Cryptocurrency Community Reacts to Microsoft’s Github Acquistion For $7.5 Billion

Microsoft Acquires Github For $7.5 Billion: Bitcoin Developers Call For an Exit

Bitcoin top developers were among the first to react with anger to the news about Microsoft acquiring GitHub in a deal worth at least $7 billion.

Since what was expected to be the official announcement of the agreement on Monday, the news has led to multiple calls to remove Bitcoin activity from the code repository.

Following the agreement, Github has stated that it will strive to remain independent. CEO and co-founder Chris Wanstrath resigned in August last year, and executives have not been able to find a suitable replacement since then.

The Bitcoin project has long used the website as a global engagement environment. As expected, news of a corporate takeover did not impress the most important community personalities, who demanded that Bitcoin's activity immediately take place elsewhere.

Wladimir J. van der Laan, Bitcoin's senior developer, wrote from his Twitter account that the project's developers effectively abandoned GitHub. Many contributors to the bitcoin core felt that they preferred to move to a long-term, independently hosted infrastructure. And already, this is going faster than later.

“No real hurry, but I expect this is the beginning of a long painful road of (GitHub) toward obsolence (sic), possibly ending the same way as codeplex did.”

In social media people reacted saying that Microsoft will end up slowing down the potential of the project.

On Sunday, two days after Microsoft's rumors began to circulate, the company reported ten times the usual number of projects migrating amid efforts to keep up with demand. “We are expanding our fleet to try to keep up,” the authorities announced, reproducing data confirming the giant peak in migration from GitHub.


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