Bitcoin Foundation By-Laws? | Bitcointalksearch.org

gweedo

legendary

Activity: 1498

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Quote from: wumpus on April 26, 2013, 03:16:56 AM

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You really can't make another foundation and start asking for 10,000BTC when you have no power. The foundation has power, behind it.

Well the thing with power is that it's fluid. Just complaining about it won't get your far, but I'm sure there are people with "power" outside the immediate circles of the Bitcoin foundation that could just as well get some things done, if only they'd organize. It's not like the Bitcoin Foundation is a repressive regime that drones down everyone that poses a danger to their "monopoly"

I agree but when the lead developer and some real heavy hitters in the bitcoin world are part of something it is very hard and time consuming, break that down.

I am happy you kept your independence!

Dunster

newbie

Activity: 54

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If they are violating their own by-laws what else are they violating?

MEMBERSHIP CLASS   MEMBERSHIP DUES
Founding Members   10BTC per annum
Industry Members (Silver)   500BTC per annum
Industry Members (Gold)   2,500BTC per annum
Industry Members (Platinum)   10,000BTC per annum
Individual Members   2.5BTC per annum
Individual Members (Lifetime Membership)   25BTC one-time

Come-from-Beyond

legendary

Activity: 2142

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Newbie

Quote from: Dunster on April 26, 2013, 02:31:30 AM

Hello,

Does anyone know where the By-laws are located for the Bitcoin Foundation? They are referred to here:

https://bitcoinfoundation.org/about/governance

Also, are there any sort of Articles available or filed anywhere which show the genesis of the foundation?

It would be interesting to see how the foundation came into being and how the members appointed themselves.

Thank you.

They violated their own by-laws when did not paid for membership (I asked for transaction id and they were unable to provide it).

It's a scam, not a foundation.

Justin00

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★YoBit.Net★ 350+ Coins Exchange & Dice

Is it still 10,000 Huh

?
It was 10,000 at like $10... hope its still not 10,000 now price is $150 ?

Dunster

newbie

Activity: 54

Merit: 0

Running "The Foundation" out of a US corporation is not really in the spirit of Bitcoin.

This looks like an opportunity to declare an organization that exists on the Internet. Something ground breaking would be to have the organization exist outside of a geographical jurisdiction. (Perhaps the .bit namespace)

I see documents like the following being useful for its Genesis:

Articles of Organization
Constitution

Perhaps Satoshi can step forward to draft the first documents and sign it with his PGP signature and put it in the Blockchain so, We the Bitcoiners can declare independence from our owners and work to protect and grow the Blockchain.

wumpus

hero member

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No Maps for These Territories

Quote from: ?? on ??

I am surprised you aren't up in arms either. You don't get paid, and I bet your just as good as Gavin. How they taking a risk? They all own bitcoin businesses, two of the board member's businesses complement each other. Gavin controls the protocol and how it is design.

I'm not in arms because I am not connected to the Bitcoin Foundation. If they were willing to hire me part or full time for a competitive salary I would consider it, but I like my independence, and the idea of a dev team not completely employed by one organization. I'm sure there will be lots of lucrative Bitcoin gigs beyond the foundation as this thing grows. As of now I have a completely Bitcoin-unrelated job and do open source development for fun and ideological reasons.

Quote

You really can't make another foundation and start asking for 10,000BTC when you have no power. The foundation has power, behind it.

Well the thing with power is that it's fluid. Just complaining about it won't get your far, but I'm sure there are people with "power" outside the immediate circles of the Bitcoin foundation that could just as well get some things done, if only they'd organize. It's not like the Bitcoin Foundation is a repressive regime that drones down everyone that poses a danger to their "monopoly"

But you'd have to be serious about it. And for many people that's hard for something that is still as speculative as Bitcoin. This is also one of the things that prevent existing world power structures from barging in en-masse. Fear of reputation.

wumpus

hero member

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No Maps for These Territories

Quote from: ?? on ??

There so much wrong in the foundation, from the pricing structure, the wall garden around there forums. To not letting you register anonymously, yet Satoshi is a founding member, so how does that work?

It's not that the bitcoin foundation business plan is unique. You, too could start a bitcoin foundation, try to hire some of the core devs, start a forum and a marketing machine to build legitimacy (and maybe start in some other country than the US, or even use some other leading language than English).

Don't forget these guys are taking a large risk!

I think if it was really so lucrative as people would make it believe, and there was really so much resistance against the current bitcoin foundation, bitcoin foundation alternatives would be mushrooming all over the planet like altcoins.

Dunster

newbie

Activity: 54

Merit: 0

Quote from: wumpus on April 26, 2013, 02:39:06 AM

Maybe this?

https://github.com/pmlaw/The-Bitcoin-Foundation-Legal-Repo/blob/master/Bylaws/Bylaws_of_The_Bitcoin_Foundation.md

Yes, this is it. So it is a non-profit US corporation organized in the District of Colombia (Washington D.C.)

It is a Foundation in name only. What we have is a US Corporation. Shocked

Matthew N. Wright

hero member

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Hero VIP ultra official trusted super staff puppet

No offense to Charlie (I too started a very popular bitcoin foundation 2 years ago that he was a member in, so I can't say much), this is the part that I just can't get over no matter how hard I try:

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Industry Members (Platinum) 10,000BTC per annum

wumpus

hero member

Activity: 812

Merit: 1022

No Maps for These Territories

Maybe this?

https://github.com/pmlaw/The-Bitcoin-Foundation-Legal-Repo/blob/master/Bylaws/Bylaws_of_The_Bitcoin_Foundation.md

Quote from: ?? on ??

Gavin wanted to get paid, he whined and whined to Charlie about it,

What's wrong with Gavin getting paid? He's the only developer that is getting paid by the foundation AFAIK.

There is no one paying for the other open source work on bitcoin at all. Do you think a global currency should be fully dependent on random altruism of developers, with no one working on it full time? Giving Gavin a salary for working full time is a very good idea.

Matthew N. Wright

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Hero VIP ultra official trusted super staff puppet

According to Charlie Shrem on Skype:

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[2/9/2013 4:44:25 AM] Charlie Shrem: The key of the foundation and why I started it is to Promote and protect

Can't help you much more than that.

Dunster

newbie

Activity: 54

Merit: 0

Hello,

Does anyone know where the By-laws are located for the Bitcoin Foundation? They are referred to here:

https://bitcoinfoundation.org/about/governance

Also, are there any sort of Articles available or filed anywhere which show the genesis of the foundation?

It would be interesting to see how the foundation came into being and how the members appointed themselves.

Thank you.

Topic: Bitcoin Foundation By-Laws? (Read 1271 times)