Let’s also talk about Mike Hearn’s “Bitcoin Failure Theory”

A few days ago, Mike Hearn, a "core" developer of the Bitcoin community, publicly announced in the media that "Bitcoin has failed." As soon as this statement came out, the price of Bitcoin plummeted by 500 yuan. Many "experts" and "beasts" finally found a "soulmate" and quickly began to smugly echo his words, and the smoke of the Bitcoin death theory rose again.

The stranger couldn't help laughing, and after laughing for a long time, somehow, this scene emerged in his mind.

————————(The dividing line between history and time and space)————————

I think of that distant time, when the morning light was rising, the teahouse was bustling with people, shouting and chatting one after another, and from the radio placed on the tall cabinet, the melodious and clear voice of the host came:

"Our army is winning victory after victory, and the Communist army is losing ground... The Communist bandit leaders Mao Xdong and Zhu X have been killed by our heroic national army. The remaining bandits are roaming around and will be wiped out soon... Chairman Chiang Kai-shek ordered all departments to unite sincerely. The revolution has not yet succeeded, and comrades still need to work hard... The currency reform of the National Government was initiated by Mr. Chiang Ching-kuo. Gold Yuan coupons will be issued on X day, and the exchange rate..."

Unfortunately, the audience in the teahouse shook their heads, and some troublemakers even laughed out loud:

"I've already killed him 360 times, and he's still doing fine. It's all bullshit!"

Then he lowered his voice and whispered to the people around him: "I heard that the front line can't hold on any longer and can't even pay the soldiers!"

"That's right. Anyone who exchanges for gold yuan notes is an idiot! These days, nothing is better than Yuan Datou and little goldfish!" someone else echoed in a low voice.
"Keep your voice down...shh..."

————————(The dividing line between history and time and space)————————

Back to the "Bitcoin failure theory", isn't this scenario exactly the same...

Martians and Super Bacteria respectively expressed their views on Mike Hearn's remarks. Martians focused on refuting his arguments, refuting the three reasons Mike listed for "Bitcoin failure" one by one; while Super Bacteria focused on stripping Mike of his true colors, beating him up, and exposing him in public.

I don't like to follow the trend, but this situation is really unbearable. I have to come up with a popular version to join in the fun.

I won’t waste any more time, please pay attention.

1. Who has the final say?

I don’t know anything else, but he dared to publicly declare that “Bitcoin has failed”. At this moment, I really admire Mike Hearn’s courage and ignorance.
The last time a stranger expressed this sentiment was when Lang Xianping waved his hand and said, "You can give me Bitcoin, but I won't take it..."

The definition of failure and success is difficult to define. Even gamblers know that the first win is paper, and the second win is money. The race has just begun, and even the 131-year time to mine all Bitcoins (it is expected that all Bitcoins will be mined in 2140) has just begun. It is ridiculous to call it a "failure" at this time.

Bitcoin was worthless when it was first created, but its price remains at over two thousand now; from being ignored in the beginning to having millions of users today; from being able to only buy marijuana and socks abroad in the beginning to being able to buy almost all the necessities of life in foreign countries today (in brackets, although the domestic economy is in recession, foreigners can still use Bitcoin to buy cockroach tea and lightning oranges, damn, you two, hurry up and pay your advertising fees).

If Bitcoin is considered a failure, I really don’t know what else can be considered a success.

When the Internet was first created, it was separated by an ocean and couldn’t even send out a complete login. Just sending out the two letters “LO” would declare a line failure. If people like Mike saw this scene at the time, wouldn’t they have laughed out loud and declared that the Internet “fails a hundred times a day”?

Communism, such a great experiment, has not yet been declared a failure, how dare you declare the Bitcoin experiment a failure? You are the judge, so you have the final say? I am not well educated, don't lie to me.

I firmly believe that we will definitely see Nakamoto win the Nobel Prize in Economics in our lifetime (although he will not appear to receive the award).

At least, please add "I think" to "Bitcoin failed" instead of raising a banner to declare failure. After all, Bitcoin is not your cabbage.

Moreover, Yi Ke just likes the way you can’t stand me, but you still have to build the primary stage of socialism with me... Oh, I’m wrong. As an international friend, Mike really doesn’t have to work hard with us to build socialism. It should be: Yi Ke just likes the way Mike declares the failure of Bitcoin every day, but he still has to build blockchain with Bitcoin fans!

2. It’s about interests

The world is complicated, but the rules are very simple.

The ancient Sima Qian once wrote in the 129th chapter of "Records of the Grand Historian" "Biographies of Merchants": The world is bustling with people all because of profit, and the world is bustling with people all because of profit.

As long as mining can generate a penny of profit, there will be people who will work tirelessly to dig. This may have nothing to do with personal beliefs, spiritual ideals, or even whether the thing itself is legal, not to mention success or failure. What the hell is that? I don't care, I just make a little money from digging.

The pursuit of profit is the most basic driving force of human nature.

This shows that for thousands of years, the Chinese have indeed loved money. But which country's people are not like that? In the era of precious metal currencies such as gold and silver, who can resist the temptation of gold mining and gold hoarding?

Similarly, Bitcoin is a currency that is being produced, and we in China just like to mine it! So what? Grilled chicken wings, I love it the most, la la la, I love it the most!

I never expected that Mike would say that Bitcoin mining has been controlled by the Chinese community. This really made my head buzz... Bitcoin mining activities are more common in China, so China dominates the Bitcoin world? Then the Middle East and Russia have large oil production, so can the Middle East and Russia control oil prices? But in fact, no, it seems that reducing or increasing production can have a slight impact on oil prices, and the real right to speak on oil prices remains in the hands of Americans. In addition, China is the world's factory. Most of the clothes, hats, socks, heavy machinery, or assembly parts processing (Foxconn and other sweatshops are not mentioned by the foreigner) are produced in China. Can China control these things? If China does not produce pants, the whole world will be naked?

As an open source public currency, Bitcoin mining cannot be controlled by anyone. Anyone with money, electricity and mining machines can mine. Moreover, according to the scientific development concept, advantages can be continuously transformed. At present, China has only taken the lead in mining machine production and research and development and cheap electricity costs. It is really helpless to do some hard work and bear the blame of "conspiracy to manipulate Bitcoin".

Mike, if you are really ambitious, why don't you learn from 21st Century Business Herald, which thinks that China is too good at mining, and researches "Bitcoin mining computers" and "Bitcoin mining light bulbs" and other messy ways (although there is no good way out now, but at least they are working hard, parentheses). You are so good, you just say "China's mining is too good, I don't want to play with you anymore"!

If you don't want to play, then don't play. Who cares? The miners don't care if you are a turtle or a toad. They just keep mining.

What? Failed? Isn't it still a failure? Hurry up and dig some more.

3. Jian (cheap) takes an unconventional approach?

Throughout history, both in China and abroad, there are two ways to become famous. One is to practice internal skills behind closed doors, and then achieve some success when you come out, which will naturally make you famous and be admired by everyone. The other is to curse those who are already famous, cursing them to glory or shit. Anyway, no matter who comes out, just scold them. It is best to curse harder the more famous they are, so that people can remember them.

The first one is so tiring, and you have to work hard to improve your cultivation. How easy is the second one? Just yell "duang, duang" at others, and there will be people watching and joining in. Isn't that great?

Mike Hearn is naturally well aware of this, and claims that it is so tiring to work hard editing code for Bitcoin in obscurity, no one praises you for your achievements, and you can't make a few cents (the implication is, damn it, all the money is taken away by miners), so "if you don't fail, who will?"

To be honest, before this incident, I really didn’t know that there was such a thing in the Bitcoin world. As a result, the “Bitcoin failure theory” made Mike famous and everyone knew him. Some people even defended him and shouted behind him, “Mike is right! This is the truth!”

A true warrior dares to face the bleak life, the blood, and the bleak price of Bitcoin. Who has contributed more than Satoshi Nakamoto in terms of code contribution? Teacher Nakamoto took the lead in writing code and mining. He worked silently with tears in his eyes and a buzzing sound in his ears. He mined more than one million Bitcoins when no one cared about it. With such spirit and perseverance, who else can be more awesome than him?

On the contrary, the people behind do not continue to mine properly, but always want to take shortcuts and change the code to cheat people again? Do you think the people are stupid?

In this world, the fastest and most efficient way to get Bitcoin is to mine honestly. (What, you said crowdfunding is also fast? Yes, it is fast, but don't mention the immoral things like giving birth to a son without an asshole.) The rest are all delusions.

Printing money is not enough, so they want to invent their own money printing machine and change the rules of the game... Isn't this idea unreliable? Mike has been supporting it for so long, but in the end BIP101 is a mess, and Mike is so angry that he jumped out and shouted "failure", saying that the computing power is controlled by China and that the computing power voting is unfair... The foreigner can only respond with "haha".

How come the "isolated authentication 2M" Bitcoin solution is accepted by everyone? The public has sharp eyes, right?

People really can't be like this! If you want to stand out, you might end up being a "cheap" person if you take an unconventional approach. Blaming and "declaring failure" will never change the world. I really want to give Mike Hearn an ancient poem, but I don't know if this foreigner can understand it: Your body and name will be destroyed, but the rivers and streams will flow forever!

I wrote so much in one breath, full of indignation. It really speaks from my heart. I wonder if Mike Hearn, who is far away across the ocean, sneezed several times because of this article. But in the end, it doesn’t matter. The earth will still turn without anyone, and Bitcoin will still be Bitcoin without anyone.

Author: ☆☆EVA☆☆ (Lonely Stranger)
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