Issued last week and widely regurgitated in the media, Hearn’s declaration that the bitcoin project had “failed” drew massive, and mostly negative, attention, due to its implications for an important and long-standing industry debate.
As a result, it wasn’t long before theories emerged suggesting that the post and its media placement may have been encouraged by his new firm R3CEV, the secretive startup working to build distributed ledger technology with 40-plus banks and for which Hearn serves as chief platform officer.
In his latest Medium post, Hearn took aim at these assertions, noting that his work with R3 had already been announced and stating his belief that bitcoin and his new firm are not in competition.
Hearn wrote:
Quote
"R3 is not a bitcoin company, or even a cryptocurrency company, and there is no 'BankCoin' or 'R3Coin'. So this is really nothing to do with them and conspiracy theories are just a waste of time when there are more serious issues to consider.
Read more : http://www.coindesk.com/mike-hearn-bitcoin-post-banker-conspiracy/