Director Pierce Freshly Determined to Continue

Brock Pierce has broken silence this week with an open letter to the board of the Bitcoin Foundation, amid continuing controversy of his appointment as Director.

Stepping down from the board in response to hateful and uninformed chatter on Bitcoin forums or because of these resignations is not rational, prudent or warranted,” he wrote, “It would set a bad precedent for the Foundation, rewarding those who make scurrilous accusations and engage in character assassination, often anonymously.”

The comments came after Pierce received much criticism from the Bitcoin community residing online, in addition to the public resignations of ten board members.