http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.htmlThe start-up in New York where he has taken a job, R3, is developing Bitcoin-like networks for banks to enable cheaper and faster ways to trade assets of all sorts.
Basically, Mike Hearn quit Bitcoin to join the banksters.
And also he sold all of his BTC, what a joke... Why not invest some in an alt coin at least?
If you like the idea behind Bitcoin but you don't like the block size why not use an alt coin instead?
There should be plenty to choose from.
He doesn't seem to be that interested in the ideas behind Bitcoin.
Ahh ok, I'm starting to see why people are so upset about all of this... I honestly didn't know that he was planning on developing a blockchain program for banks to use. Also, you have a point that it doesn't really make sense to not go ahead and invest in other alts, or just simply create his own that incorporates all of his beliefs of what Bitcoin should be.
He probably got bought out by the banks for an amount that he simply couldn't refuse. But at the same time, can you really blame him for leaving a community in general that has been that hostile to him? I mean I can empathize with that, personally.