Bitcoin Foundation to repair relationship with community

Lethn

legendary

Activity: 1540

Merit: 1000

Quote from: hdbuck on November 09, 2014, 05:09:17 PM

Quote from: balu2 on November 09, 2014, 03:53:41 PM

lol. Reading this. Nobody likes the foundation (myself included). How did they get there? Why do we have to honor them? If nobody likes them why does the community not distance itself from it? Are you not organised enough? Just start a campaign "i love bitcoin and i distance myself from the foundation" ... everyone will join that. Now what was that cake everyone got so excited about?

... just an idea ...

If you as a community are determined not to accept them, what can they do? Ignore you maybe? Can they? Are we that far yet?

basicaly its teh same shit with obama or whatever other politician. you dont have to care to be ruled.

Yep, they are self-appointed rulers that were never elected and continue to subvert the law against their own citizenry for their own ends, despite this many people being against them they still claim control over us because they have access to the whitehouse and therefore a military/police force that can suppress us.

Spendulus

legendary

Activity: 2926

Merit: 1386

Quote from: ThiagoCMC on November 09, 2014, 07:37:10 PM

Bitcoin Foundation means nothing.

They accept world class scammers like MercadoBitcoin.net, those bastards stolen from me and from my family, about X,XXX.YY Bitcoins.

What Bitcoin Foundation did? They love MercadoBitcoin.

So, they support criminals.

It is a shame.

They have never reprimanded or kicked any industry member out to my knowledge.

Including Mt. Gox....

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Spendulus on November 09, 2014, 11:48:56 PM

However, aren't they "blowing through the reserves" with the approximate $400-500K USD administrative and lobbying expense level per year, a lot of travel expenses, etc., instead of on development?

Yes, I believe so, but these people think that lobbying and working with regulators is a good thing for our community just like supporting developers. I don't necessarily agree, but they should be free to talk and meet with whomever they want if a certain percentage of the community supports these actions and others should be free to try and shine some light on the organization in order to inform the community as well.

illymoka

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Merit: 10

Quote from: Lethn on November 02, 2014, 09:07:37 AM

We hear things before the mainstream news does and are infinitely more informed Wink

Mm. Yeah, let's hope so.

Spendulus

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Activity: 2926

Merit: 1386

Quote from: inBitweTrust on November 09, 2014, 07:22:50 PM

Quote from: Spendulus on November 09, 2014, 07:18:15 PM

Quote from: hdbuck on November 05, 2014, 03:23:46 PM

this is a joke. how does people even buy all this soft communication crap?

Quote

Developing a sustainable business model so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

business model? lmao.

This is extremely dangerous thinking and comments. It appears to indicate that Murck thinks he/the Foundation/Somebody should regulate the price of Bitcoin, instead of the market.
In turn in some fantasy world the community would appreciate this "service" that the BF has "provided."

To be fair to him, I interpret his statement to mean:

Quote

Developing a sustainable business model (non profit charity model that is self sufficient) so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

All he is suggesting is that they are blowing through the reserves paying for 3 devs and need to have a sustainable charity. I would like devs to be funded by projects like lighthouse, day jobs, and through tips instead. I would prefer the funding to come from users directly rather than primarily business insiders(some of which are thieves)

I can see other interpretations of the comment exist, along the lines you suggest.

However, aren't they "blowing through the reserves" with the approximate $400-500K USD administrative and lobbying expense level per year, a lot of travel expenses, etc., instead of on development?

chopstick

legendary

Activity: 992

Merit: 1000

The bitcoin space is full of immoral/shady greedy fucks... it really is sad. No one that puts themselves in a centralized position of power can be trusted. TBF are corrupt and they will do whatever is best to serve their own (greedy) interests.

ThiagoCMC

legendary

Activity: 1204

Merit: 1000

฿itcoin: Currency of Resistance!

Bitcoin Foundation means nothing.

They accept world class scammers like MercadoBitcoin.net, those bastards stolen from me and from my family, about X,XXX.YY Bitcoins.

What Bitcoin Foundation did? They love MercadoBitcoin.

So, they support criminals.

It is a shame.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Spendulus on November 09, 2014, 07:18:15 PM

Quote from: hdbuck on November 05, 2014, 03:23:46 PM

this is a joke. how does people even buy all this soft communication crap?

Quote

Developing a sustainable business model so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

business model? lmao.

This is extremely dangerous thinking and comments. It appears to indicate that Murck thinks he/the Foundation/Somebody should regulate the price of Bitcoin, instead of the market.
In turn in some fantasy world the community would appreciate this "service" that the BF has "provided."

To be fair to him, I interpret his statement to mean:

Quote

Developing a sustainable business model (non profit charity model that is self sufficient) so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

All he is suggesting is that they are blowing through the reserves paying for 3 devs and need to have a sustainable charity. I would like devs to be funded by projects like lighthouse, day jobs, and through tips instead. I would prefer the funding to come from users directly rather than primarily business insiders(some of which are thieves)

Spendulus

legendary

Activity: 2926

Merit: 1386

Quote from: hdbuck on November 05, 2014, 03:23:46 PM

this is a joke. how does people even buy all this soft communication crap?

Quote

Developing a sustainable business model so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

business model? lmao.

This is extremely dangerous thinking and comments. It appears to indicate that Murck thinks he/the Foundation/Somebody should regulate the price of Bitcoin, instead of the market.
In turn in some fantasy world the community would appreciate this "service" that the BF has "provided."

jbrnt

hero member

Activity: 672

Merit: 500

If the foundation wants to repair relationships, try doing something for the bitcoin users, not just for the bitcoin businesses. They can kick out KnCminer tomorrow and animosity may change.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: balu2 on November 09, 2014, 03:53:41 PM

lol. Reading this. Nobody likes the foundation (myself included). How did they get there? Why do we have to honor them? If nobody likes them why does the community not distance itself from it? Are you not organised enough? Just start a campaign "i love bitcoin and i distance myself from the foundation" ... everyone will join that. Now what was that cake everyone got so excited about?

... just an idea ...

If you as a community are determined not to accept them, what can they do? Ignore you maybe? Can they? Are we that far yet?

basicaly its teh same shit with obama or whatever other politician. you dont have to care to be ruled.

balu2

hero member

Activity: 742

Merit: 500

lol. Reading this. Nobody likes the foundation (myself included). How did they get there? Why do we have to honor them? If nobody likes them why does the community not distance itself from it? Are you not organised enough? Just start a campaign "i love bitcoin and i distance myself from the foundation" ... everyone will join that. Now what was that cake everyone got so excited about?

... just an idea ...

If you as a community are determined not to accept them, what can they do? Ignore you maybe? Can they? Are we that far yet?

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: ?? on ??

Quote from: Envrin on November 02, 2014, 09:13:47 AM

Not to sound like a jerk, but who cares about the Bitcoin Foundation? Isn't the whole point of bitcoin so we don't have to deal with bureaucratic bullshit? In my eyes, they're 100% totally irrelevant, and just created themselves a bunch of good paying jobs.

Hell with it, I'm starting Bitcoin Foundation 2.0 -- who's in? If we play our cards right, we can all be making 7 figures within the next 12 months for not doing much except talking. Cool deal, eh?

BFD = Bitcoin Foundation Dark

Shocked

LOL

Actually, it's TBF = The Big Farce

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: Gleb Gamow on November 06, 2014, 01:41:46 PM

What support should I expect if I also chose to run to fill the other vacant seat, especially running on the exact same platform as Cody?

~Bruno Kucinskas

Both have my vote. Disbanding or breaking up the foundation would be a great thing as long as we supported the 3 devs they currently employ.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: bobcaticus on November 06, 2014, 01:33:32 PM

https://www.cryptocoinsnews.com/cody-wilson-plans-destroy-bitcoin-foundation/

What support should I expect if I also chose to run to fill the other vacant seat, especially running on the same exact platform as Cody?

~Bruno Kucinskas

bobcaticus

hero member

Activity: 553

Merit: 500

https://www.cryptocoinsnews.com/cody-wilson-plans-destroy-bitcoin-foundation/

Spendulus

legendary

Activity: 2926

Merit: 1386

Quote from: hdbuck on November 05, 2014, 03:23:46 PM

this is a joke. how does people even buy all this soft communication crap?

Quote

Developing a sustainable business model so that bitcoin's development isn't at the mercy of bitcoin price swings. This should also help align the Foundation's future with the value it is providing to the community.

business model? lmao.

From forward forecasting from their published financials, at current and projected BTC prices they are out of funds in less than two years. Massive membership increases would be required to prevent this OR donations in the tune of millions of dollars.

So this is an attempt to broaden the base for survival of the paid employee base, eg the current business model. Most non profits spend a considerable amount of time and effort fund raising, no particular reason to expect this one to be any different.

evansearle42

sr. member

Activity: 366

Merit: 250

Quote from: smoothie on November 05, 2014, 05:57:57 PM

lol let's take something decentralized like Bitcoin and attach it to a "voice/spokesperson" (i.e. The Bitcoin Foundation), which is CENTRALIZED.

With all the scammers that exist it is a mistake to do that.

Especially if they are asking for funding from the community through "sponsorships".

Well there does need to be an available channel for people to be able to reliably learn about how Bitcoin works and to "sell" the features of bitcoin to potential adopters of bitcoin.

My major been with TBF is their lack of transparency. They are suppose to be promoting a currency that is very transparent however are not themselves transparent

retrend

sr. member

Activity: 476

Merit: 251

Hard to understand why the bitcoin foundation exists really.

Just another bitcoin scam.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: smoothie on November 05, 2014, 05:59:34 PM

The Bitcoin network is the REAL BITCOIN FOUNDATION.

+1000 these guys just want to twist it. basterdz.

Topic: Bitcoin Foundation to repair relationship with community (Read 5536 times)