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Topic: Bitcoin Fundation charging for membership in dollars, not BTC (Read 991 times)

global moderator
Activity: 4018
Merit: 2728
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Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?
For some time in the beginning, membership fees were a fix amount in BTC.
After a while, people started complaining that "no one could afford these fees".
There was a lengthy discussion within the Foundation about how this could be changed, with suggestions ranging from IIRC "peg it to GDP per capita" to the "Big Mac Index".

In the end, pegging it to USD was the most pragmatic solution. Period.

I fail to see anything funny in that.

People just want to bitch. If they did it the opposite way they'd complain about that too.

Do you support the Bitcoin foundation and if you can you give a valid reason why you do?

No. I'm talking about people crying that they have pegged their donation price to fiat.
legendary
Activity: 1153
Merit: 1012
Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?

Another glimpse of their true face.
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
They are asking for donations in usd because people don't like spending their Bitcoin and want to hold.
hero member
Activity: 602
Merit: 500
Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?
For some time in the beginning, membership fees were a fix amount in BTC.
After a while, people started complaining that "no one could afford these fees".
There was a lengthy discussion within the Foundation about how this could be changed, with suggestions ranging from IIRC "peg it to GDP per capita" to the "Big Mac Index".

In the end, pegging it to USD was the most pragmatic solution. Period.

I fail to see anything funny in that.

People just want to bitch. If they did it the opposite way they'd complain about that too.

Do you support the Bitcoin foundation and if you can you give a valid reason why you do?
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?
For some time in the beginning, membership fees were a fix amount in BTC.
After a while, people started complaining that "no one could afford these fees".
There was a lengthy discussion within the Foundation about how this could be changed, with suggestions ranging from IIRC "peg it to GDP per capita" to the "Big Mac Index".

In the end, pegging it to USD was the most pragmatic solution. Period.

I fail to see anything funny in that.

People just want to bitch. If they did it the opposite way they'd complain about that too.
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?
For some time in the beginning, membership fees were a fix amount in BTC.
After a while, people started complaining that "no one could afford these fees".
There was a lengthy discussion within the Foundation about how this could be changed, with suggestions ranging from IIRC "peg it to GDP per capita" to the "Big Mac Index".

In the end, pegging it to USD was the most pragmatic solution. Period.

I fail to see anything funny in that.
hero member
Activity: 602
Merit: 500
USD, they support that?

    Platinum: $100,000
    Gold: $25,000
    Silver, large: $5,000
    Silver, medium: $2,500
    Silver, small: $1,000
    Lifetime: $250
    Individual: $25


Looks like they don't want to take risk of price fluctuations.

So they trust in USD being stable?

Not a group of people I could trust...

Don't think any of us trust them any more after recent events not that they have made Bitcoin better in any way or shape of form the foundation should be a non profit organsation but they want the money more than any thing else.
hero member
Activity: 728
Merit: 500
USD, they support that?

    Platinum: $100,000
    Gold: $25,000
    Silver, large: $5,000
    Silver, medium: $2,500
    Silver, small: $1,000
    Lifetime: $250
    Individual: $25


Looks like they don't want to take risk of price fluctuations.

So they trust in USD being stable?

Not a group of people I could trust...
legendary
Activity: 1274
Merit: 1004
USD, they support that?

    Platinum: $100,000
    Gold: $25,000
    Silver, large: $5,000
    Silver, medium: $2,500
    Silver, small: $1,000
    Lifetime: $250
    Individual: $25


Looks like they don't want to take risk of price fluctuations.
hero member
Activity: 728
Merit: 500
USD, they support that?
hero member
Activity: 602
Merit: 500
And if you read the text on page... Smiley

"We only accept Bitcoin as payment for members dues. Our membership pricing is pegged directly to the market value of Bitcoin, updated on a daily basis."

They don't support Bitcoin this proves it they want to get as much bitcoin with their fake help the community business and cash out directly to usd and become rich.
newbie
Activity: 8
Merit: 0
And if you read the text on page... Smiley

"We only accept Bitcoin as payment for members dues. Our membership pricing is pegged directly to the market value of Bitcoin, updated on a daily basis."
sr. member
Activity: 266
Merit: 250
 Grin they should better found exchanger
legendary
Activity: 1260
Merit: 1029
Aint that funny thing.
They are BTC fundation. They promote BTC. But still they charge for membershin in dollars (you cna pay in BTC if you want). How funny is that?

https://bitcoinfoundation.org/support
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