[2016-01-16]What People are Saying About Mike Hearn’s Bitcoin Takedown

Mike Hearn’s a big deal when it comes to Bitcoin. The Former Googler has been contributing to the project for years in ways big and small, has a close relationship with former lead developer Gavin Andresen and has always been well respected within the community.

So when Hearn talks Bitcoin, people listen.

Since he published his scathing takedown yesterday—that he believed the “experiment” was an “escapable failure”—the price of bitcoins is down 15 percent.

Here’s what people are saying:

Nathaniel Popper, NYT:

The current dispute, though, is a reminder that the Bitcoin software — like all computer code — is an evolving product of the human mind, and its deployment is vulnerable to human frailties and divergent ideals.

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