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.
Oh really? Who guarantees us that? How many people have to dislike its actions before it will go away? 50%? 51? 80? 99%? And then what? It will just *poof!* magically go away? And what about all the stuff it then apparently has already done that made people dislike it? Will that also magically be reversed?
You really think you and your fellow board members will just stop the foundation if people don't like it? Even when a lot of companies have bought the big corporate memberships? And what does that say for the "lifetime memberships"? They are actually "lifetime until enough people dislike us memberships"?
No it's not, and other exchanges prove it. It ís necessary if you want to get very rich though....
But bitcoin is not supposed to bé like fiat systems, right? So how can this ever be an argument?