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Topic: BFL creates new charity project to donate 1000 BTC to [ROFL!] - page 7. (Read 8555 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
PROVE TO ME THE ADDRESSES THEY CLAIM TO HAVE SENT "DONATIONS" TO ARE NOT THEIRS....OH RIGHT YOU CAN'T.

 YOU FAIL. Cheesy


huh?

I'm not proving anything. All I'm suggesting, is that on their website, they have an address posted, that had 1000 BTC in it, and they have made an announcement, and then sent three 50 btc donations from it. That's what it looks like.

I use donations liberally, because it looks more like two of them are payment for work.

Yes, some other random person could have sent 1000 BTC to an account, and sent out three payments for work to people that happened to perform work for BFL. Yes, that's a possibility, and I'll agree that with BFL's track record, who the fuck knows for sure...

In case you missed my point, BFL can claim all they want that they are "donating" to people/charities but until there is a 3rd party to verify it, it is all bullshit in my view.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
They are ultimate trolls and they enjoy being it, lol
hero member
Activity: 714
Merit: 500
Psi laju, karavani prolaze.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
My first ever WTF bump!
hero member
Activity: 504
Merit: 500
WTF???
Apparently , according to reddit; 50 BTC has gone to Luke-Jr's charity...

You can see that on their site and the block chain. It didn't go to Like Jrs charity, they paid Lukey for modifynig his software so that their miners will work.
hero member
Activity: 532
Merit: 500
Apparently , according to reddit; 50 BTC has gone to Luke-Jr's charity...
legendary
Activity: 1904
Merit: 1007
Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)
Yeah fuck you too.
... and no I didn't get any so fuck you again Smiley

Is retard Inaba teaching you how to treat people who have something against you?

Please don't hate on Kano. He's a cool dude.  Undecided

I don't hate Kano, but he should use the ignore function or reply politely. I saw a lot of flames coming from retard Inaba, but didn't expect Kano to use the same language.
KSV
sr. member
Activity: 398
Merit: 250
SVERIGES VIRTUELLA VALUTAVÄXLING
Not that I'm advocating for BFL but..

Lots of rich people do exactly that, basically give money to themselves, but a separate tax entity. All of which is perfectly legal.

Bill Gates created the Bill and Melinda Gates foundation, which he and his wife controlled, and then donated Micro$oft money to it. Essentially, he donated the money to himself, so he still has a say in where the money goes.

Did you really thing Bill Gates was going to give money to anybody but himself?

So did Guggenheim, Carnegie and many others.

It's standard operating procedure in corporate America. It's always a shady, but perfectly legal.



my point exactly. . . but still hmmmmmmmm.....
hero member
Activity: 952
Merit: 1009
Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)
Yeah fuck you too.
... and no I didn't get any so fuck you again Smiley

Is retard Inaba teaching you how to treat people who have something against you?

Please don't hate on Kano. He's a cool dude.  Undecided
legendary
Activity: 1904
Merit: 1007
Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)
Yeah fuck you too.
... and no I didn't get any so fuck you again Smiley

Is retard Inaba teaching you how to treat people who have something against you?

Edit: Also it seems that they only donated ~150 BTC from the promised 1000. Let's see how long will it take them to actually donate ALL 1000 BTC!
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
OK... This should do it for a scammer tag.

Theymos ended the scammer tag aspect, giving us the Trust thingy in its place.
hero member
Activity: 504
Merit: 500
WTF???
I, personally, like the idea of the 1000BTC donation going to an organization which then doles out smaller donations to the community. But that organization's choices should be independent of the group funding it, and maybe it will be.

By donations to smaller groups, I'm sure you also don't mean, pay their developers a salary through it like they have done so far.

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
https://forums.butterflylabs.com/content/134-butterfly-labs-donates-1000-btc-charity-bitcoin-related-projects.html

Nice. Create your own charity project and then donate 1000 BTC to yourself because you still control the money supply or "honey pot". Tongue

BFL is seriously dirty players.

This saddens me to no end!

This is the icing on the cake to have them get the scammer tag of which is no longer available on BitcoinTalk.

Not only is BFL a piece of shit, but all those who defend them are PIECES OF SHIT also, for there is no motherfucking way in hell an honest person would even begin to try to justify this action.

I haven't finished reading everything yet, but it wouldn't surprise me to see that Josh, too, is donating his 1000K BTC to the same phantom fund, and this is a PHANTOM FUND run by none other than Sonny Vleisides, of which I'm pretty sure it's against his probation terms to do such.

These motherfuckers are going down, and going down hard. I advice that all those who have pre-ordered to get out while the getting out is good, for a handful of use are about to go full retard and start making phone calls and sending out emails.

THIS IS NOT A MOTHERFUCKING THREAT!!!

I predicted that BFL would do just this (set up their own charity), but currently too fuckin' pissed to hunt the post.

Madness! Utter motherfuckin' madness!
sr. member
Activity: 454
Merit: 252
If they're serious they should dump the cash into a trust controlled by people outside BFL. Or they should make sure to give a few BIG chunks of that cash out immediately to worthwhile causes like zerocoin. Charity in my mind was like cancer treatment or hospitals or something...

+1 This.

They should use an escrow to prove they have 1000 BTC to donate and have that escrow donate it on behalf of them publicly so there is no funny business.

John could do it.

Likely BFL doesn't want to do this because it involves an honest 3rd party to keep things transparent.

I originally didn't have a problem with BFL creating an external charitable organization, but you're right - all celebrity charities are run by an external board. BFL too may need to set this up, otherwise it could be seen as a way of money laundering or tax evasion.

I, personally, like the idea of the 1000BTC donation going to an organization which then doles out smaller donations to the community. But that organization's choices should be independent of the group funding it, and maybe it will be.
hero member
Activity: 504
Merit: 500
WTF???
PROVE TO ME THE ADDRESSES THEY CLAIM TO HAVE SENT "DONATIONS" TO ARE NOT THEIRS....OH RIGHT YOU CAN'T.

 YOU FAIL. Cheesy


huh?

I'm not proving anything. All I'm suggesting, is that on their website, they have an address posted, that had 1000 BTC in it, and they have made an announcement, and then sent three 50 btc donations from it. That's what it looks like.

I use donations liberally, because it looks more like two of them are payment for work.

Yes, some other random person could have sent 1000 BTC to an account, and sent out three payments for work to people that happened to perform work for BFL. Yes, that's a possibility, and I'll agree that with BFL's track record, who the fuck knows for sure...
hero member
Activity: 672
Merit: 500
Roll Eyes

If you shake hands with somebody from BFL, I recommend to count your fingers afterwards!


HAHHHAHHAAHAHAH
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
If they're serious they should dump the cash into a trust controlled by people outside BFL. Or they should make sure to give a few BIG chunks of that cash out immediately to worthwhile causes like zerocoin. Charity in my mind was like cancer treatment or hospitals or something...

+1 This.

They should use an escrow to prove they have 1000 BTC to donate and have that escrow donate it on behalf of them publicly so there is no funny business.

John could do it.

Likely BFL doesn't want to do this because it involves an honest 3rd party to keep things transparent.

They did put the 1000 BTC at an address that they have sent the first three 50 BTC donations out from.

I'm too lazy to do too much analysis on where the coins came from, but there is this one https://blockchain.info/address/1KhHvmZXxqGRA821Rsqcs6FF2EwLsddrSX

which has had over 44,000 BTC run through it starting back in October. Which, is coincidentally, the first time they said they were going to start shipping.

PROVE TO ME THE ADDRESSES THEY CLAIM TO HAVE SENT "DONATIONS" TO ARE NOT THEIRS....OH RIGHT YOU CAN'T.

 YOU FAIL. Cheesy
hero member
Activity: 504
Merit: 500
WTF???
If they're serious they should dump the cash into a trust controlled by people outside BFL. Or they should make sure to give a few BIG chunks of that cash out immediately to worthwhile causes like zerocoin. Charity in my mind was like cancer treatment or hospitals or something...

+1 This.

They should use an escrow to prove they have 1000 BTC to donate and have that escrow donate it on behalf of them publicly so there is no funny business.

John could do it.

Likely BFL doesn't want to do this because it involves an honest 3rd party to keep things transparent.

They did put the 1000 BTC at an address that they have sent the first three 50 BTC donations out from.

I'm too lazy to do too much analysis on where the coins came from, but there is this one https://blockchain.info/address/1KhHvmZXxqGRA821Rsqcs6FF2EwLsddrSX

which has had over 44,000 BTC run through it starting back in October. Which, is coincidentally, the first time they said they were going to start shipping.
legendary
Activity: 1190
Merit: 1000
If they're serious they should dump the cash into a trust controlled by people outside BFL. Or they should make sure to give a few BIG chunks of that cash out immediately to worthwhile causes like zerocoin. Charity in my mind was like cancer treatment or hospitals or something...

+1 This.

They should use an escrow to prove they have 1000 BTC to donate and have that escrow donate it on behalf of them publicly so there is no funny business.

John could do it.

Likely BFL doesn't want to do this because it involves an honest 3rd party to keep things transparent.

Oh. No escrow?
Not real. Not news. All BFL news must contain escrow.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
If they're serious they should dump the cash into a trust controlled by people outside BFL. Or they should make sure to give a few BIG chunks of that cash out immediately to worthwhile causes like zerocoin. Charity in my mind was like cancer treatment or hospitals or something...

+1 This.

They should use an escrow to prove they have 1000 BTC to donate and have that escrow donate it on behalf of them publicly so there is no funny business.

John could do it.

Likely BFL doesn't want to do this because it involves an honest 3rd party to keep things transparent.
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