Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn Leaves Bitcoin
by
DooMAD
on 15/08/2024, 12:58:13 UTC
This might be an ill-informed question, but I came across this recently and was wondering how we feel about BTC upgrades/improvements?

It feels like BTC is now chasing fiat gains over building a global p2p economy, hoping that lightning network or some other L2 solves the scaling problems for non-custodial transactions.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

Mike Hearn was always slightly "out of kilter" in terms of their views about how Bitcoin should work.  Some of it didn't really fit with the underlying ethos.  I'd take anything said in that article with a healthy amount of skepticism.  It's their vision that failed (and rightly so).

And it's simple-minded speculators who are chasing fiat gains.  Just because they're loud and numerous, doesn't mean they're representive of the community as a whole.