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Topic: [ANN] Bitcoin Foundation - page 10. (Read 127621 times)

sr. member
Activity: 476
Merit: 250
October 03, 2012, 12:09:20 AM
I don't doubt the good intentions of the people involved in TBF, but as they say, the road to hell is paved with good intentions. 

Not to be pedantic, but the road to heaven is also paved the same way. Smiley

If TBF was stopping at just good intentions, I'd be wary. But every founding member is doing something intimately involved with Bitcoin and has every reason to better the network, the currency and the userbase, which is the same goal shared by many of us.

I gave them my btc because they're not promising anything. I also want to see Gavin get paid. Why everyone hasn't sent a few coins or few tenths of coin to the devs is a puzzle to me.



legendary
Activity: 1722
Merit: 1004
October 02, 2012, 11:40:05 PM
... which could turn into a scenario where the ignorant masses start using a client that is inherently bad for them while the fork that would attempt to correct that can get marginalized...

Now we start to get into some interesting human-nature discussions. Ultimately, bitcoin either fails or becomes an underlying tool on top of which traditional power structures are created if the masses are truly incapable of doing *a little* research and making their own decisions. You have to have *some* level of optimistic belief in human-nature, in the ability of people to see and seek a better alternative, in order to believe that something like bitcoin will result in a monetary utopia of sorts.

As noted, organizations such as TBF operating on top of bitcoin are inevitable. I believe this one has good intentions, with people on board who largely share the decentralization ethos. But there will be other orgs down the road with perhaps not-so-good intentions. It will be up to the masses to create the demand for the best software and best ecosystem. If you do not believe the masses are at all capable of making distinctions, then game over for certain utopian visions of bitcoin. 


Off topic:

I wonder if this is how it must have been when people in America at the very beginning were arguing whether or not they need a central bank. I wonder if the same sort of attacks through the use of sophistry, trickery, fallacies and ad hominems were used against those opposed when they were warning of the dangers such an institution poses down the road.

Indeed. Would love to find some time to study that debate.
donator
Activity: 490
Merit: 500
October 02, 2012, 07:13:31 PM
I like the initial creation that this foundation is.  Bitcoin could really benefit from this.  I will probably join myself , but wish the price was a bit cheaper for a company membership.  The current prices are a ways out of our reach, but one could hope business picks up.
legendary
Activity: 1652
Merit: 2301
Chief Scientist
October 02, 2012, 06:36:29 PM
If Gavin does not want (or does not have time, he is lead dev after all) to answer our criticism, he should at least delegate somebody to "scan" the forums to check what people's opinions are, and then answer them collectively on a blog or something.

So... if the membership agrees with your "bugs" then they'll get fixed.  Like I said, the vision is it will be a member-driven organization. And like I said, I find it is much more effective to start with something imperfect and improve it over time rather than try to get everything exactly right and make everybody completely happy at the start.

My personal opinion on the "bugs":

Name:  I like the name.  It can be changed if the membership decides on something better.

Hosting company: could easily be changed; it likely will be. I highly doubt Cloudflare is a government honeypot for anything besides catching DDoS botnet operators.

Identities/voting: Please see "Sybil Attack" for why we're requiring names, mailing addresses and emails. If you've got a magical way of identifying anonymous people please send me the source code, I could use it for the Bitcoin Faucet.

Privacy policy: fair point, there should be a privacy policy on the website.

US based: if Patrick (Foundation's lawyer) was Finnish we would probably be Finnish-based. That's the whole "perfect is the enemy of the good" thing (and I really don't want to have a month-long discussion about which legal jurisdiction is the least likely to declare Bitcoin Foundation illegal, which would be best for getting donors tax deductions, and whatever other arguments we could have).

I agree that users and miners should be represented more on the BF board.

One of the things that I think will be fascinating to watch is how users and miners organize themselves (or not) to elect people to the Board. I'm not going to pretend that the current composition of the Board is perfect-- I have no idea if some arrangement would be better. But it seems to me before making a statement like "there should be more of X on the Board" we should either get some experience under our collective belts to see how things work OR find an example of a similar, successful organization that works.

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
October 02, 2012, 05:52:38 PM
+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

i do support the bitcoin foundation
i just (and only) have the fear that mtgox uses this power to convince all bitcoin businness to copy his definition of tainted coins.

Why are you afraid of it? Did you steal anyone's wallet?

I am a supporter of the Bitcoin Foundation, and I think taint is a horrible idea.  All proposals to implement it so far are ineffective and are more likely to hurt naive bitcoin newbies than the thieves themselves.  The people who are 'out of the know' concerning taint will accept them, giving thieves a good or service in exchange, and they'll be stuck holding the bag.

Keeping bitcoins fungible is important.

This thread isn't for debating the merits (or lack thereof) of taint. However, there are plenty of threads that cover why this a bad idea already:
https://bitcointalksearch.org/topic/a-warning-against-using-taint-85433
https://bitcointalksearch.org/topic/taint-checker-list-67383
Oh, okay. It's semantics. If a blockchain can help identify a thief in some cases, I've got nothing against it. Calling coins "tainted" may be taking it too far. How about "blockchain forensics" then?
Moving on, back on topic. The issue of blockchain forensics is really something for the law enforcement and businesses to worry about, not the average users or miners. I agree that users and miners should be represented more on the BF board.


full member
Activity: 169
Merit: 100
October 02, 2012, 05:19:38 PM
+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

i do support the bitcoin foundation
i just (and only) have the fear that mtgox uses this power to convince all bitcoin businness to copy his definition of tainted coins.

Why are you afraid of it? Did you steal anyone's wallet?

I am a supporter of the Bitcoin Foundation, and I think taint is a horrible idea.  All proposals to implement it so far are ineffective and are more likely to hurt naive bitcoin newbies than the thieves themselves.  The people who are 'out of the know' concerning taint will accept them, giving thieves a good or service in exchange, and they'll be stuck holding the bag.

Keeping bitcoins fungible is important.

This thread isn't for debating the merits (or lack thereof) of taint. However, there are plenty of threads that cover why this a bad idea already:
https://bitcointalksearch.org/topic/a-warning-against-using-taint-85433
https://bitcointalksearch.org/topic/taint-checker-list-67383
jr. member
Activity: 56
Merit: 1
October 02, 2012, 05:16:14 PM
+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

i do support the bitcoin foundation
i just (and only) have the fear that mtgox uses this power to convince all bitcoin businness to copy his definition of tainted coins.

Why are you afraid of it? Did you steal anyone's wallet?

Yeah, are you one of those terrorists? If you've done nothing wrong, you've got nothing to hide.

Now let me check your genitals for STDs.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
October 02, 2012, 05:12:33 PM
+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

i do support the bitcoin foundation
i just (and only) have the fear that mtgox uses this power to convince all bitcoin businness to copy his definition of tainted coins.

Why are you afraid of it? Did you steal anyone's wallet?
legendary
Activity: 1470
Merit: 1006
Bringing Legendary Har® to you since 1952
October 02, 2012, 02:22:30 PM
+111111111111
Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

Sidetracked ? You are not listening to the critics at all man. You simply don't get it.

I think that the foundation is good and important thing, but why not fix some bugs while the thing is small. After the foundation grows big, it will be more difficult to make important changes.

Here is the list of bugs to be (potentially) fixed:

Quote
1. The name "The Bitcoin Foundation" wrongly suggest that it is the central authority that controls Bitcoin.
2. The hosting company of the BitcoinFoundation.org is (with high probability) a Government-run honeypot.
3. There is no safe way for people to have a vote in the Foundation without giving up their identities (which could prove fatal in case of Bitcoin users are declared terrorists, or government tries to confiscate Bitcoins from them).
4. Lack of clear privacy policy. No mention about security of member's personal data (are the servers encrypted or whatever).
6. The organization is not for profit which means it can't go bankrupt should it provide a crappy service as long as big businesses are prepared to open their purse they can operate indefinitely. (a scary thought)
7. The foundation servers are in US, making it trivial for FED & law enforcement to raid them & gather all TBF member data.

(optional) - The CEO of MtGox (with all the problems with anonymity, taint listing, AML shit, KYC shit and arbitrary account freezing in this exchanger) is a founder.
(optional) - The lead dev who owns the git access and is a founding member and a member of the board of directors for the next two years is a conflict of interest.

Not listening to critics is not a good thing. It's like dictatorial stance "we don't give a fuck about what you think, we will do what we want".
I also know that Gavin probably has me on his ignore list, because he never answers any of my posts directed at him, which is also not very nice.

If Gavin does not want (or does not have time, he is lead dev after all) to answer our criticism, he should at least delegate somebody to "scan" the forums to check what people's opinions are, and then answer them collectively on a blog or something.
legendary
Activity: 1428
Merit: 1000
October 02, 2012, 07:27:47 AM
+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.

i do support the bitcoin foundation
i just (and only) have the fear that mtgox uses this power to convince all bitcoin businness to copy his definition of tainted coins.
legendary
Activity: 2100
Merit: 1000
October 02, 2012, 07:25:53 AM
hazek, you're really annoying me.

First, you edited my OP and broke all of the links changing .org to .com.
Then you sent me a PM asking if it would be ok to move this thread to Service Discussion.  WTF?  If discussion of the Foundation isn't a good topic for the main Discussion forum what is?

Now you spout off about 'Gavin this, Gavin that.'

It isn't easy to piss me off, but, I'm sorry, you're really pissing me off. Bounties?  Really?  Point me to a successful security-critical open source project where bounties pay the rent.

I haven't tried kickstarter-like fundraising?  http://blockchain.info/address/17XvU95PkpDqXAr8ieNpYzSdRDRJL55UQ8  is the address for the Bitcoin Testing Project, which has received a grand total of 72 BTC, which isn't nearly enough to pay a QA grunt, let alone a QA lead.

You say "why change, Bitcoin has been working great for me!"

It hasn't been working great for me; I'm frustrated by the lack of resources and all of the distractions I have to deal with as the unelected, un-asked-for de-facto leader of this amazing experiment. I'm excited about the Foundation, because it is bringing together dedicated, effective people who all want Bitcoin to succeed.


+111111111111

Gavin
Keep moving forward. You are doing a fantastic job. Don't get sidetracked by a few  critics. Most people here support you and even if not , they can create their own foundation or club.
sr. member
Activity: 252
Merit: 250
Lead Core BitKitty Developer
October 02, 2012, 02:25:02 AM
Quote
 A voluntary organization has been organized to help provide resources to continue that work.
Voluntary? What is voluntary by demanding to get paid for the providing of resources?

Huh
Unless you're forcing people to pay or to provide resources, that's pretty much the textbook definition of voluntary exchange.

Ok, turns out there's a slight language confusion on my part there, I'm sorry. In my native language voluntary would translate to work you do without getting paid. As you understand, that would stand in contrast to Gavin now wanting money for work he used to do for free. (Which I'd consider more hobby than work anyway)

I now understand what jgarzik meant with his voluntary statement and I apologize for the confusion. Smiley
legendary
Activity: 1792
Merit: 1047
October 01, 2012, 07:08:40 PM
If history is any indication the idea of a Bitcoin Foundation can lead to a central authority system that will be susceptible to third party influence.

Examples, please.

It is always important to self regulate in order to prevent abuses of power.

Edit:
Quote
Please visit the Foundation website for details, and please keep in mind that nothing is set in stone; the structure of the Foundation can be changed by a vote of its members, and exactly what the Foundation does will largely depend on who is willing to step up do the work to make things happen.

Simple examples of organizations that have been used to keep the "peace" but may not necessarily be open to outside "scrutiny" (for good cause)

OPEC

http://en.wikipedia.org/wiki/OPEC

Quote
Despite the slow return to health of a sickly world economy, oil fetches a lofty $75 a barrel, which Saudi Arabia, OPEC's most influential member reckons is "ideal".
source

Federal Reserve System
http://en.wikipedia.org/wiki/Federal_Reserve_System


Quote
The Federal Reserve is not a government agency. There are 12 Federal Reserve Member Banks.
A member bank is a private institution and owns stock in its regional Federal Reserve Bank.
Member banks, do however, elect six of the nine members of the Federal Reserve Banks' boards of directors.[31][76] From the profits of the Regional Bank of which it is a member, a member bank receives a dividend equal to 6% of their purchased stock.[17] The remainder of the regional Federal Reserve Banks' profits is given over to the United States Treasury Department.
source

Who Owns the Federal Reserve

Quote
"Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York"

"many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy"

"It is difficult researching this particular claim because a Federal Reserve Bank is not a publicly traded corporation and is therefore not required by the Securities and Exchange Commission to publish a list of its major shareholders. The question of ownership can still be addressed, however, by examining the legal rules for acquisition of such stock. The Federal Reserve Act requires national banks and participating state banks to purchase shares of their regional Federal Reserve Bank upon joining the System, thereby becoming "member banks" (12 USCA 282). Since the eight banks Mullins named all operate within the New York Federal Reserve district, and are all nationally chartered banks, they are required to be shareholders of the New York Federal Reserve Bank."
source

The Federal Reserve ADMITS that Its 12 Banks Are PRIVATE – Not Government – Entities

Quote
Indeed, Ron Paul noted recently that one-third of all fed bailout loans – and essentially 100% of
loans from the New York Fed – went to foreign banks.
source




Quote
However If history is any guide, having some sort of central bank may have been better than none. Out of 100 years of Fed control, the country has had 22 recessional years, including one depression. The 100 years before the Fed saw 44 recessions and six depressions.

What's left is this: until someone thinks of a better idea than the gold standard or handing the economic keys to the Treasury Department, or just leaving a void, the Fed will probably have to stick around—flaws and all.

"I think most of the rhetoric is political blather and adds to a degree of uncertainty around the world, hurting all aspects of growth," says John Allan James. "It may make good media copy, but the chances of the Fed being dissolved are totally unrealistic."

Source

Read more: http://articles.businessinsider.com/2012-02-09/wall_street/31040431_1_interest-rates-big-banks-member-banks#ixzz285rfS66H

More down to earth examples of how regulation has been used for select groups.

http://news.cnet.com/8301-13579_3-57443091-37/yep-apple-owns-iphone5.com-now/

http://en.wikipedia.org/wiki/Internet_censorship_in_the_People's_Republic_of_China

http://en.wikipedia.org/wiki/Stop_Online_Piracy_Act
legendary
Activity: 980
Merit: 1020
October 01, 2012, 06:15:05 PM
If history is any indication the idea of a Bitcoin Foundation can lead to a central authority system that will be susceptible to third party influence.

Examples, please.
legendary
Activity: 1792
Merit: 1047
October 01, 2012, 06:12:25 PM
I think a reasonable request for the foundation would be to provide a mechanism for Satoshi to claim the founders chair, and one of the enumerated powers of the founder's chair would be to dissolve the foundation.

Just to be sure no one is running away with an idea that isn't theirs.

If history is any indication the idea of a Bitcoin Foundation can lead to a central authority system that will be susceptible to third party influence.
sr. member
Activity: 966
Merit: 311
October 01, 2012, 05:42:15 PM
I think a reasonable request for the foundation would be to provide a mechanism for Satoshi to claim the founders chair, and one of the enumerated powers of the founder's chair would be to dissolve the foundation.

Just to be sure no one is running away with an idea that isn't theirs.
hero member
Activity: 630
Merit: 500
October 01, 2012, 04:02:55 PM
Quote
 A voluntary organization has been organized to help provide resources to continue that work.
Voluntary? What is voluntary by demanding to get paid for the providing of resources?

Huh
Unless you're forcing people to pay or to provide resources, that's pretty much the textbook definition of voluntary exchange.
legendary
Activity: 980
Merit: 1020
October 01, 2012, 04:02:17 PM
Voluntary? What is voluntary by demanding to get paid for the providing of resources?

One of the dumbest statement ever made in this thread.
legendary
Activity: 1596
Merit: 1100
October 01, 2012, 04:00:15 PM
Quote
 A voluntary organization has been organized to help provide resources to continue that work.
Voluntary? What is voluntary by demanding to get paid for the providing of resources?

*plonk*

hero member
Activity: 630
Merit: 500
October 01, 2012, 03:58:58 PM
1. The name "The Bitcoin Foundation" wrongly suggest that it is the central authority that controls Bitcoin.

[as mentioned before] this is a fair point, but really bike shedding at this juncture.

Bikeshedding?
The name is a lie in itself, for a start. This organization is not the foundation of Bitcoin.
And it will inevitably mislead ignorant people into believing this organization has authority over Bitcoin. That will likely make people trust this organization more than they should.
And the worst of all: the name was likely chosen to have such effect.
I have a hard time trusting an organization that's born with intentions of lie and deception...

Quote
3. There is no safe way for people to have a vote in the Foundation without giving up their identities (which could prove fatal in case of Bitcoin users are declared terrorists, or government tries to confiscate Bitcoins from them).

An understandable criticism, but I think this is within the realm of member policy.

What do you mean by "within the realm of member policy"?
This reason alone is enough for me not joining nor donating anything. It shows that, besides lying and trying to trick people, they also lack some basic principles which are important. Privacy is particularly important in the world we live in.
The fact they've included Satoshi as a founder, although not being of any practical relevance, also shows they don't understand voluntary associations.

Quote
6. The organization is not for profit which means it can't go bankrupt should it provide a crappy service as long as big businesses are prepared to open their purse they can operate indefinitely. (a scary thought)

Bogus criticism:  the foundation will disappear if its members dislike its actions.  Thus there is a free-market economic feedback mechanism and members are the customers.

I agree with this point of yours. This is obviously a voluntary organization. I'm seeing comparisons with the Fed in this thread, which are not fair since the Fed is a result of government violence. This organization is not.

Not everything that is voluntary produces good results though.
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