From the first paragraph:
and Mike Hearn, a lead bitcoin software developer, have officially joined the advisory board
You
do know what the word advisor means, right? It means they came to me and said, "we have lots of questions for you, are you willing to answer them?" and I said yes. I've answered questions about Bitcoin for hundreds of people in the past few years without passing judgement on them or being their buddies. Remember, you were once the one asking me questions about how Bitcoin worked.
Good to hear. Of course, you realize that the positions I have with Mastercoin, Dark Wallet, Coinkite, and others are advisory positions as well; as Chief Scientist/Chief Naysayer I am not involved in the day to day operations of any of these organizations. Now I hope comments like the following:
12:31 < jgarzik> But as hearn's most recent link indicated, petertodd has a ton of irons in the fire, and somehow these strenuously argued positions happen to match up with all these contracts behind the scenes
12:32 < jgarzik> Which is fine but IMO deceptive and not in the best interests of all bitcoin users
don't indicate any accusations of personal bias where I might be pushing ideas solely for the benefit of those paying me. So I'd appreciate it if you let Jeff know - I already did but some reinforcement of civility might be appreciated by all.
Along those lines, I've been working to diversify my income and clients sufficiently that would, say, Mastercoin fail I'd have no cause for concern. Similarly I've made a point of not taking significant investment positions in any of these currencies; currently the only non-Bitcoin crypto-assets I own in any significant quantity are about
~$3.5k worth of Litecoins, and
~$2.5k worth of Mastercoins, the latter only due to a misunderstanding about what compensation my contract with Mastercoin included. I'm strongly considering just selling off the latter entirely to maintain my independence, and either changing my contract or simply selling off future MSC as I earn them.
It's only reasonable to ask the same question of you: How is Circle compensating you exactly? Is implementing redlists/blacklists/tying transactions to real-world-identities in their plans? Are you going to financially benefit either directly or indirectly if technologies like that become a success?