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Topic: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs - page 2. (Read 2563 times)

hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
wot is mit
Massachusetts Institute of Technology, it is the university where the top tier of students go who are training in technology fields.
The Harvard of technology if you will.

It's where this clown got his Ph.D. Undecided

tyz
legendary
Activity: 3360
Merit: 1533
Seems that MIT wants to play a bigger role in cryptocoin research and development. I already welcomed their action to give away free Bitcoins to students in order to address them with the technology. Thumbs up!
hero member
Activity: 1372
Merit: 783
better everyday ♥
@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.





Thats great Gavin gets paid. Phew.

Got to love short term thinking. Look if Bitcoin needed funds for any development it could of been found rather than go to the people that are more than likely gonna get tapped to hack, recreate it or worse. Hooray for shortsighted planning. Talk about cutting off your nose to spite your face.

You do realize there are other Bitcoin Core developers working on this project besides Gavin Andresen right?

Short term thinking?  Where are all these open source developers that are picking up the slack and making better wallets than Bitcoin Core?   I see a bunch of SPV wallets, light, and web wallets, but I still haven't seen any that are as robust as the Core wallet:

https://bitcoin.org/en/choose-your-wallet

Bitcoin Core is the defacto and official Bitcoin wallet for good reason.  It is the first wallet that Gavin and Satoshi transacted with.  It is the wallet loaded onto servers and VPS all over the globe to serve as nodes.  Reward and fund these people for chrissakes.
legendary
Activity: 1106
Merit: 1000
I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^



Agree. Plus the funny thing is the most talented people often don't work on projects for the money anyway. They do it for the tech challenge to solve a problem and the belief they are helping humanity etc. As quite a selfish person I'm amazed at how much effort people really will put into projects but there it is. I fact people who will only work for money are likely the ones you don't want involved. I bet Satoshi didn't plan on making a ton of money for himself.


I'm genuinely suspicious of people on here pushing for regulation and centralised input. You can bet there are a ton of FBI etc staff among users here.
legendary
Activity: 1106
Merit: 1000
@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.





Thats great Gavin gets paid. Phew.

Got to love short term thinking. Look if Bitcoin needed funds for any development it could of been found rather than go to the people that are more than likely gonna get tapped to hack, recreate it or worse. Hooray for shortsighted planning. Talk about cutting off your nose to spite your face.
hero member
Activity: 1372
Merit: 783
better everyday ♥
@yayayo Gavin leaving the Bitcoin Foundation is essentially admitting TBF is a mistake.

Look who they put in charge!  None other than that pedophile Brock Pierce:

http://www.coindesk.com/brock-pierce-bitcoin-foundation-board-chairman/

Where is this crowdfunding going towards Bitcoin that you speak of?  There's nothing coming in.  It takes substantial money and resources to lead and develop a project of this magnitude.  Gavin was in the absolute right to leave TBF, and landing/partnering at MIT Media Labs of all places, is an absolute godsend.

legendary
Activity: 1806
Merit: 1024
I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.

Gripes about Gavin aside, what about the other Bitcoin core devs?  You don't think they deserve to be paid either?

What about Wladimir van der Laan and Cory Fields?  Do they continue writing code pro bono?

Some posters have to read the articles and the whole story before posting....

The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...

I agree with you, Eastfist. To me, Gavin seems to be very conformist and sometimes even narcissistically ignorant when following his own agenda. It seems to me that he likes to grab power. Other devs have made contributions of equal importance without that attitude.

We should not forget, that it was Gavin's idea to establish The Bitcoin Foundation. Now he leaves his project in a state of ruin and heads over to the next organization willing to pay for him. He should at least officially admit that founding TBF was a mistake.

I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^

Exactly. We don't need organizations to fund Bitcoin. Depending on organizations that work in US jurisdictions is even more problematic indeed. In fact, Bitcoin makes crowdfunding development easier than ever before. So why not use Bitcoin to fund Bitcoin?

ya.ya.yo!
Q7
sr. member
Activity: 448
Merit: 250
I'm glad he made the right decision. Leaving the foundation is the only best thing to do and having done in the interest of bitcoin. I'm sure at MIT they will have all the necessary resource and support to continue their works to make bitcoin even better and especially now minus the politically-minded, power hungry people. I think by itself that is already considered bullish news for bitcoin.
legendary
Activity: 2436
Merit: 1561
I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^

And what's stopping anyone from outside US from becoming dev and others from crowd-funding their salaries? It's an open source project.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I was hoping for a whole lot more decentralization of the core development on a global front, not centralization in a single country. The salaries could have been crowd funded and the development could have been done in a geographical decentralized manner. There are too many countries holding back on Bitcoin, based on their concerns with the USA being in control of the core development. ^very sad^
legendary
Activity: 3038
Merit: 1032
RIP Mommy
maybe it is the time when btc will again start its train journey to upward

That time will be when No-Bid is fully operational. I don't see MIT diverting resources from Bitcoin Core to work on it.
sr. member
Activity: 254
Merit: 1258
I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.

Gripes about Gavin aside, what about the other Bitcoin core devs?  You don't think they deserve to be paid either?

What about Wladimir van der Laan and Cory Fields?  Do they continue writing code pro bono?

Some posters have to read the articles and the whole story before posting....
Gavin is the only one 80% know on here because he is talked about.
full member
Activity: 154
Merit: 100
From Gavin's Tweet, blog, and Coindesk:

https://twitter.com/gavinandresen/status/590884520318078976

http://gavintech.blogspot.com/2015/04/joining-mit-media-lab-digital-currency.html

http://www.coindesk.com/bitcoin-core-developers-join-mit-digital-currency-initiative/?utm_content=buffer00a5a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Sayonara Bitcoin Foundation!  The only thing you were good for, Bitcoin Core, is now in the hands of MIT.

All in all, great news for Bitcoin overall, as Gavin and company will have state of the art facilities to work from and much needed funding for the Bitcoin project.  This also means MIT will be highly networked with universities across the globe, meaning Bitcoin will grow exponentially faster than if they stayed with the Bitcoin Foundation.

Kudos Gavin!
maybe it is the time when btc will again start its train journey to upward
hero member
Activity: 910
Merit: 1000
Good for Gavin and nice to see MIT continuing to promote Bitcoin.
hero member
Activity: 1372
Merit: 783
better everyday ♥
LOL I don't see how this is anything but good news.  People want Bitcoin to succeed, but don't want certain entities or forces to "drive" it.

Shit ain't free, man.
full member
Activity: 210
Merit: 100
I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.

Gripes about Gavin aside, what about the other Bitcoin core devs?  You don't think they deserve to be paid either?

What about Wladimir van der Laan and Cory Fields?  Do they continue writing code pro bono?

Some posters have to read the articles and the whole story before posting....


The core devs should be paid if they're doing it full-time and not volunteering. In the beginning, it was not paid. It was just to see if the whole thing would work. Once you start getting paid, then the person paying you can drive the narrative. Which is what we see now. Doesn't matter if the core devs "moved" from The Bitcoin Foundation, now the MIT Lab will have their own agenda. And the beat goes on...
sr. member
Activity: 254
Merit: 1258
When will people stop being impressed by 'big names' and 'powerful' organisations and start thinking most of them have your welfare as last on one big friken list of priorities. Its embarrassing to read on a Bitcoin forum. A desperate need to be accepted by the powers this technology is designed to fight. Who do you think groups like the NSA get all their tech knowledge to screw the hell out of you on a daily basis.

Damn it people, get some balls.


https://www.youtube.com/watch?v=UrOZllbNarw  

Acceptance, pfft.  It's a matter of survival.  Without funding and adequate facilities, the core devs wouldn't be able to make the updates that we desperately need.

Nothing to do with powers that be.  It's all about money, something that the Bitcoin Foundation ran out of.

http://www.ibtimes.com/bitcoin-foundation-effectively-bankrupt-considers-restructuring-report-1871683

Can't have your Bitcoin Core wallet updates on a negative budget...
Exactly, don't expect people to pour tons of labor hours on the wallet out of the charity of their hearts.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.

Gripes about Gavin aside, what about the other Bitcoin core devs?  You don't think they deserve to be paid either?

What about Wladimir van der Laan and Cory Fields?  Do they continue writing code pro bono?

Some posters have to read the articles and the whole story before posting....
full member
Activity: 210
Merit: 100
I never personally liked Gavin. He's loving being the prom queen too much. And I think he's being way overpaid. I think he'll stretch out development as long as possible to maximize stuffing his own pockets. If I had to analyze Gavin's true motives, he only cares about the attention and the money. He doesn't care if he was working on Bitcoin or some massive secret government project, as long as they pay him and put a camera in his face, he'll be flaunting that tiara hard.
hero member
Activity: 1372
Merit: 783
better everyday ♥
When will people stop being impressed by 'big names' and 'powerful' organisations and start thinking most of them have your welfare as last on one big friken list of priorities. Its embarrassing to read on a Bitcoin forum. A desperate need to be accepted by the powers this technology is designed to fight. Who do you think groups like the NSA get all their tech knowledge to screw the hell out of you on a daily basis.

Damn it people, get some balls.


https://www.youtube.com/watch?v=UrOZllbNarw  

Acceptance, pfft.  It's a matter of survival.  Without funding and adequate facilities, the core devs wouldn't be able to make the updates that we desperately need.

Nothing to do with powers that be.  It's all about money, something that the Bitcoin Foundation ran out of.

http://www.ibtimes.com/bitcoin-foundation-effectively-bankrupt-considers-restructuring-report-1871683

Can't have your Bitcoin Core wallet updates on a negative budget...
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