Topic: CODY WILSON PLANS TO DESTROY THE BITCOIN FOUNDATION - page 2. (Read 4108 times)

The thread you're in reference to was not of me actually paying $100K USD to become a Platinum Member, but designed to bring attention to TBF and KnC for the bogus $100K that KnC claimed to have paid, of which was, and still is, a big motherfuckin' lie, one that Patrick Murck perpetuated during his fuckin' AMA on Reddit the other day.

After over five months now since, we're no closer to the truth then we were when I penned that thread bringing the big fuckin' lie to everybody's attention, hence being where we are now, and why so many left TBF.

~Bruno Kucinskas

Bruno, it would be great if u can post a youtube video of yours talking about. We'll see if we can make that viral.

If I had a vote I would throw to Cody Wilson! Good Luck in trying to destroy foundation, hope you are successful!

Destory the foundation is a bit extreme. I think starting a reform from within would be good enough.

Regardless it will be entertaining.

That's easy, we re-write the bylaws with a majority vote like the patriot act re-wrote the constitution of the united states

Interesting , but judging from the bylaws someone posted above it might be just a publicity stunt.

How do they expect to get elected with those bylaws? The bylaws make dissolution impossible as well.

Thank you!

And.... YEYYYYY! Go Cody! If I make a lot of money maybe I'll do what Phinneus did and join the foundation for giggles to vote for him.

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

(c) Limitations on Voting Rights of Members. Except as otherwise provided for by any Board of Directors resolution, no member shall have the right or be entitled to vote: (i) on a sale, lease, exchange, or other disposition of all or substantially all of the Corporation's assets; (ii) on a merger of the Corporation; (iii) on a dissolution or reorganization of the Corporation; or (iv) on amendments to the Corporation's Articles or Bylaws.


Section 4.8 Voting: Each member is entitled to one vote on each matter submitted to a vote of the members of the member's membership class. Voting may be by voice vote, written vote or through electronic means as directed by the Executive Director. Cumulative voting for the election of directors or otherwise shall not be authorized.

Section 3.1 Membership Classes: The Corporation will have three classes of membership:

(a) Founding Members;

(b) Industry Members; and

(c) Individual Members.

Section 6.2 Nomination and Election: The Corporation's officers shall be elected by the Board of Directors in accordance with this Article VI. Each officer shall hold office until he or she resigns or is removed or replaced. All officers must be members of the Corporation. Any director may nominate a member to be a candidate for any officer position in the Corporation. All directors then in office may vote on candidates for such offices. Officer positions shall be filled in an election upon the vote of a majority of directors then in office. Each officer's term of office shall be two (2) years and there shall be no prohibition on re-election of an officer for subsequent terms following the completion of that term. The Board of Directors may issue resolutions establishing procedures governing the nomination and election of officers, provided that those resolutions are consistent with these Bylaws and the Articles.

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Interesting seeing how this will play out. Only the directors can vote for other directors? Interesting.

$25/annum or $250 lifetime is for individual members, but don't think they can vote. Nothing about voting is mentioned in the benefits:

https://bitcoinfoundation.org/join/

Huh?  I thought it was like $25 or something.

This is only your interpretation of the "mission."

I do not see "taking bitcoin mainstream" as meaning "working with regulators rather than against them and making the necessary concessions to their compliance requirements."

In fact I see that interpretation as fucking nuts.

So Are You Fucking Kidding Us?

https://twitter.com/Radomysisky/status/530346647427874816


Well, so far we're on the same page: Bruno Kucinskas will run for TBF board seat, running on Cody Wilson's platform.

i dont understand how he will destroy it? will he get other people elected to follow his agenda?

Cody Wilson, sounds like a pansy.  Check.
Is a pansy.  Check.

Word from the horse's mouth. More authentic source: https://twitter.com/Radomysisky/status/530346647427874816

No. TBF does some solid stuff, including offering legal assistance. Some highly-integrated members do controversial stuff, including calling for increased regulations. I don't see how it could be portrayed that Bitcoin is negatively affected by TBF in a truly significant way, and I don't believe they're a net detriment to Bitcoin. That said, there may be better ways of going about handling the "macro" and "real" issues with Bitcoin (legal, PR, "setting the agenda," community organization) - but if there are, that should probably be the focus, not destroying something else.

so in a way, do you think cody wilson is 'liberating' bitcoin somehow by 'destroying' TBF?

edit:  i'm pretty sure the community could come up with something better than TBF if ever it was 'destroyed'.

I'd argue the problem's just letting a group of people appear to be the authority on Bitcoin without necessarily being selected by the community, which is not limited to people paying annual dues to an election committee. TBF does more than select who gets to talk to the press, obviously, but I think that's kind of the rub, because members sometimes say things some of us consider antithetical to whatever "we" think Bitcoin stands for. They've done some good things. The other similar issue could come from TBF selecting not only who talks to the press, but who talks to governments, where the message could be even more critical. That said, I'm unaware of TBF ever actually claiming to be *the* voice of Bitcoin, and I've never heard of any government agency which says "well, we can only have one expert at the Bitcoin hearing, so let's call up The Bitcoin Foundation, cause it sounds legit!" I've gone from being leery to being a donor to hating them (some pretty tragic choices for board members) to ambivalence.

Does Cody code ?


So, whats the story with TBF ?
You have to pay to be a member ? That sounds dodgy right away. How about a democratic single transferable vote electoral system - maybe it could be done via the blockchain ?
I dunno.

Presumably the worry with TBF is that it will be co-opted by big business - or compromise bitcoins core values for widespread usage ?