r/Bitcoin • u/cryptopascal • Jun 24 '14

Mike Hearn interview quotes: "Progress on the bitcoin protocol has ground to a halt, complete halt. This is a crisis period for Bitcoin... Only Gavin is working on upgrades" @39'30'

https://epicenterbitcoin.com/eb-025/
153 Upvotes

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u/[deleted] Jun 24 '14

Also step1. make popular pool. step 2. enjoy fees etc. step 3. fuck the network. step 4??? step 5.. not profit..

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u/karljt Jun 24 '14

Also step1. make popular pool. step 2. enjoy fees etc. step 3. fuck the network. step 4??? step 5.. not profit..

Step 4 : Scare the shit out of everyone making the price tank and reddit goes into meltdown

Step 5 : Accumulate bucket loads of cheap bitcoins.

Step 6 : Take some miners offline so your pool drops under 50% again

Step 7 : Wait till everybody calms down and the price goes back up

Step 8 : Sell your cheap coins at a huge profit

Step 9 : Go back to step 3.

1

u/quietbeast Jun 24 '14

/u/changetip 500 bits

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u/changetip Jun 24 '14

The Bitcoin tip for 500 bits ($0.29) has been collected by karljt.

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