they're trying to nip this in the bud........  they're scared

like the cartoon elephant afraid of a mouse

"  To leave the community in such a divisive way leads me to believe he may have been a charismatic but perhaps not quite a benevolent would-be leader. Seems like he's looking out for #1.
Also in light of recent events it might be smart to remember the reported TOR endpoint filtering that I remember people saying Mike had "snuck" into XT and the way he framed it.
Perhaps he was a Trojan horse for the banks/regulators for longer than many might think. When he couldn't get bitcoin to be the system he wanted/needed he quit, slandered it and punched it in the face on the way out the door.
I think all of this sheds light on why caution is more important than quick action.
I think R3 also helps to explain why he'd leave bitcoin in such a way. Clearly there is money to be made catering to banks. What I'm trying to say here is that Mike is looking like a sell-out.
I'd like to hear other people's thoughts on it.   "