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Topic: [ANN] Bitcoin Foundation - page 54. (Read 127634 times)

legendary
Activity: 1147
Merit: 1001
September 27, 2012, 11:34:42 AM
I think this is a great development. It has the potential to be very useful for spreading Bitcoin.

I supported the idea in the past so I'm it is really glad it is actually happening now.

As coincidence would have it I have been developing a Bitcoin boardgame in the last few days with a "Bitcoin Foundation" as one of its components.  Smiley
full member
Activity: 182
Merit: 100
September 27, 2012, 11:22:22 AM
Even if the bitcoin foundation is only used to fund Gavin, it would be worth it.

And I am fine with that, but let's call it the "Let's pay Gavin's nut" foundation, not the "Bitcoin Foundation" Smiley
hero member
Activity: 763
Merit: 500
September 27, 2012, 11:19:55 AM
would be cool if they link to all the already existing nonprofit bitcoin foundations out there ... to emphasize the p2p networking aspect and so on.
full member
Activity: 182
Merit: 100
September 27, 2012, 11:19:00 AM
IF the bitcoin foundation can convert enemies to allies, it will done quite well for itself. Even if the bitcoin foundation is only used to fund Gavin, it would be worth it.

Bitcoin as we know it, and as it was devised by Satoshi will ALWAYS be against the interests of the modern, blood sucking state, period. They will never be allies unless Bitcoin becomes Paypal and tax accountability is in place. This is just a fact. Why do you think Satoshi was so particular about his anonymity? Because he thought he could "mainstream" Bitcoin?
legendary
Activity: 980
Merit: 1020
September 27, 2012, 11:10:54 AM

And is such formalization necessary? The potential for misunderstandings is big there.
If this was named "Gavin's Bitcoin Development Group" I'd probably be perfectly fine with it. "Bitcoin Foundation" is a lie in its own name, and will certainly provoke misunderstandings.


Very well. I understand your concern for big misunderstanding. However, I think they are overblown.


HTML5 doesn't have enemies. And HTML5 is not really significant to me, so I just don't care. About Bitcoin I do care though.

Sure it does, but they are weak or insignificant or they have become part of the HTML5 army. Think of android, for example, they have lot of powerful enemies.

IF the bitcoin foundation can convert enemies to allies, it will done quite well for itself. Even if the bitcoin foundation is only used to fund Gavin, it would be worth it.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
September 27, 2012, 11:08:02 AM
I think the mission statement for the fundation should read:

"To advance the interest of the biggest players in the industry (mtgox and bitinstant), who already have their hands on everything Bitcoin related. To annihilate competition and to foster camaraderie between the good ol'boys, and to elect a board of directors without any democratic input whatsoever from the true owners of Bitcoins: Its community. Finally, to provide a tax exempt vehicle to pay Gavin Andersen for developing open source, free software".

NO THANK YOU!. We have enough of the Bitinstant/MtGox vaporware and nonsense. I am going to pass on this one.

How about NOBODY that PROFIT from Bitcoin should be on the board? How about not having the SAME attorney for BitInstant and Roger Ver on the board of an "independent" fundation.

I am sorry, but this is a transvestite, just like the last organization that Charlie Shrem and Vorhees were involved with the scammer Matthew N. Wright http://dcao.org/

I hope this community REMEMBERS. I would urge anybody caring about Bitcoin to stay away from this monopoly.

Firstly,

MtGox and BitInstant are listed there because they are the first corporate members. You are more than welcome to join as well. In fact, if you own 1 BTC then you are a profiteer as well when the price goes up.

Second, BitInstant and myself had no involvment with the DCAO other than Matt inviting me to it (like every other Bitcoin business owner was) and putting my name on the website..which I asked him to take down many times.

The foundation is extremely democratic. All you have to do is join for the smallest membership and you can be on the board as well by voting, the same way the other board members are on it.

We've spent hunreds of thousands of dollars and speak to regulators, goverment officials, corporate execs, ect. They all agreed that a foundation neds to be in place for Bitcoin to succeed.

No one owns the foundation, and board seats are not for life. Anyone can run the foundation, just like Bitcoin it runs itself.

Does a PO box count as a "real address"?

How is the Founder board seat given away?

Exactly my point. Why aren't you on the board? You have been as instrumental (if not more) to Bitcoin than Charlie Shrem or Mark for that fact. I guess you have to run a highly profitable bitcoin business to be considered for the position.

Not sure why Theymos was not involved in this. Gavin invited us all in here, and has nothing to do with owning/running a business.

Forsure Theymos should be involved, thats why Peter wrote in his letter we are looking for an exec director and other positions.

Everyone who own a single bitcoin profit when the price rise. So no bitcoiners should be on the bitcoin board. Only paypal and mastercard and everyone who hate bitcoin should be on board.(They don't profit from bitcoin, remember?)

MtGox and BitInstant. They even share lawyers for Pete's sake! How is this a good idea? Am I missing something here?

Another error of yours. Patrick is my lawyer not MtGox's. He has donated his time for free to work for the foundation and I have spent alot of money training Patrick on the laws and regulatory structure of Bitcoin.

He is the most well versed for the job and he is doing it for free.

Please get your facts straight.


He, you just made me realize that Satoshi himself wouldn't be able to be a member of it, if he wants to preserve his anonymity.

+1 THIS. This goes about the very spirit of Bitcoin and its founder. These corporate identities want to make Bitcoin into the next PayPal under the disguise of a "foundation".

Satoshi is in the bylaws of the foundation and the founding member.

Before making statements, please verify you have all the information as I've mentioned before.

-Charlie
hero member
Activity: 630
Merit: 500
September 27, 2012, 11:06:41 AM
I'm happy with the board selection.

If they invite you, would you accept being part of it?
kjj
legendary
Activity: 1302
Merit: 1026
September 27, 2012, 11:06:23 AM
The industry pricing suggests that it is intended for "bitcoin industry", rather than "industry that happens to accept payment in bitcoin".  Considering the structure of the organization, the distinction seems like a reasonable one to make.
where do pools fit in this?
If mining is not a basic "industry" of Bitcoin - what is?

A very good point.  And I would suggest that correcting this oversight become the first high priority project.

I suggest two seats just for mining, with voting decided in the coinbase rather than creating a third category of membership.
full member
Activity: 182
Merit: 100
September 27, 2012, 11:04:35 AM
He, you just made me realize that Satoshi himself wouldn't be able to be a member of it, if he wants to preserve his anonymity.

+1 THIS. This goes about the very spirit of Bitcoin and its founder. These corporate identities want to make Bitcoin into the next PayPal under the disguise of a "foundation".
hero member
Activity: 597
Merit: 500
September 27, 2012, 11:03:31 AM
Give me an example how a fat ass target foundation will cause us to lose everything?

Imagine USA declares bitcoin illegal and asks the foundation based in this country to leak all the users joined database. All we are now early adopters but, if the foundation becomes the "face" of bitcoin is quite probable that all the newbies will join in there and loose their anonimity.

Imagine the foundation starts buying patents and creation rights from the bitcoin universe.
hero member
Activity: 630
Merit: 500
September 27, 2012, 11:03:22 AM
So, the Gates Foundation invented gates?  The Rockerfeller Foundation invented Rockerfellers?

Perfect, name it "Gavin Foundation" then. I'm fine with that. Wink
hero member
Activity: 630
Merit: 500
September 27, 2012, 11:02:29 AM
Does a PO box count as a "real address"?

How is the Founder board seat given away?

He, you just made me realize that Satoshi himself wouldn't be able to be a member of it, if he wants to preserve his anonymity.
kjj
legendary
Activity: 1302
Merit: 1026
September 27, 2012, 11:01:29 AM
Wordplay matters.
You name the organization like that, and many newbies will consider it is the project founder and maintainer. They will think such foundation is responsible for the project, as the Tor Project organization is pretty much responsible for the Tor project.

So, the Gates Foundation invented gates?  The Rockerfeller Foundation invented Rockerfellers?
full member
Activity: 182
Merit: 100
September 27, 2012, 11:00:18 AM
Everyone who own a single bitcoin profit when the price rise. So no bitcoiners should be on the bitcoin board. Only paypal and mastercard and everyone who hate bitcoin should be on board.(They don't profit from bitcoin, remember?)

I am trying to figure out if you are being facetious or are you trying to be serious. There is a sea of difference between an individual owning a couple of coins and profiting from perhaps speculations to a foundation who's board is controlled by the biggest monolithic structure in this industry: MtGox and BitInstant. They even share lawyers for Pete's sake! How is this a good idea? Am I missing something here?
hero member
Activity: 630
Merit: 500
September 27, 2012, 11:00:10 AM
The bitcoin project is de-facto the official standard bearer for the development of the bitcoin network. The Bitcoin Foundation is just formalizing it.

And is such formalization necessary? The potential for misunderstandings is big there.
If this was named "Gavin's Bitcoin Development Group" I'd probably be perfectly fine with it. "Bitcoin Foundation" is a lie in its own name, and will certainly provoke misunderstandings.

Quote
I would prefer if Bitcoin stayed just like E-mail: no "E-mail Foundation", no "E-mail phone number" etc, and everybody understands that very well. Nobody asks for an "authority over E-mail".

HTML5 is determined by a standard group. There's no evil people going around making HTML5 into a tool for government spying.

HTML5 doesn't have enemies. And HTML5 is not really significant to me, so I just don't care. About Bitcoin I do care though.
hero member
Activity: 742
Merit: 500
September 27, 2012, 10:58:56 AM
And of course the announcement of the month that I desperately wanted to be first to the press with happens at 3AM while I'm sound asleep.

Damn morning people. Grin
member
Activity: 69
Merit: 20
September 27, 2012, 10:58:13 AM
The Bitcoin Foundation is modeled on the Linux Foundation.
Do we get "[email protected]" vanity addresses like with the Linux Foundation? (I'd like that.)

+1 to this idea!
administrator
Activity: 5222
Merit: 13032
September 27, 2012, 10:57:26 AM
I'm happy with the board selection.
full member
Activity: 182
Merit: 100
September 27, 2012, 10:56:25 AM
Does a PO box count as a "real address"?

How is the Founder board seat given away?

Exactly my point. Why aren't you on the board? You have been as instrumental (if not more) to Bitcoin than Charlie Shrem or Mark for that fact. I guess you have to run a highly profitable bitcoin business to be considered for the position.
administrator
Activity: 5222
Merit: 13032
September 27, 2012, 10:52:36 AM
Does a PO box count as a "real address"?

How is the Founder board seat given away?
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