Mike Hearn Cashes out Total supply: 200 Mike Hearn a prominent bitcoin developer has labeled the currency a failed experiment, widening the rift over an arcane but critical technical issue (block size/congestion) that has divided the community for nearly a year. This isn’t the first time somebody has written bitcoin’s obituary. What is different is this was being written by a prominent insider, and it hit a raw nerve in the community. The price of bitcoin, which had been stable for months, dropped sharply, around 20%. Date January 16, 2022 Category (V) Uncommon Share facebook twitter linkedIn pinterest