Topic: [2016-01-10] The Bitcoin Foundation Unveils 2016 Plan, Might Shut Down Instead (Read 399 times)
January 10, 2016, 11:01:20 AM
Do we really need a Bitcoin Foundation? It is of little use to promote bitcoin and costs a lot of money.
January 10, 2016, 10:17:43 AM
The Bitcoin Foundation Unveils 2016 Plan, Might Shut Down Instead
Is the Bitcoin Foundation Coming to an End?
Many of bitcoins earliest spokespeople have separated themselves from the group.
“It’s gonna cost money [to rehabilitate its image] and its lost so much credibility within the industry,”Trace Mayer said in a recent interview. “The problem is outside the industry people still kind of look at it and give it credence.” Mayer considered the notion of rehabilitating the foundation, but suggests “just winding it up.” He does have one concern:
“What I would not like to see is it co-opted,” he said.
Moreover, law enforcement might also have its doubts about the group’s viability considering both Charlie Shrem and Mark Karpeles – two people who displayed disregard for law and order – sat on the foundation’s board.
According to the Bitcoin Foundation, it’s 2016 mission will remain to “help advance Bitcoin and related technology through education advocacy and outreach across the globe by focusing on three primary areas:
1) Fostering Core Development
2) Furthering education & adoption
3) Working to limit harmful regulations and encourage technical rather than regulatory solutions
Core Development has grown more diffuse in recent years, with that trend speeding up in 2015. The Bitcoin Foundation has covered development funds in the past, but that does not necessarily need to only be done by the Bitcoin Foundation. Apparently the Blockchain can be used for that…
The Scaling Bitcoin conference has done nearly as much for Core Development than has the Bitcoin Foundation in a shorter history. The main tool Bitcoin cites for this is the DevCore conference, which has taken place in London, Boston and San Jose. That’s an average of one per year in the foundation’s existence since 2012.
http://bitcoinist.net/the-bitcoin-foundation-unveils-2016-plan/
Is the Bitcoin Foundation Coming to an End?
Many of bitcoins earliest spokespeople have separated themselves from the group.
“It’s gonna cost money [to rehabilitate its image] and its lost so much credibility within the industry,”Trace Mayer said in a recent interview. “The problem is outside the industry people still kind of look at it and give it credence.” Mayer considered the notion of rehabilitating the foundation, but suggests “just winding it up.” He does have one concern:
“What I would not like to see is it co-opted,” he said.
Moreover, law enforcement might also have its doubts about the group’s viability considering both Charlie Shrem and Mark Karpeles – two people who displayed disregard for law and order – sat on the foundation’s board.
According to the Bitcoin Foundation, it’s 2016 mission will remain to “help advance Bitcoin and related technology through education advocacy and outreach across the globe by focusing on three primary areas:
1) Fostering Core Development
2) Furthering education & adoption
3) Working to limit harmful regulations and encourage technical rather than regulatory solutions
Core Development has grown more diffuse in recent years, with that trend speeding up in 2015. The Bitcoin Foundation has covered development funds in the past, but that does not necessarily need to only be done by the Bitcoin Foundation. Apparently the Blockchain can be used for that…
The Scaling Bitcoin conference has done nearly as much for Core Development than has the Bitcoin Foundation in a shorter history. The main tool Bitcoin cites for this is the DevCore conference, which has taken place in London, Boston and San Jose. That’s an average of one per year in the foundation’s existence since 2012.
http://bitcoinist.net/the-bitcoin-foundation-unveils-2016-plan/
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