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Topic: Was Hearn's latest blog post a strategic move by R3 to influence the industry? (Read 527 times)

legendary
Activity: 4410
Merit: 4766
in short yes. he was employed by R3 just to be a scapegoat to make a point.
it was truly funny that the panelist know after 2 hours of talking that hearne was going to make a statement. and that the statement was going to be made at the time of the R3 discussion.

it was all pre-planned, known and organized before the R3 discussion purely for the benefit of the R3 discussion
legendary
Activity: 1442
Merit: 1016
Found this topic and theory on r/bitcoin and thought it's worth being posted here.
Imo there could be definitely some truth in that.But see yourself and share your opnion if you like.

https://www.reddit.com/r/Bitcoin/comments/413pwp/mike_hearns_latest_blog_post_was_a_strategic_move/

Quote
I believe the latest drama with Mike Hearn calling Bitcoin a failed experiment is a strategic move by R3CEV to influence banks and industry away from Bitcoin.

If you noticed, yesterday at the Hutchins Center, they had a very important meeting comprised of 15 or so people. They included 6-8 members from the Federal Reserve, R3CEV members, Bitcoin industry members, and also individuals from greater finance.

When the R3CEV guy was speaking, https://youtu.be/R0iArSIU0Z8?t=47m16s , he was saying "I don't know what time it is, but any minute now there will be a New York Times article saying Mike Hearn broke up with Bitcoin and called it a failed experiment."

R3CEV, which is a consortium of 42 banks, probably paid for the New York Times article and hired a photographer in Zurich to snap that picture of Mike Hearn. Source: https://www.reddit.com/r/Bitcoin/comments/40zhgi/mike_hearn_the_bitcoin_believer_who_gave_up/cyyg36s

How ironic that the article was published during a industry and policy panel? During this panel, which comprised of important people in the financial industry, we're learning about Bitcoin and blockchain. Once they get out of the meeting, and search Bitcoin, they will all see articles saying Bitcoin failed.

I'd say this was a nice strategic move by R3CEV to influence the greater industry away from Bitcoin.

The timing of the New York Times article, this policy panel, Mike Hearn's medium blog post, fits all too well.
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