Director Pierce Freshly Determined to Continue

Brock Pierce hasbroken silence this week with an open letter to the board of the BitcoinFoundation, amid continuing controversy of his appointment as Director.

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

The comments came after Piercereceived much criticism from the Bitcoin community residing online, in additionto the public resignations of ten board members.