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Topic: [2015-12-18][Forklog.net] The Bitcoin Foundation: Down and Out (Read 470 times)

BTT
full member
Activity: 143
Merit: 100
Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big trouble.

The foundation’s main trouble, however, is not in its almost complete lack of money, or desolation of its management board.

The organization’s financial bankruptcy is a direct consequence of a more fundamental bankruptcy in terms of conception, ethics, and psychology. The foundation that does very little, though always bids to be an unofficial supreme council of cryptocurrency, cannot be trusted for a long time.

Read more: http://forklog.net/the-bitcoin-foundation-down-and-out/
Twitter:https://twitter.com/forklog_en
Facebook:https://www.facebook.com/forklogen

Bitcoin Foundation's memberships were way too expensive anyway. They didn't even contribute to the bitcoin community. Good riddance.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
What the f*** did they ever do for Bitcoin and it's supporters? Ever?
legendary
Activity: 2408
Merit: 1121
Good riddance. They were never a productive force, and frankly, never elected to be leaders of anything.

Blowing all of their cash with nothing to show for it except some overtures at snuggling up with federal agencies should tell you all you need to know.
sr. member
Activity: 367
Merit: 250
Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big trouble.

The foundation’s main trouble, however, is not in its almost complete lack of money, or desolation of its management board.

The organization’s financial bankruptcy is a direct consequence of a more fundamental bankruptcy in terms of conception, ethics, and psychology. The foundation that does very little, though always bids to be an unofficial supreme council of cryptocurrency, cannot be trusted for a long time.

Read more: http://forklog.net/the-bitcoin-foundation-down-and-out/
Twitter:https://twitter.com/forklog_en
Facebook:https://www.facebook.com/forklogen
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