Stop grumbling people.
This is a great move. If they can keep the foundation working at least as effeciently as Linux foundation, only good can come from it.
Linux is also a decentralized project of a sort (as all Open Source projects kinda are), so creating similiar structures should work. At least in theory.
If you don't like this foundation, you can start your own. If people will be unsatisfied with Gavin's Bitcoin foundation, they will switch to your one. It is as simple as that.
No, I disagree it's a great move. I question it very seriously.
One of Bitcoin's biggest selling points is that it is NOT centralized. I've emphasized that fact when endorsing its use to others.
It's not about "Gavin's foundation". It's about
any foundation. The people involved with pioneering this foundation are some of the ones I admire most in the Bitcoin community. That doesn't mean I think this is automatically a good idea. To the contrary this is the first thing I've really considered a real threat to Bitcoin succeeding. In fact, it's a part of the problem of amassing power that these widely-admired people are the ones pioneering this move toward centralization.
EDIT: in my view, any sort of foundation Bitcoin needs for success (if it needs any) should necessarily limit its role and power as much as possible. For example, think what would happen if it did the reverse...
