[2016-01-19] Mike Hearn Disputes Claims of a Banking Conspiracy against Bitcoin

[hendra147]

The world’s media went critical, thermo-nuclear critical, when Mike Hearn – a former core developer in the open-source project that is Bitcoin, deemed it a ‘failed experiment’ and revealed he was done with the cryptocurrency. Hearn’s declaration resulted in massive coverage that was predominantly negative and dismissive of bitcoin, using a former core developer’s words to aid the overall narrative.

https://www.cryptocoinsnews.com/mike-hearn-disputes-claims-of-a-banking-conspiracy-against-bitcoin/

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[Kprawn]

Ok, R3 just employed him to make coffee and serve donuts in meetings? Ask him what his portfolio is and what his job description is....  .....Let's not dance around the issue,

this guy was targeted by this consortium for his knowledge on Crypto currencies and his position on Bitcoin. Did anyone think he will just come out and say... " Yea, this was a

publicity stunt and I was informed by my new employers to do this " Sorry Mike, we not stupid... we see right through you.   

[BellaBitBit]

Ok, R3 just employed him to make coffee and serve donuts in meetings? Ask him what his portfolio is and what his job description is....  .....Let's not dance around the issue,

this guy was targeted by this consortium for his knowledge on Crypto currencies and his position on Bitcoin. Did anyone think he will just come out and say... " Yea, this was a

publicity stunt and I was informed by my new employers to do this " Sorry Mike, we not stupid... we see right through you.   

Agreed.  Such a publicity stunt or whatever it could be called...blatant sabotage?  He had himself firmly in place with R3 before making the declaration that Bitcoin is dead.  This is certainly the latest laughable "Bitcoin is Dead" statement.

[indiemax]

Ok, R3 just employed him to make coffee and serve donuts in meetings? Ask him what his portfolio is and what his job description is....  .....Let's not dance around the issue,

this guy was targeted by this consortium for his knowledge on Crypto currencies and his position on Bitcoin. Did anyone think he will just come out and say... " Yea, this was a

publicity stunt and I was informed by my new employers to do this " Sorry Mike, we not stupid... we see right through you.   

Agreed.  Such a publicity stunt or whatever it could be called...blatant sabotage?  He had himself firmly in place with R3 before making the declaration that Bitcoin is dead.  This is certainly the latest laughable "Bitcoin is Dead" statement.

The guy can't be trusted,thank God he's gone, a snake in the grass

[Kakmakr]

If he says there is no banking conspiracy, then tell me what is this? https://bitcointalk.org/index.php?topic=1335098.new#new

I find it difficult to imagine that you would make a huge announcement like this < Declaring Bitcoin Died> and then within a week announce that you are working on a private “permissioned” blockchain that would be in direct competition with Bitcoin.

This guy can say anything and nobody will believe him, even if it is the truth. 

[TraderTimm]

Just watch and learn, folks. This is how Mike Hearn operates. He has the ability to cloak nearly any agenda in a cloud of deniability - so that those who don't know the true backstory get bamboozled.

As others have rightly said, Hearn's announcement of his retirement from Bitcoin, and the overly-dramatic nature of his pronouncement of Bitcoin's "conclusion" was timed for his bosses meeting with a bunch of financial bigwigs. Hearn naturally, says he had no control over the "timing" of the story. However, unpacking this further - you can see that his real purpose was to smear Bitcoin just when his bosses needed it most. How much you want to bet that at one point in the presentation, Mike's rage-quit article was referenced, either directly or obliquely?

Hearn has proven that he's one of "them". If you think that is too dramatic of a characterization, I suggest you take a look at his actions. If he were truly on Bitcoin's side, not only would he NOT be working for a consortium of bankers, he wouldn't have implied that Bitcoin is "concluded" or dead.

Thanks Mike, for showing everyone what you are really about - money, power and dubious ethics.