organized by a local variant of 3 letter agency.

[Betwrong]

I don't feel any pity for him, just disgust.

He doesn't understand the mathematics of emergence from chaos.

Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.

I agree with this. No person, whatever mistakes he/she makes, can change the rules of mathematics. One plus one will be equal to two regardless of anyone's actions.

As we can see Bitcoin is going up again btw.

[YoonYeonghwa]

I guess that it wasn't completely his fault that Bitcoin dropped in price so much. Maybe I misread the situation.

[bitlancr]

I don't really feel anything for him. Things change, people change, the way they are thinking and viewing things in life and business.
It never stays the same, people progress and I believe he is one of those people that wants to move on because he doesn't believe in bitcoin anymore and I think that's okay.

[gentlemand]

I agree with this. No person, whatever mistakes he/she makes, can change the rules of mathematics. One plus one will be equal to two regardless of anyone's actions.

As we can see Bitcoin is going up again btw.

Humans use it. Humans have agendas. Humans can change code. The idea that btc will 'fix itself' is laughable. It can easily be stunted, stagnated or sent off in a fatal direction by a powerful minority.

[bhodson]

Mike caused hundreds of thousands of people to see a drop in the combined value of their assets of around a billion dollars.  He tried to ruin years and years of work done by thousands of bitcoin professionals.  Tried to damage a technology almost as important as the internet.

Nice guy.  I'm sure he will be happy with his new friends.  He'll need them as I guess he just lost every professional friend he ever had.  He sure lost all of my respect and caused me a few sleepless nights.

Thanks Mike

Enjoy what you made for yourself

[Rupert Murdoch]

Now Mike & R3CV has started to make sense to me. They are seeking 200m USD in funding - http://bitcoinist.net/r3-seeks-200-million-in-funding/

[sockpuppet1]

He doesn't understand the mathematics of emergence from chaos.

Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.

Too bad you didn't learn that the universe is composed of partial orders and not a total order. Then you'd understand why every consensus system will become centralized and thus a defacto a fiat.