I acknowledge the concerns outlined by my Supervisors and accept full responsibility for the decline in my work during the later quarter of my two-year employment term at [CENSORED] ("Company"). I do not dispute the items outlined by my Supervisors and sincerely apologize for the extra burden my performance has caused them. An apology to my colleagues for the additional responsibility taken by them as a result of my performance decline will be forthcoming. This response is not an attempt to contest the Corrective Action Memo or justify the decline in my work product. Instead, I wanted to take an opportunity to honestly express my situation and the crossroads where I am currently. As my Supervisors are aware, I have developed a significant interest (perhaps "borderline obsession") for an emerging payment technology platform known as Bitcoin. Bitcoin has given me renewed passion for life and entrepreneurial vigor. Since April 2013, I have developed a knowledge base and reputation in the Bitcoin Community through multiple projects that I created and continue to operate. These projects have consumed all of my spare time and have caused significant work overload and sleep deprivation, contributing to my unacceptable work performance. This has been unfair to my Supervisors (as well as my colleagues and our Customers) and I apologize that it ever came to that. I have nothing but positive things to say about my experience at the Company and I am a better person for what I have learned from my Supervisors and talented coworkers. I am ashamed to have let them down. I have come to the decision that it is time for me to move on. Effective immediately: I agree to adhere to the items listed under the "CORRECTIVE ACTION REQUIRED" section of the Corrective Action Memo for a period not to exceed one (1) month from the date of this letter. This letter serves as written notice of my intent to voluntarily terminate my employment at the Company effective no later than January 31, 2014. I am providing extra notice as a courtesy to the Company and out of consideration for the current understaffed status of our team. It is my intent to make this transition as smooth and as easy for all parties affected by this matter. Thank you for a wonderful experience.

Ya know, I've learned two important life lessons from being in a long-term relationship. The first lesson is that I'm a terrible liar. The second lesson is to not make promises I can't keep.

By Coinality.com January 29, 2014Towards the end of the day before this past New Year's holiday at work, my supervisors pulled me aside for "a little chat." I knew what this was about. It was a long time coming. We sat down in a conference room, where I was given a copy of my very first writeup. Now, I was coming up on my second year as a "Senior Leasing Coordinator" at a very stable and high-paying job. Don't let the title fool you; most my work was mundane, mind-melting administrative work. I reviewed the writeup with my supervisors, who had itemized a list of over a dozen examples of poor performance, including "taking a late or long lunch returning after 2pm severely impacts team productivity." I bit my tongue, listened, and acknowledged a decline in work performance. At the end of the meeting I was asked to review the writeup, agree in writing to improve my work performance, and return the signed document the following day. Instead, I went home and wrote the following resignation letter:It was an attempt to salvage a professional relationship by being honest, and it worked. We met the following day to discuss my response. We again sat down in a conference room, where I distributed my written response to my three Supervisors. Anticipating the tension, I thought of something to say in advance that might break the tension. I said:It worked. I got a chuckle out of all three of my bosses and they began to understand what our meeting was about. I was brutally honest and told them that I was working on my bitcoin projects at work on company time and that I had been neglecting my responsibilities to the Company. I then went on to say that I couldn't promise to improve my performance. I told my bosses the truth; I felt bad about the situation because I have great respect for them and they deserve a more reliable assistant than I could be. At the same time, bitcoin is my calling and my bosses all knew it. I had been beating the bitcoin drum at work since April and telling them to buy at $80. They thought I was crazy and that bitcoin was a ponzi scheme. I wrote an article here on Let's Talk Bitcoin!about the befuddled reactions I received titled " Why My Coworkers Think I'm Crazy...and Why They Might Be Right. " All in all, everything went better than expected. My bosses thanked me for being so candid and offered their support during the rest of my employment and afterwards. They said that they "always suspected" I was too ambitious for my position at The Company and that while they were sad I was leaving, they were also proud of me and happy that I found a passion. I couldn't have asked for better bosses. Don't get me wrong; I know that what I'm doing is very risky. I am leaving a stable income (with benefits) to pursue a career in the highly volatile, risky, and uncertain world of bitcoin. While I have accumulated a nice savings in bitcoin, an unforeseen bug in the bitcoin source code could rear its ugly head and bring the entire grand experiment to an instant halt; I accept that risk. Governments may get hostile and regulate bitcoin out of usefulness; I accept that risk. A "better bitcoin" may emerge and replace bitcoin; I accept that risk. I would not be able to accept these risks if, for example, I had a mortgage and mouths to feed. Fortunately, I am single, debt-free and risk-tolerant. More importantly, I have an almost pious faith in bitcoin's long-term viability and potential. I've said it once and will say it again: I'm boarding the bitcoin boat and will either make it to paradise or end up sleeping with the fish.

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